Random Feed wrote an interesting post today on
Here’s a quick excerpt
The shadow inventory is probably one of the most pressing issues determining the future of real estate prices. In recent weeks, mostly those with close ties to the real estate industry, have started having faith in the banking industry that somehow incompetent banks that wouldn’t know a loan modification if it bit them in the rear are going to somehow systematically pump out real estate in an orderly fashion. Really? This of course is based on their tiny subset of localized information. I’

Read the rest of this great post here