The State of the Market and Shadow Inventory
The “shadow inventory” describe the speculated future of the real estate market; what the forecasters expect to see enter in the months ahead. The shadow inventory consists typically of homes in serious delinquency or beginning stages of foreclosure but are not yet listed in the MLS and not part of the mix of homes currently available. However, these ”homes coming on the market in the near future means increased supply and lower prices.” Read more on how to price your home now in Shorewest’s quarterly newsletter
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Posted by:
Deborah Benavides
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