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shadow inventory: How Much Shadow Inventory?
- 10/08/10 01:45 AM
Recently I found myself in a discussion about real estate with a very knowledgeable real estate investor client. The subject: Shadow Inventory. A little bit on shadow inventory. Shadow inventory does not consist of foreclosures or short sales that are currently on the market, but rather potential foreclosures & short sales that will be coming on the market. Many people (including myself) believe the big banks strategically foreclose on properties and list them as bank owned homes for sale in a controlled fashion. This strategy allows for the bank to prevent another substantial plunge in real estate prices. The problem
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