These charts show the percentage of sales that are short sales, Bank foreclosures (REO’s) and non distressed sales. 

In the past three months Suffolk county is showing the greatest changes in it’s percentages with REO sales increasing and short sales dropping off. I am wondering if the drop off of short sales going to contract has anything to do with the difficulties of negotiating a short sale, I have hearing that more and more buyers are shying away from them for this reason.

I don’t see any real change Nassau, so I will let the chart speak for it’s self.

Queens county also has not see any real change in the past three months.