subject: Short Sales Up Nationwide, Particularly in California [print this page] In 2008, when the housing market burst,throwing the US economy into the worst recession we've seen since the Great Depression, short sales were almost impossible to do. But now, with regulatory pressure on banks to clear balance sheets and lenders coming to terms with the fact that the economy is not going to recover any time soon, it's much easier for struggling homeowners to use this option to get a fresh start on their finances.
Short Sales Up Nationwide, Particularly in California
