Real estate blog entries tagged with short sale by Damon C (eCommission)

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Home : Blogs : Damon C : Damon's Blog : Tag "short sale"

short sale: Short Sales Becoming Common - 04/08/08 02:28 PM

MSN posted a great article today called As housing falls, short sales becoming common that goes into the reasons why short sales are becoming so common and how best to manage a short sale transaction.
Short sales are becoming more common in today’s market:
“Our numbers suggest that 20 percent of completed home sales nationwide are short sales,” said Guy Cecala, publisher of Inside Mortgage Finance. “The number would be larger if it weren’t for the fact that one-third of all attempted short sale deals don’t go through.”
Read the rest of the article here
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