Boise area short sales represent only a small percentage of closed sales.

This data is for Short Sales from 7/1/08 – 10/31/08

 

  • Total Sales in MLS                            1,919
  • Short / Closed                          113      5.9%
  • Short / Pending (7/1/08+)         88        17.7%

 

The Short/Pending illustrate the difficulty in closing many short sales. They have a 50% fall out ratio. This is due to two primary factors that I will address in the next post.

Posted by DarrinJ at 11/27/2008 2:13:00 AM
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