I agree that it looks like the short sales are slowing down, but compared to the total listings, the overall percentage is still increasing. If we assume these numbers reflect the actual relative values in the market given the comments a few posts back, this will be interesting to track. Possibly we are seeing non-distressed houses pulled off the market or selling, but distressed sales staying until they sell or get forclosed? That is complete speculation on my part just looking at these data, which are only rough estimates, but following the current trend, even with decreasing listings, the percentage of listings that are distressed keeps increasing – how that trend plays out until the “spring rebound” could play a major role in what the spring sales and prices look like.
[img_assist|nid=5641|title= Short Sales and Total Listings|desc=|link=node|align=left|width=466|height=297]
[img_assist|nid=5642|title= Percent Change and Percent Short of Total|desc=|link=node|align=left|width=466|height=297]