Folsom Short Sale Agent and Folsom Short Sale Specialist Presents
The Folsom Short Sale Report For April 2011
Folsom short sales as well as foreclosure activity in Folsom are increasing. For the fourth straight month, Short Sales going pending have increased month over month. Closed short sales are still struggling though… the gap between the number of pending sort sales and closed short sales in Folsom is widening, instead of narrowing.
|1 month||1 year||2 years|
|Mar 11||Apr 11||% Change||Apr 10||Apr 11||% Change||Apr 09||Apr 11||% Change|
The number of notice of defaults and notices of trustee sales in Folsom are increasing again after a lul in December and January.
I find it very interesting that at the same time that short sales in Folsom are increasing, the actual number of foreclosure sales (homes going back to the bank) are staying quite stable (red line below) .