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Really? No short sales in Fountain Hills

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: