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March 26, 2014

Short-Sale Timeline Spikes by Almost 31 Percent

By Brandon Ivey

The extended time on market for short sales does not appear to be due to a lack of demand, as short sales completed in February averaged 3.1 offers, based on a three-month moving average.

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Poll

With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

75% or higher

48%

50% to 74%

24%

30% to 49%

14%

Under 30%

14%