The shadow
inventory (homes in delinquency or foreclosure that will eventually come on the
market) keeps shrinking. But, TRULIA Chief Economist Jed Kolko says that
census data just released shows that more shadow inventory may be looming.
2013 2Q vacancy survey shows that 5.6% of all housing units are vacant.
Are the owners
waiting til prices have gone high enough to unload them? If they come on the market now… how will the
market be affected? Right now, inventory
is low so they MIGHT get a quick sale and get rid of the expenses of carrying
the property.
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