Short sales in a falling market

[John Williams]

A couple Q's for you pros on here...

Here in Utah foreclosures and short sale numbers are booming, not as badly as AZ and FL but bad.

Utahs market is expected to bottom around 2011, a bit later than other parts of the nation. Prices are expected to drop 30%+

Is it possible to do SS flips in a local market like this?

If it takes 4 months to make a deal happen and prices are falling all the while is that gonna make it harder?

Thanks in advance,

John