Short sales 5,607 down from 5,743. I’ll explain below while this decline is a non-event.
Countywide we are at 16,405 down from 17,396 last week. Inventory typically drops alot on New Years Day because a relatively large number of listings expire on Dec 31st. For whatever reason, agents often enter 12/31 listing expiration dates on listings. Most of these will be back on shortly.