REO/Short-Sale Mix

by | Aug 6, 2010 | Market Conditions, Short Sales | 3 comments

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

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!
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3 Comments

  1. cara
    cara on August 6, 2010 at 8:23 am

    What’s PPSF, Jim?

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

  2. Jinx
    Jinx on August 6, 2010 at 8:29 am

    ppsf = price per square foot

    Vegas short sales increased 78.3%? Holy cow.

  3. clearfund
    clearfund on August 6, 2010 at 10:59 am

    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.

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