Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 15 years ago on . Most recent reply

User Stats

660
Posts
244
Votes
Ted Harris
  • Real Estate Investor
  • Portland, OR
244
Votes |
660
Posts

The Myth of the 'Shadow Inventory'

Ted Harris
  • Real Estate Investor
  • Portland, OR
Posted

We've been hearing about this for almost three years now - I agree with article below which pts out the problem differs widely from market to market and many of these are low-end or tear down properties which won't have any bearing on mid or high-end homes. Also, inventory levels in many areas continue to shrink (miami, vegas) ....

http://www.realestatechannel.com/us-markets/residential-real-estate-1/real-estate-news-shadow-real-estate-inventory-shadow-inventory-shadow-home-inventory-delinquent-loans-home-foreclosures-bank-real-estate-owned-2808.php

Most Popular Reply

Account Closed
  • Landlord
  • Seattle, WA
1,839
Votes |
3,412
Posts
Account Closed
  • Landlord
  • Seattle, WA
Replied

Ted, the shadow market has certainly not been the problem that some thought it would be. IMO though it is still to early to know to know what is going to happen.

If the economy doesn't turn around in the near future. There will be more distressed homeowners and more properties that will go into foreclosure.

Jobs need to be created if we are going to stop the bleeding. Those still working in many cases are more likely now to hold on to what they have. Those without jobs are gong to have increasingly more trouble holding onto what they have.

IMO if the economy doesn't improve soon, more and more will try to start their own business.

Loading replies...