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Number of Short Sales to Rise?

With the housing crisis of 2008 still fresh in our minds, the recent drop in stock prices makes us begin to wonder, "Are we heading towards tough times again?"

According to an article in RealtorMag, we may be.  In fact, the study cited in this article claims that the number of distress sales is already nearing  pre-2008 levels.  And if the current trend continues, then the number of distressed sales will rise even higher this winter.

Click on the link below to read the entire article.

Number of Short Sales to Rise?