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Shadow Inventory

Articles of Interest for Missoula, Montana >> Real Estate

 

The good folks over at KCM Blog touch base on one of the biggest factors that will affect our market this year and for several more.  Anyone who has spoken with me at any length has already heard the term "Shadow Inventory", and for good reason!

 
http://www.kcmblog.com/2013/01/09/shadow-inventory-and-its-impact-on-prices/
 

Here is a detailed follow up for those interested.  I would argue there is a critical 4th segment that is not discussed based on their technical definitions.  That is non-distressed home owners that are ready and willing to sell as soon as they perceive sufficient recovery. 

 

http://www.keepingcurrentmatters.com/pdf/Guide-to-Understanding-Shadow-Inventory.pdf?inf_contact_key=a027bfc100f2b6d5354c5d7be5e7e8d9aa9c6887bc9b0917a5459c1185f3f487
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