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.
- North Las Vegas Crisis An Example of Why To Stop Crying, "Shadow Inventory!" - The Wall Street Examiner
- Long View of Housing Measures Says Sell
- Modified mortgages re-enter shadow inventory -- By next month the housing crisis will have cost 5,000,000 Americans their homes via foreclosures. Distressed inventory still above 5,000,000.
- Rents on the Rise: Shadow Inventory a Solution?
2012-10-20 — doctorhousingbubble.com
While we hear that there is limited shadow inventory, the FHFA goes out of their way to create a REO-to-rental program specifically designed to reduce shadow inventory. They are doing this by selling blocks of distressed homes to big money and Wall Street investors. Suddenly Wall Street is interested in landlording because the market is pushing rental rates up as the squeeze on Americans is occurring.
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