Foreclosure and short sales made up a smaller percentage of all home sales during the month of June according to the most recent report from the National Association of Realtors. Market share of these property sales has also decreased, posting numbers of 40 percent in March, 37 percent in April, 31 percent in May and finally hitting a low at 30 percent in June.
However overall sales volume dipped and existing home sales have dropped, too. Home sales are on pace to reach 4.77 million in 2011, an event that would mark the 4th year out of 5 where overall sales volume have declined.
If you are facing a Florida Foreclosure lawsuit and want to explore your foreclosure alternative options such as a short sale, contact a Jacksonville Foreclosure Defense lawyer today for a complimentary case review.
