Shadow inventory, schmadow inventory

shadow inventoryShadow inventory — How much? When will it hit? What impact will it have? — used to be the talk of the local real estate world.

Today, no so much. Check out this Reno Gazette-Journal in-depth look at the current state of “shadow inventory” in the Reno-Sparks housing market: Taking inventory: What ever happened to Reno’s shadow housing market?

From the story:

“There was always this whole concern that banks were holding on to (distressed) inventory,” Bonnenfant said. “But the whole issue and hype surrounding shadow inventory never really came into play.”

1 comment

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    Ray Hancock

    There is alot but the banks are trickling it out to keep the prices up.

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