Relevant:
- 2012 the year of the short sale -- Short sales over 50 percent of all MLS inventory in Southern California. Beware of costs like PMI, HOAs, and Mello-Roos.
- Short sales and foreclosures made up 52 percent of all recent Southern California home sales -- Lenders aggressively pricing lower-end properties to move. Two Pasadena examples.
- Southern California Home Sales Rise on Investor Purchases
- Short Sale Report Volume 3: Another Week and Another Record. SoCal Short Sales up over 12,000.
- short sales grab record market share in march
2007-10-13 — doctorhousingbubble.com
"While everyone is talking about multiple housing related issues, it seems that people are failing to report on the monumental record we set this week. Southern California, for the first time this millennium has hit a record of 10,000 short sales."
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