Relevant:
- North Las Vegas Crisis An Example of Why To Stop Crying, "Shadow Inventory!" - The Wall Street Examiner
- 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.
- One House From The Shadow Inventory [And Company]
- "Shadow" & "Ghost" Inventory / Negative & "Effective" Negative Equity...The Real Challenges for US Housing
- The mid-tier correction in California housing -- Burbank California shadow inventory three times the size of non-distressed MLS inventory.
2011-06-08 — ml-explode.com
``Listing prices rose again in May and the gains, while seasonally normal, are much stronger than they were last year... The shadow inventory problem is overexposed and overstated as a negative influence on future price trends, but underrated as a problem for the banks. Much of the shadow inventory is economically and functionally obsolete, is located in specific areas that will never recover, at least for the foreseeable future, and will therefore have no impact on the vast majority of markets.''
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