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Loan Modification

: Loan Modification & Home Loan News

Experts Concerned About Shadow Inventory

By Moe Bedard

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This “shadow inventory” of homes expected to hit the market is enough to last about 10 months, based on the average sales rate over the past decade, the Irvine, Calif., firm says. The problem is largely concentrated in Arizona, California, Florida and Nevada. The shadow inventory is equivalent to 27 months of sales in Orlando, 24 [...]

Full post as published by Loan Modification & Home Loan News on February 17, 2010 (boomark / email).

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