Short Sale Soundoff: California short sales fall in February

Posted: March 28, 2013 in Short Sales

According to C.A.R.’s Pending Home Sales Index, the combined share of all distressed property sales in California dropped to 32.9 percent in February, down from 35.6 percent in January and down from 53.3 percent in February 2012. Of the distressed properties, the share of short sales was 19.9 percent in February, down from 21.5 percent in January and down from 24.8 percent a year ago.  

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