If you are considering a short sale instead of walking away, this may be the most important news you read today.  As of today, at the end of 2011, short sales comprise 30% of the residential real estate market.  The average number of days on the market is less than 30.  Traditional home sales average 90-180 days on market.  Traditional listings are over-priced for the market by at least 10%, most of the time and usually sell at 90% of their list price.

 

 

 

 

 

 

 

 

 

 

 

 
This post has been included in Texas Real Estate News Collin County, TX Real Estate News
Post is included in group: Posts to Localism
Post is included in group: SHORT SALE NETWORK
Post is included in group: Short Sales Specialists

3 Comments on LENDERS' PREDICT - SHORT SALES MAY RISE IN 2012

DEC
27
2011
177,838 Points 2 Featured Posts

There has been much banter about 2012 being the year of the short sale. Just may be the place to be
8:25am • #1
468,906 Points

Hello Brenda.  Great post!!  If you don't mind I will re-blog.  We are in a similar market here in South Florida and we have already seen a slight rise in Short Sale listings during the last couple of months.  Thanks for sharing.
8:28am • #2
412,847 Points 16 Featured Posts Outside Blog Called Shot Master

I am not sure that this is a good sign.  My experience is that the banks are not organized enough to make a decision in a reasonable amount of time.
8:30am • #3


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BRENDA ROGERS

Plano, TX

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KELLER WILLIAMS REALTY

Address: 18383 PRESTON ROAD, #150, DALLAS, TX, 75252

Office Phone: (972) 567-1921

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REALTOR SHORT SALE SPECIALIST AND PRE-FORECLOSURE REALTOR IN PLANO, COLLIN COUNTY, DALLAS WITH EXPERT ADVICE AND KNOWLEDGE - HERE TO EDUCATE AND ANSWER QUESTIONS


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