Number of short sales on the rise – USATODAY.com-This trend will continue for Bay Area Real Estate

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Check out this article that I saw in USA TODAY’s iPhone application.

Number of short sales on the rise
http://usat.ly/ncYncQ

To view the story, click the link or paste it into your browser.

To learn more about USA TODAY for iPhone and download, visit: http://usatoday.com/iphone/

This article was published earlier this year and is still relevant today. We are seeing the number of homes being sold through a short sale increasing. There are a few reason’s for this trend however the most important is that the banks and lending institutions are recommending short sales for those who do not qualify for a loan modification.