Deep Thoughts About "Shadow" Inventory in the Las Vegas - Henderson Area
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
While I am seeing no end in sight with so many upside down properties, I don't see "shadow" inventory being dumped on the market. While we sit in the middle of "moratorium" and "slow" season, here is what *I SEE* is going on: Inventory climbed slightly in November and now dropped slightly (I pull numbers officially on the 15th.) Pendings have dropped tremendously since November BUT so far December's closings are telling me that there will be more closings (Christmas presents) in December than November! Where is that pesky Shadow Inventory or the "Big Dump" banks will be taking that people (Realtors, Servicing Companies, Financial Planners, Wallstreet Gurus, etc) have been promising since last spring?? Should we have a recap? Yes I say we shall! Rentals: Fannie and Freddie have Rentb...
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