The 2007 collapse of the housing bubble has resulted in foreclosures that are still forcing families out of their homes. In Washington state, buyers can find several homes made available due to foreclosure or short sales – selling the home for less than its appraised value so the seller can take less of a hit to his credit rating.
About Washington State
From the eastern edge of the state to the shoreline, you can seek out and find foreclosure listings in Washington. These are not usually shown on real estate websites, but they are there. From the coastline cities to the agricultural and semi-arid areas farther east, you can find the home you want in the area you want. Should you prefer mountains or rain forests, you will find them in this state.
For more suburban or metropolitan areas, look to Tacoma or Seattle, home to software development companies and aviation employers. If you work in other industries such as wood and forest products or biotechnology, you will find employers here as well, which means you will need to find a home.
Washington Foreclosure Listings
While Washington falls in the top 10 percent of U.S. states for per capita income, its residents have been adversely affected by the foreclosure crisis. The top cities in Washington state for foreclosures are, in order from top to bottom, Seattle, Tacoma, Vancouver and Spokane. Foreclosures are the highest in the 98198, 98391 and 98168 ZIP codes.
Look, also, to Everett and Olympia for short sale and HUD foreclosures in Washington. Home auctions are other avenues where you can look for well-maintained and affordable homes. Due to their placement at the top of the list, you’ll find home auctions in Tacoma and Seattle – look beyond the obvious and find a home for you and your family.