Ivy's Lastest Blog Post

           

 Increase in short sales give market a little

                        breathing room

By Martha C. White

Short sales up, foreclosures down. That's because in many cases a short sale may be the lesser of two evils for banks and homeowners versus a foreclosure.

It's a tarnished silver lining for people at risk of losing their houses and homeowners in neighborhoods blighted by bank-owned properties, but the robosigning scandal that slowed the foreclosure process to a crawl appears to have increased lender interest in short sales. 

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Ivy LoGerfo is a Licensed California Realtor.
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