What Is Lurking In The Shadow Inventory Of Homes |
Posted at Tallahassee Housing News by Joe Manausa
Jul. 2, 2009
If you read the most recent Tallahassee Real Estate Newsletter, then you will know a little about the supply of homes that we know exists that are not currently on the market. This “shadow inventory” is the growing number of homes that were once on the market and failed to sell, or are the homes that we know are currently distressed properties but are yet to hit the market as short sales or foreclosures.
One way that we can monitor the shadow inventory is to track home mortgage loan defaults and delinquencies, and thanks to Tallahassee Real Estate Blog Reader “Doug,” we have a site that will give us some of this surprising information.
[click to read how shadow inventory is going to affect the Tallahassee Housing Market…]

