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Rainmaker
864,708
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

I would predict less. As home prices rise pass year 2005, the likelihood of some needing shortsale is much diminished. Also the debt cancellation is taxable as an income, there just isn't that much of an incentive for shortsale.

Dec 03, 2014 09:12 AM
Rainmaker
630,251
Ajay Pandya
e-Merge Real Estate Unlimited - Columbus, OH
Realtor Ajay Pandya

I know I am late in answering this - and we already have seen the market since then...

Sep 28, 2017 10:30 PM
Rainmaker
4,319,773
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

With market improvements, I do see this number going down.

Jul 07, 2017 11:19 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Less - was my prediction and less - was the reality

Apr 09, 2017 06:04 AM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

If the government passes the mortgage forgiveness act, I would expect a little increase in short sale listings.  And, a better percentage of closed sold short sale transactions.

Dec 04, 2014 12:39 AM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I have seen fewer short sales in my area and hope the trend will continue.

Dec 03, 2014 09:08 PM
Rainmaker
2,817,727
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

They seem to be decreasing here, and from what I've heard from some of those here who specialize in short sales, they expect this trend to continue.

Dec 03, 2014 11:31 AM
Ambassador
6,415,944
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Been a while since we have seen one.

Aug 09, 2019 08:30 PM
Rainer
279,878
Dipti Thakkar
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar

I am sure they went down in 2015.

May 01, 2018 10:37 PM