Relevant:
- Shadow Inventory Drops below 2 Million Homes
- Delinquent Mortgages Equal to Three Times A Balanced For-Sale Inventory
- Foreclosures Continue Decline but Inventory Clearing Slowly
- Home Vacancies Fall In Cities Hardest-Hit By Foreclosures
- Home Prices Drop in 36 States; Beazer Warns on Orders; 8 Million Foreclosure-Bound Homes to Hit the Market; Prices to Stagnate for a Decade
2007-09-27 — latimes.com
"A major homebuilder warned this morning of the growing problem of "surplus inventory" as another month of weak sales of new homes left the inventory of unsold new homes at 529,000, and the total number of homes for sale in America at a staggering 5.1 million."
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