Relevant:
- Lenders Slow Foreclosures By 5% in 2010, Boosting Shadow Inventory: RealtyTrac
- U.S. ‘Shadow Inventory' Shrinks as Foreclosed Homes Sell, CoreLogic Says
- Foreclosure sales continue to dominate Cowlitz County housing market
- U.S. Housing Market Double-Dip Unlikely Next Year, Wharton's Wachter Says
- Excess Inventory May Impede Housing Recovery: Fannie Mae
2009-01-08 — bloomberg.com
“We’re creating a shadow inventory of homes that will be right back on the market as soon as the economy and the housing market begin to improve,†said Stiglitz, a Columbia University professor of economics. “We could see a double-dip in the housing recession if that happens.â€What seems more likely is simply a prolonged bottom.
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