From Philly.com
"As the real estate downturn searches for the escape pod that will carry it to upturn, so-called short sales, which might help, are not living up to their name.
A short sale now takes 306 days from start to finish, compared with 113 days in 2006, according to RealtyTrac, the Irvine, Calif., firm that tracks distressed-housing data nationally. By comparison, foreclosures take an average of 186 days after the initial documents are filed, compared with 178 days in 2006."
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