Tucson Short Sales and REO Average Sale Price

Is it in the banks interest to put more effort into dealing with Short Sale offers quickly? Absolutely! The proof is in the numbers. You would think if any corporation would know about “numbers” it would be a BANK. But apparently not.
Short Sales and REO Sales Tracking Just Got Easier

Recent reports in the media have said that 30% of Tucson real estate sales fall into this category. While inside sources have put the figure at 16% of properties on the market. There is a wide gap between these two figures.
Tucson Foreclosures Short Sale REO Bank Owned July 2008

There they are; all the buzz words of Real Estate these days. After seeing the headline “Foreclosures more than double here” in the Saturday, July 27, 2008 Arizona Daily Star I decided I wanted to see for myself where all this stacks up in the Tucson MLS system.
According to an aside on the front page [...]





