Is that because the short sales are being sold off; or are they dropping into REO; or are the number of non-short-sale active listing increasing?
Can you post the numbers you've used to calculate the ratio starting in Jan 2008? Thanx
.
Unfortunately, my short sale revelation which led me to tracking the numbers in only accurate for the last 3 months:
<table width="75%" border="1" cellpadding="5">
<tr>
<td><strong>Destin Single Family Homes</strong></td>
<td><strong>Total Active Listings</strong></td>
<td><strong>Disclosed Short Sales</strong></td>
<td><strong>%</strong></td>
</tr>
<tr>
<td><strong>April 8</strong></td>
<td>1048</td>
<td>74</td>
<td>.07</td>
</tr>
<tr>
<td><strong>May 13</strong></td>
<td>1065</td>
<td>73</td>
<td>.068</td>
</tr>
<tr>
<td><strong>June 4</strong></td>
<td>1047</td>
<td>70</td>
<td>.067</td>
</tr>
</table>