Relevant:
- U.S. Home Prices Face Three-Year Drop as Inventory Surge Looms
- Home Vacancies Fall In Cities Hardest-Hit By Foreclosures
- Shadow Inventory Drops below 2 Million Homes
- 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.
- Foreclosures Continue Decline but Inventory Clearing Slowly
2010-09-15 — blogspot.com
"The small upward correction in home prices from multiple tax credit offerings died in July. Worse yet, inventory of homes for sale as well as shadow inventory both soared. 8 million foreclosure-bound homes have yet to hit the market according to Morgan Stanley."
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