One of the contentious issues between housing bulls and bears is the existence of shadow inventory. Many bulls deny this inventory exists, and those that acknowledge it deny its impact. Many bears claim this inventory is much larger than reported, and some claim it will be unleashed on an unsuspecting public leading to catastrophic price declines.
- If You’re Worried About The Housing Recovery, Here’s What You Need To Watch (businessinsider.com)
- Existing Home Inventory is up 15.5% year-to-date on June 10th (calculatedriskblog.com)