My experience doing short sales is either paying off, or the process is getting easier! My latest transaction was assigned a negotiator, appraised, and ready for submission within 5 days of submitting the offer! That's fast. Too date the quickest too close was a short sale with Suntrust, that closed in less than 30 days.
Hopefully, the inventory will continue to drop, as it has been doing. In some key neighborhoods, the inventory is down half from a year ago. Less inventory will lead to price stability, which will level out the market.