PLACERVILLE, CALIFORNIA

Real Estate

Traditional sellers hurt by short sales and REOs

By From page C2 | January 20, 2012

Ken Calhoon

This year will be the most difficult since the beginning of the real estate recession for conventional sellers. Six of every 10 county homes closing escrow are now short sales or REOs and that percentage will steadily increase. It will be 2014 before the percentage of shorts and REO listings and their subsequent sales will drop below 25 percent.

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Ken Calhoon

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