135 Sold listings in the past three months with distressed properties making up 46% of those homes closed. 41 – 30% REO Listings 21 – 16% Short Sale Listings
Pending listings are made up of 58% of either REO or Short Sales.
An interesting number is the increase in short sale closed escrows. Short sale lenders have improved the process and, if not easier, at least it is possible to close more short sales.