The following information represents the current concentration of Short Sales in Pending Sale Status versus Traditional Sales in Pending Sale Status for Alamo CA as of April 26th 2012. As you can see there is a big difference between the percentage of short sales as total pending sales and what is currently for sale that is a potential short sale. This variance relates to the additional time that it can take to get a short sale completed.
Please keep in mind that this only reflects the market on the specific day quoted. Alamo Short Sales take time and may be represented over several months in this data while traditional sales close escrow in the 30-60 day range.
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