Relevant:
- U.S. ‘Shadow Inventory' Shrinks as Foreclosed Homes Sell, CoreLogic Says
- 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.
- Shadow Inventory Drops below 2 Million Homes
- shadow inventory rises 10 percent
- Supply of 'shadow' homes declines again
2011-04-01 — mortgagenewsdaily.com
"..., two studies, one conducted by the National Association of Realtors® and the other released by CoreLogic, follow different methodology but arrive at similar conclusions: shadow inventory is substantial, it will take a long time to clear it out, home prices will be pressured downward and it will strain the economy."
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