Short sales can definitely be more trouble than they are worth. But they can also be the source of a great deal! It all depends on the particulars of the property, case by case. Take a look at my blog on short sales success, but beware, they can also be failures!
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I would say stable. Our foreclosures have dropped in numbers and the price per ft increased in 2o11 at 12%. We set rental records last year that I am sure we will beat in 2012. Transactions were higher in 2011 than in 2005 another words we sold more but at half the price.
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