Add 2011 Should Be A Fun Year Function With In Real Estate! Really

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The answer may lie in distressed sales. In Q1 of 2009, only one (or 10.5%) of those sales was because of a short sale or foreclosure. In most recent quarter, distressed sales made up 43% (or 3) on the transactions. Aliso Viejo Luxury Homes last year sat sold in the market for about 6 months and only yielded 85% of first asking payment. It would appear that aggressive pricing triggered an increase of distressed sales, which inturn.improved the market? Might it be? Price per square foot is up and time on industry is down, in spite of the complete regarding financing options at this level. The three distressed sales last quarter yielded 103% of asking price, only sat on the market for 22 days, and sold at $261/sf.