Short Sales by City
(Click for a larger view.)

Had to do a double take when I looked at this Cromford Report Chart showing “Distressed Sales as a Percentage of Monthly Sales” for the month of July 2011.  I was looking to see how Scottsdale was faring, and was startled to see that no short sales closed in Fountain Hills in July 2011.

Can it be true?


A Historical View of Distressed Sales: