modification: Shadow Inventory
- 09/21/10 09:09 AM
Where is the shadow inventory? WASHINGTON - Sept. 20, 2010 - For the last year, the real estate industry has been talking about shadow inventory and the coming flood of distressed properties. Where are they?Here's what's happening, according to a recent paper by Alan Mallach, a senior fellow the Brookings Institution: · Some delinquencies have been resolved through loan modifications or people working out the problems on their own.
· Banks are getting better at managing short sales.
· Investors are aggressively buying up properties, sometimes in bulk, directly from the banks or at courthouse auctions so they don't … (1 comments)
Where is the shadow inventory?
;)
;)
;)
