Wednesday, May 06, 2009

1 in 5 homes Qualify for Short Sales

Of all transactions is the past 12 months, 20.4 percent were foreclosures, up slightly from 19.9 percent in the fourth quarter, while 11.9 percent of homes sold were short sales, also up slightly from 10.9 percent in the fourth quarter

Short Sale Opportunity continues to increase this year. We had the largest amount of foreclosure filings occur in the First Quarter of 1009.

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