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Posts tagged ‘Bankruptcy’


Seattle Real Estate Market Update Today

Things continue to trend downward for the Seattle Washington area according to ALTOS research data for April 1, 2012.

The median single-family home price for Seattle was $317,874.
The median price per square foot for homes in Seattle is about $180
There or approximately 2502 properties on the market in Seattle which is up from 2108 at the beginning of year.


Las Vegas Real Estate Market Outlook Today

Things are somewhat looking up in the housing market for Las Vegas Nevada according to ALTOS research for data was updated April 4, 2012. however there is caution urged due to the amount of homes that are left in REO inventory yet to come to the market.

The median single-family home price is $140,566
The median price per square foot is about $73
There about 4002 properties on the market for sale down for nearly 14,000 a year ago.

Foreclosures are predicted to rise in the coming months.
the banks are estimated to have some 41,000 homes yet to be released into the market for resale.


Economic Indicators and Debt Relief

Unemployment was reported to have dropped in January ’11 to 9.0%, I anticipate that number to be adjusted upward. However, Walmart recorded its seventh consecutive quarter, nearly 2 years, of lower or decreasing “same store” sales. This is the best barometer of the economy known, at least as to Main Street. While stocks continue to soar under “QE2”, we on main street suffer together.

At Piet & Wright we have answers that will relieve the economic pressures and get your life back on track. We can discuss Bankruptcy options under Chapter 11, Chapter 7, and Chapter 13 along with short sales, debt settlement, and loan modification.


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