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Loan Modification

: Mortgage Lender Implode-o-Meter

Santa Clara County sees rise in short sales

By Implode-Explode Heavy Industries

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"About one-third of the homes now on the market in Santa Clara County and one-sixth in San Mateo County are owners seeking short sales. In March, about 23 percent of completed home purchases in Santa Clara County were short sales, up from 11 percent a year earlier. In San Mateo County, 12 percent of home purchases in March were short sales, the same as a year earlier."

Full post as published by Mortgage Lender Implode-o-Meter on April 29, 2010 (boomark / email).

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