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Should We Combine Auctions & Short Sales By Peter G. Miller May 25, 2012 Short sales are a big deal and to see why just look at the numbers: The National Association of Realtors reports that in March short sales represented 11 percent of all existing home sales and typically sold with a 16-percent discount. REOs Short Circuited by Short Sales By Daren Blomquist, RealtyTrac Vice President May 24, 2012 In New York last week, I got the chance to sit down with Fred Katayama of Reuters to discuss the foreclosure numbers, which show that bank repossessions (REOs) dropped to a 49-month low in April. Best Lenders and Servicers to Buy Short Sales From By Daren Blomquist, RealtyTrac Vice President May 24, 2012 Among the nation’s largest lenders and mortgage servicers, some are better than others when it comes to buying a short sale. Short Sales Priced to Sell More Quickly By Daren Blomquist, RealtyTrac Vice President May 23, 2012 It appears that lenders are finally realizing short sales will sell faster if they are priced correctly. California Approves Short Sale Bill By Octavio Nuiry, Staff Writer May 23, 2012 The California State Assembly has approved a bill that would prevent a lender or servicer from proceeding with a foreclosure on a home after approving a short sale in writing. Looking for Light at the End of the Foreclosure Tunnel By Daren Blomquist, RealtyTrac Vice President May 22, 2012 Last week I got a chance to stop by the studios for The Daily Ticker show produced for Yahoo! Finance and talk to host Aaron Task about the latest RealtyTrac foreclosure activity report from April. Short Sale Tsunami Possible in 2012 By Daren Blomquist, RealtyTrac Vice President May 22, 2012 Three increasingly large waves of potential short sales are rolling toward the shores of the U.S. housing market. A Shift Toward Short Sales in 2012 By Daren Blomquist, RealtyTrac Vice President May 21, 2012 In January 2012 there were more than 35,000 pre-foreclosure sales — typically short sales — nationwide, on pace for more than 105,000 pre-foreclosure sales for the first quarter. Are Mortgage Write Downs a Backdoor Bailout for Bankers? By Octavio Nuiry, Staff Writer May 21, 2012 Edward Demarco, acting Federal Housing Finance Agency director, sees the current push to force Fannie and Freddie to do principal reductions as a backdoor bailout for the nation's major banks. Foreclosures For Sale Under $50,000 By Daren Blomquist, RealtyTrac Vice President May 18, 2012 I recently took a look at how many foreclosure properties —pre-foreclosures, scheduled auctions or REOs — were listed for sale on RealtyTrac for $50,000 or less.