• English
  • Español
AGENTS: Did you know you can share a personalized version of this post? Learn more!

Shadow Inventory Shrinking

Shadow Inventory Shrinking

The amount of shadow inventory has been shrinking significantly over the last two years. Here is a chart showing how the amount of distressed properties (foreclosures and short sales) grew and then fell off over the last several years.

Distressed Properties

It is also important to realize that certain parts of the country took much longer to bring their distressed properties to market because of the judicial process required of the banks before they could foreclose on a property. These ‘judicial’ states still have some work to do before they are entirely out of the woods.

Here is a map showing the number of months it will take to clear that state’s inventory of distressed properties.

Distressed Properties by State


Members: Sign in now to set up your Personalized Posts & start sharing today!

Not a Member Yet? Click Here to learn more about KCM’s newest feature, Personalized Posts.

2 replies
  1. Jim McKenna
    Jim McKenna says:

    Great way to start the week with a KCM Real Estate Update….. I will be sending you Monday Blog to ~ 400 customers/clients each Monday…. Keep them coming. THANKS The Jim’s

    Reply
    • Kevin Miller
      Kevin Miller says:

      Jim,

      As a word of warning, these KCM Update posts are restricted to KCM Members Only. You have to be logged into the website in order to see them. If you were to share the link with someone not logged in to the KCM Member Area, they unfortunately would not see the article.

      We are, however, developing a solution which should be available within the next 60 days that would allow you to not only share these protected posts, but also include your personal contact information as well, so be on the lookout! Let me know if you have any questions or concerns!

      Reply

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *