Shadow Inventory on the Decline

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<http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i
d=3b537e91da&e=ebe71b748c> Industry's Shadow Inventory of Distressed Homes
Shrinks


Housing has become an industry afraid of its shadows. That shadow inventory
of repossessed and soon-to-be repossessed homes has professionals from every
side of the business worried about the impact such a sizeable volume of
distress will have on property values and overall market fundamentals. But
according to Standard & Poor's, the obscurity hiding in the corner is
getting smaller. The agency's current estimate of time-to-clear the market's
distress is 47 months. That represents a five-month decline from its
first-quarter estimate.
<http://dsnews.us1.list-manage1.com/track/click?u=59816bad6939d5a7dd87e45a5&
id=cf6bb2cd5c&e=ebe71b748c> > Read More

-sunil


SUNIL SETHI REAL ESTATE

Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive)
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536
Cell 510 388 2436 / Fax 510 431 9046

<http://www.sunilsethi.com/> www.sunilsethi.com

CA DRE#: 01173766

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