Even though foreclosures are down nationally foreclosures are up in Sarasota, Manatee and Charlotte counties starting last November and December. It is expected that 6 out of every 10 homes to sell this year will be a short sale or bank owned. The short sale seems to be the new trend starting to take hold; previously people were just walking away from their homes. That changed when the controversy arose concerning the judicial foreclosure process and the errors and inaccuracies that were learned of after the fact. That had slowed the foreclosure process for lenders for several months. Now the sellers are staying in the homes and assisting the banks with a short sale. It is my belief that the short sale is a much better solution for all parties. The seller usually will feel better about consummating the sale themselves instead of ending up on the street. The buyer will usually receive the home in much better condition that it would be if the bank had foreclosed and the seller took everything with them and destroying improvements along the way. They buyers are starting to learn to look for the short sales as opposed to the bank owned properties, it will cost them less in the end. The bank wins when they can reduce their costs are reduced by the costly and lengthy judicial foreclosure process.