Short Sales in Sacramento are up in 2015
[caption id="attachment_18508" align="aligncenter" width="300" class=" "] Short Sales in California are many times the reason for a foreclosure sale postponement[/caption] Short Sales in Sacramento are certainly up lately,California short sales and foreclosures up 2.2 percent Q1 2015 and as I look for reasons I come across information showing that Short Sales in California as a whole are increasing. Sacramento Short Sales are poised to increase further, as California is up 58 percent in Bank Repossessions (24-month high). The percentage of short sales and foreclosures advanced 2.2 percent in the first quarter of 2015, the largest increase seen since 2012. The new home distressed data from Clear Capital, shows that many areas are still struggling to recover from the losses seen during the...
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