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Friday, August 6th, 2010 at 6:39 AM

REO/Short-Sale Mix

This chart makes it clear – servicers are pushing for short sales, instead of foreclosure:

Posted on Friday, August 6th, 2010 at 6:39 AM in Market Conditions, Short Sales | 3 Comments » | Print Print You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Reader Comments: 3 Responses

  1. What’s PPSF, Jim?

    Thanks. The amount some of those non-distressed numbers of sales are up is impressive.

    cara | August 6th, 2010 at 8:23 am

  2. ppsf = price per square foot

    Vegas short sales increased 78.3%? Holy cow.

    Jinx | August 6th, 2010 at 8:29 am

  3. jinx – that vegas number isn’t staggering when you look at the DECREASE in REO. Jim’s point is valid that they are just shifting strategies, while the combined volume remains fairly stable/static on a macro basis.

    clearfund | August 6th, 2010 at 10:59 am

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