Pre-Foreclosure Short Sales Jump 19% in Second Quarter

Aug 24, 2011 by

Pre-Foreclosure Short Sales Jump 19% in Second Quarter

Short sales shot up 19 percent between the first and second quarters, with 102,407 transactions completed during the April-to-June period, according to RealtyTrac. 

Over the same timeframe, a total of 162,680 bank-owned REO homes sold to third parties, virtually unchanged from the first quarter.  RealtyTrac’s study also found that the average time to complete a short sale is down, while the time it takes to sell an REO has increased. Read More


Please feel free to contact Fox Short Sale Negotiators if you need additional information  –  Click here


Warning: include(/home/content/88/7602188/html/wp-content/themes/magnificent/includes/infopanel.php) [function.include]: failed to open stream: No such file or directory in /home/content/88/7602188/html/wp-content/themes/magnificent/single.php on line 43

Warning: include() [function.include]: Failed opening '/home/content/88/7602188/html/wp-content/themes/magnificent/includes/infopanel.php' for inclusion (include_path='.:/usr/local/php5/lib/php') in /home/content/88/7602188/html/wp-content/themes/magnificent/single.php on line 43