In today's weekly update from MARR the came the following quote "Foreclosures are being sold roughly three times more frequently than short sales, thus the inventory of available foreclosures is dropping more quickly than short sales." I believe that buyer's are accepting foreclosures in order to meet the tax credit deadline that is quickly approaching. Buyer's should really look at what they are saving as many short sales are in good condition with seller's who have been maintaining their homes. The $8000 in tax credit can go quickly when you start adding up the deferred maintainance many of the foreclosures really need. Also remember some of the traditional seller's are really pricing their homes competitively to attract buyers. This can be the best value yet as these seller's have prepared their homes for sale and can work with a buyer easier than a bank negotiated sale.