Is the Shadow Coming Out of the Darkness?

By
Real Estate Sales Representative with Keller Williams Cornerstone Realty
http://actvra.in/K6Y

Is the Shadow Coming Out of the Darkness?

 

The Shadow Knows

 

 

Only a little over a month ago we posted the following.

 

 

 


 

 

 

 

 

Only The Shadow Knows!

 

 

 

In that post we cited some reliable sources as predicting that the shadow inventory was not the threat that some have predicted. Now we are starting to wonder.

 

Ocala & Marion County foreclosure inventory listed in the Multiple Listing System has increased by over 20% in the last 45 days. It is now the highest it has been in almost 18 months.

 

The Shadow

Is this the banks finally unloading the shadow inventory? Or is this the banks responding to the reduction of inventory and increasing prices that is occuring in most of the country.  Do the banks think now is the time to unload?

 

Will the banks sabotage the fragile recovery in the real estate market?

 

Posted by

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Tags:
foreclosures
real estate market trends
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only the shadow knows

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Rainmaker
313,177
Frank Laisch
Stewart Title Company - Tampa, FL
"The Insurance Guy"

Bob, love the video!  great questions. From what I hear, they will be unloading much more inventory in the next few months. Will it hurt the fragile recovery? I think it may weaken it a bit...

Oct 16, 2012 04:13 AM #1
Rainmaker
646,444
Stephanie/Bob The Ruiz/Miller Team
Keller Williams Cornerstone Realty - Ocala, FL
The Ocala Dream Team

Thanks Frank, let's hope not too much.  We can't take much more! lol

Oct 16, 2012 05:30 AM #2
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Rainmaker
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Stephanie/Bob The Ruiz/Miller Team

The Ocala Dream Team
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