Current sellers may benefit in the short-term from fewer foreclosures on the market, which account for large percentage of transactions currently. RealtyTrac estimates that distressed sales account for a third of the residential real estate market, and depressing home prices by about 26%. Originally published at by Sherwin Sucaldito.

Freeing Foreclosures

A short sale scenario occurs prior to a property going into foreclosure, and is sometimes a more viable option as it may be more economically beneficial to sell the property for a minor loss rather than going into the foreclosure process. A short sale can occur even if Notice of Default has not been recorded. Originally published at

Coming Up Short