Relevant:
- Economist Forecasts 20 Percent Further Drop in Housing Prices
- Housing Remains in Deep Slump as Consumers Stay on the Sidelines
- California has nearly 9 years of housing supply counting shadow inventory
- 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.
- Shadow inventory improves but still threatens housing recovery
2010-04-19 — dsnews.com
"Although housing is beginning to stabilize, excess inventory and shadow supply may hinder continued recovery, according to the April 2010 Economic Outlook released Monday by Fannie’s Mae’s Economics & Mortgage Market Analysis Group."
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