Short Sales UP OVER last Year but STILL NOT Dramatic Numbers!

Here in the “Wine Country” of Sonoma County, California–our short-sales are UP but NOT that dramatically. The recent collective settlement of the Attorney Generals of the United States, promising some 250,000 MORE short-sales has YET to hit home. The HUGE $28 Billion settlement may see bigger numbers coming about in the next quarter. So this SUMMER will be critical. Here’s the run down from all of 2011 and INTO this year up to May, 2012:

THE BIG $28 Billion Settlement with the big banks may result in More Short-Sales. Time will tell. The last Three Months are ON THE RISE so let's hope more is to come!