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.
- Housing and Oil: Dark Inventory Rules
- North Las Vegas Crisis An Example of Why To Stop Crying, "Shadow Inventory!" - The Wall Street Examiner
- U.S. ‘Shadow Inventory' Shrinks as Foreclosed Homes Sell, CoreLogic Says
- Home Vacancies Fall In Cities Hardest-Hit By Foreclosures
2010-12-20 — blogspot.com
``A flood of inventory awaits a dearth of buyers. Moreover, a huge amount of shadow-inventory is waiting on deck, hoping for better prices so the owners can bail. Unfortunately there is no one to bail to. Spain's official unemployment rate is 20%, and it's quite likely the real unemployment rate is higher.''
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