Short Sales Make Up 20% of Sacramento County Inventory

Posted by John Lockwood on February 21st, 2007

The California Association of Realtors® web site recently alerted me to USA Today’s report that claims that 20% of all homes for sale in Sacramento County are short sales. I’ve been meaning to do some research of my own into those numbers, since I’ve been seeing quite a few short sales and REOs (”Real Estate Owned” — another word for bank repo, where the bank has already obtained the home through foreclosure).