32% of Glendale’s Home Sales were short sales or foreclosures, November 2010
The number of Glendale homes sold in November remained strong.
The number of days on market is impacted by the average days on market for short sales which was 172 days versus standard sales average days on market of 71.
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The number of days on market is impacted by the average days on market for short sales which was 172 days versus standard sales average days on market of 71.
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Posted by Phyllis Harb at 12/11/2010 3:23 AM 
Categories: Glendale, Real Estate Market Stats
Tags: real estate market conditions
Categories: Glendale, Real Estate Market Stats
Tags: real estate market conditions
Amazing that 32% of the closings were short sales of foreclosures. We're seeing similar numbers in Minneapolis. The thing that amazes me is how few real estate agents are actually willing to represent sellers in a short sale negotiation. Granted, they're super frustrating but I don't know how you can expect to stay in the real estate business and not be willing to handle short sales.
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Interesting statistics. I think that the numbers would be bigger..
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