Almost 2.6million of Shadow Inventory To Be Resolved.

 

For the past few years, we have been hearing that the pile up of foreclosed shadow inventory is to hit the market. We have been waiting.  If all the inventory hits the market at once, it will drive the prices of the homes even lower and actually create more foreclosures, as many of the sellers will not be able to sell at lower prices, as their loan amounts are already higher than the home values!

 

By reducing the amount of shadow inventory flooding the market, it give the traditional seller more chance to sell their homes at already low prices.

 

Here is also a glimpse of what is happening to the so called Shadow Inventory:

 

 

Show Inventory Reduction Plan

 

If the foreclosure inventory stay low on the market, the better the chances are for the traditional home sellers to sell their home. Keeping the shadow inventory of the market also delays or stops the homes from falling further.

 

Here's to a turnaround in the market.! 

 

 

Mahesh Mike Patel    Prudential Ca Realty   714.470.8600   mikepatel@sbcglobal.net 

www.MikePatel.com     www.MyAreaHomesForSale.com   Facebook connect!

 

               

 

 

 
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Mahesh Mike Patel - Search Anaheim Homes -For Sale Anaheim Anaheim Hills Ca

Mike Patel

Anaheim Hills, CA

More about me…

Prudential California Realty

Address: 181 S Old Springs Rd, Anaheim Hills, CA, 92808

Office Phone: (714) 279-3438

Cell Phone: (714) 470-8600

Email Me

We work with both buyers and sellers. Our experience includes Traditional Sales, Short Sales, bank owned sales and investment sales. We have over 15 years of Experience and Results. Certified Short Sales Expert, CDPE



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