Shadow Inventory

By
Real Estate Agent with Coldwell Banker Hearthside

Definition of 'Shadow Inventory'

A term that refers to real estate properties that are either in foreclosure and have not yet been sold or homes that owners are delaying putting on the market until prices improve. Shadow inventory can create uncertainty about the best time to sell (for owners) and when a local market can expect full recovery. Also, shadow inventory typically causes reported data on housing inventory to understate the actual number of inventory in the market.

 READ MORE  http://buckscountypatoday.com/shadow-inventory/

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Topic:
Home Buying
Location:
Pennsylvania Bucks County
Tags:
foreclosures
home values
buying real estate
first time home buyers
bucks county realtor
martin millner real estate

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Ambassador
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Michelle Carr Crowe,Altas Just Call...408-252-8900!
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

We've been hearing about shadown inventory for a while, none seems to be showing up in Silicon Valley.

Mar 18, 2013 04:52 PM #1
Rainmaker
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Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

In the real estate downturn of the early 1970s...shadow inventory were homes that were being kept OFF the sales market and were being rented rather than marketed for sale...these homes were slowly released BACK into the sales market to stabilize home values

Mar 18, 2013 07:38 PM #2
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Martin Millner

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