RealtyTrac: Banks prefer short sales to foreclosures | House Keys blog

Some interesting statistics in this article related to short sale home sales vs foreclosures. Lenders obviously prefer the short sale route due to the shorter processing time, which usually results in a decreased financial risk for the lender.  Broward County still has a number of short sales being processed; 1,831 in the first quarter of 2012.  Foreclosures in Broward County are slightly lower at 1,476.

RealtyTrac: Banks prefer short sales to foreclosures | House Keys blog