The connotation that has developed with prospective buyers of short sales, is that they represent a smoking deal. That type of thinking is typically incorrect in most instances. Here is why... By basic definition, a short sale is A.) Property that is being sold at a price lower than what is still currently owed on the home loan. B.) The seller will not be making up the complete deficiency at time of closing to their lender. Nothing in the definition regards value...
The Wall Street Journal Reports Vacation Homes A Hot Market
So How does the Sunriver Housing Market shape up against the markets above? Well within Sunriver, homes sold in 2009 was 109. Compared with 130 homes sold in 2010, the increase equates to a rise in homes sold of 27%.