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Â If someone walks by an abandoned home, throws a rock. of the shadow inventory that remains, and how much backlog do you believe has been created as a result of judicial and regulatory pressure on.
Shadow Inventory in the D.C. Area Much of the discussion of the housing recovery has centered on the idea of a "shadow inventory of homes," those that are in serious delinquency or foreclosure and therefore are likely soon to be bank-owned. The shadow inventory is important because it is part of the excess
"These numbers are at rock-bottom by historical. Roughly 1.2 million homes will be foreclosed upon this year, according to foreclosure tracker RealtyTrac Inc., and an additional 1.7 million homes.
Five years and 16 million foreclosures after the 2008 housing crash. A National Association of Realtors (NAR) report in October showed a 5.4 months’ inventory of homes for sale at the current pace,
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The shadow inventory however is slightly different from the inventory just described above. The shadow inventory can best be defined as the homes that are very likely to be up for sale soon but are not right now. A majority of these homes that make the shadow inventory are homes that have been foreclosed.
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