House Prices Up in April Amid Slower REO Growth

House Prices Up 5.1 Percent in April Amid Slower REO Growth Home prices in April gained 5.1% from last year, while REO levels across the country slowed their climb, according to the real estate data provider Clear Capital. The firm measures home prices on a rolling three-month period. REO took up 29.6% of the market… Read More

Some Washington banks are recovering, others see their options narrowing (Seattle Times)

Washington’s banking sector is among the nation’s most troubled, by some measures: Two dozen of the 95 banks and thrifts headquartered within the state, or 25.3 percent, have had their operations restricted by state or federal regulators — one of the highest levels in the country.