Relevant:
- Lords of the shadow inventory -- over 3 million homes locked away in shadow inventory near peak levels. Prices must fall to prevent massive drawn out drag to economy.
- Spanish "Ghost Towns", Shadow Inventory, Cooked Books; Spain's 2011 Real Estate Funding Crisis
- Housing bust: have lenders have learned their lesson?
- Realtors Forecast End of Falling Prices While Inventory For-Sale Approaches Peak Crash Levels
- Fannie, Freddie, FHA REO Inventory Increases 13% in Q2 from Q1 2010
2010-06-22 — housingwire.com
"The amount of REO inventory held by lenders is expected to peak in August 2011 at 545,000 properties, according to analysts at Barclays Capital."
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