Welcome to the Vitus Capital Blog!
Notes to myself, possibly of interest to others.
-- Bill Northlich

Monday, January 4, 2010

Shadow Housing Inventory

Remember the term “shadow inventory”? Well, in San Diego there are 7,964 houses listed for sale, 19,453 in foreclosure but not listed for sale, and 4,072 pending short sales. That works out to a 240% shadow inventory.

---CKMichaelson, Some Assembly Required, 1/4

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