REO/Short-Sale Mix

Written by Jim the Realtor

August 6, 2010

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

3 Comments

  1. cara

    What’s PPSF, Jim?

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

  2. Jinx

    ppsf = price per square foot

    Vegas short sales increased 78.3%? Holy cow.

  3. clearfund

    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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