Tuesday, March 6, 2012

InfoGraphicShadow Inventory levels for each state.

InfoGraphic Attention Readers: At the end of last year, we posted a graphic showing Shadow Inventory levels for each state. This graphic is a much more accurate measure.

Neal... What the heck is Shadow Inventory? Read on- DOWNERS GROVE Real Estate

Definition of 'Shadow Inventory'

A term that refers to real estate properties that are either in foreclosure and have not yet been sold or homes that owners are delaying putting on the market until prices improve. Shadow inventory can create uncertainty about the best time to sell (for owners) and when a local market can expect full recovery. Also, shadow inventory typically causes reported data on housing inventory to understate the actual number of inventory in the market.

Read more: http://www.investopedia.com/terms/s/shadow-inventory.asp#ixzz1oP0hJiOt
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1 comment:

  1. AnonymousMarch 17, 2012 at 4:09 AM

    Estero Homes
    Buyers in the market for luxury high-rises maybe surprised to learn that they are usually sold as basic shells described as "decorator ready". Typically the condos are nothing more than blank slates without flooring, cabinetry or appliances.

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