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.”

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About Guy Johnson

I am a licensed Nevada REALTOR® (lic.# S.0075262.LLC) living and working in fabulous Reno, Nevada. I cover Reno, Sparks, Incline Village, Carson City, and beyond. Give me a call at 775-722-4011 and I will be happy to assist you with your real estate needs. I'm your Guy!
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