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'Shadow REO': As Many as 90% of Foreclosed Properties Held Off the Market
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02-02-2013 11:09 PM
This is why housing inventory is so tight all across the nation. Everyone is falling for their tricks. We have much more downside to home prices coming.
Re: 'Shadow REO': As Many as 90% of Foreclosed Properties Held Off the Market
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02-03-2013 03:03 PM
390K is a small number even they were all released this summer.
Re: 'Shadow REO': As Many as 90% of Foreclosed Properties Held Off the Market
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02-04-2013 11:43 AM
From the link "Posted Jul 13th 2012 10:00AM"
Anything from 2011 or perhaps 2010 to make your day?
Re: 'Shadow REO': As Many as 90% of Foreclosed Properties Held Off the Market
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02-04-2013 01:45 PM
there is no significant amounts of shadow inventory coming up. It was all bought up by hedge funds and investors in large numbers before it ever hit the market.
Re: 'Shadow REO': As Many as 90% of Foreclosed Properties Held Off the Market
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02-04-2013 04:48 PM
"Shadow inventory" has been the primary fodder of doom & gloom bloggers for the past 5 years, as they've continuously warned us of that impending Tsunami of foreclosures just over the horizon.
They never appeared, and likely never will - not to any extent that would adversely affect our local market.
Bob Phillips - Realty ONE Group - South Orange County, CA
Re: 'Shadow REO': As Many as 90% of Foreclosed Properties Held Off the Market
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02-04-2013 08:15 PM
While the tsunami does not exist, shadow inventory does.
Re: 'Shadow REO': As Many as 90% of Foreclosed Properties Held Off the Market
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02-04-2013 09:38 PM
"These battles sound incredible to us. I think that posterity will doubt if such things ever were,--if our bold ancestors who settled this land were not struggling rather with the forest shadows, and not with a copper-colored race of men. They were vapors, fever and ague of the unsettled woods. Now, only a few arrowheads are turned up by the plow. In the Pelasgic, the Etruscan, or the British story, there is nothing so shadowy and unreal."
Henry David Thoreau
Bob Phillips - Realty ONE Group - South Orange County, CA
Re: 'Shadow REO': As Many as 90% of Foreclosed Properties Held Off the Market
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02-04-2013 10:45 PM
Oh my... Thoreau. We're now going transcendental???
David Stockman's take on Bubble v2.0...
http://finance.yahoo.com/blogs/daily-ticker/housin
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02-04-2013 11:12 PM



