Another short sale offer falls through

A short sale Kensington with a 2 story guest house, that was under contract, has just come back on the market. The home was under contract back in September, then again in October.

The home has been on the market now for a total of 229 days.

I am sure this is tough on the seller to have 2 buyers back out, walk away or be turned down, but this is the state of short sales today. I have found that it is usually because the banks are so slow in making and/or reporting ANY progress on a file to the parties involved that many buyers just move on...The banks are either understaffed, innefficient, unmotivated or stalling until the President gives them some more of our tax dollars. It should be clear that it is a fiscally more prudent decision to short sell an occupied home than to try to forclose on and sell a home that may become vacant  and be vacant for months. One can only hope...