This Month in Real Estate: Foreclosures Down as Short Sales Become Viable Options
June 18, 2010 by Katie Wethman · Leave a Comment
April stats for foreclosures are out, and they show a 2% decrease form April of 2009, possibly due to more sellers being aware of short sales as a viable option, and more buyers recognizing that short sales may pose a good buying opportunity. Short sales are still long, frustrating processes for all parties involved, but [...]
Why Don’t Short Sales Close?
March 15, 2010 by Katie Wethman · Leave a Comment
Most buyers know by now that a very low percentage of short sales close. And I don’t mean that buyers need to wait a long time (though they do) — I mean they NEVER close. What are some of the reasons why? And what happens to them? First, let’s recap: What is a short sale? [...]
Short Sale Statistics for Arlington
December 13, 2009 by Katie Wethman · Leave a Comment
Our local MLS has added a field to specify short sales (though “Undisclosed” is still an option), which makes it a little easier to get a handle on the current state of the market. So where are the short sales in Arlington? As of the date of this post, there are 46 active short sales [...]
