The statistics are out for November 2013, and short sale closings are way down!
Two reasons for this - as prices increase, more homeowners are equitable, and can sell their homes without doing a short sale. However, the other reason is banks appear to be less willing to negotiate a short sale, and the Florida court system has been quick to process foreclosures, so some homes that would have been granted a short sale in the past, are now being foreclosed.
Please visit our website at http://cometoclearwater.com/real-estate-news/ for all the latest real estate statistics for Pinellas County Florida.
If you are curious what you home is worth in today's market, click here, or call us at 727-216-9247.
Deborah Ward & Associates
Keller Williams Gulfside Realty