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Number of short sales on the rise

By Mike in with 0 Comments

Short sales in California are on the rise and are increasing in percentage of home sales in many states. This year, California short sales made up 25% of home sales in the 2nd quarter, up from 18% in the 2nd quarter last year. This has stayed true for Downtown San Diego

Condo and Loft sales as well. We have seen, and continue to see more and more short sales coming into the Downtown San Diego market.