More market news about short sales Courtesy of The Signal, in California. The title of this article is, “Short Sales Hamper Market”, and it’s an interesting article because it somehow backwardly blames the housing problems on Short Sales, even though we have shown over and over again that short sales are actually a mitigating factor, [...]
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Posted in Market News
Tagged california, foreclosure, news, realtor, short sale, short sales
Tagged california, foreclosure, news, realtor, short sale, short sales
Found this graph today which shows the breakdown of distressed properties over time in Orange County. The total number of distressed properties was going down until October and November is showing an uptick. Interestingly though is the breakdown of short sales vs. foreclosures – you can see that short sales are becoming an increasingly larger [...]
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Posted in Market News
Tagged california, distressed property, graph, mortgage, shortsale
Tagged california, distressed property, graph, mortgage, shortsale