[mEDITate-OR:
be distressed that you don't know about distressed sales...
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NOTE:
LARGE charts are available for your viewing pleasure @ CR's web site.
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Tuesday, May 11, 2010
The Sacramento Association of REALTORS® is breaking out monthly resales by equity sales (conventional resales), and distressed sales (Short sales and REO sales), and I'm following this series as an example to see mix changes in a distressed area.
The second graph shows the percent of REO, short sales and conventional sales. The percent of short sales is near the high set in December and will probably continue to increase later this year (2010 is the year of the short sale!).
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