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Beware of Shadow Inventory! - 10/01/10 11:40 PM
Think that the Recession is over! Think again! This post demonstrates the depth and longevity of what is to come. Real Estate can be your investment opportunity still; if you buy wisely and take advantage of historically low rates. The possible four years of shadow inventory means our jobs as Real Estate Practitioners will still be a challenge for several years to come. Via Karen Rittenhouse (Triad Residential Solutions): Beware of Shadow Inventory! Big announcement today: There is still approximately $460 billion dollars worth of shadow inventory (inventory the banks have taken back but not yet put out on the market). Wow, who
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Jerry Morse, BBA,GRI
Janesville,
WI
More about me
The Morse Company
Address: 1341 N. Wright Road, Janesville, WI, 53546
Office Phone: (608) 754-5300
Cell Phone: (608) 436-6858
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