Mar 28, 2011 2:02PM Reform of the nation's housing system is picking up steam, with one regulatory agency set to vote on risk retention exemptions on Tuesday, multiple hearings about the future face of housing underway on Capitol Hill, and the administration on record with its broad outline for change. But, with everything else going on at home and abroad there has been very little media attention to the topic and reform could very well come to public attention as an accomplished fact. There are however stakeholders... Mar 28, 2011 10:54AM The National Association of Realtors'® (NAR) have taken a stab at estimating just how wide and deep the much discussed " shadow inventory " of housing may actually be. Shadow inventory is generally described as the number of homes in bank inventory waiting to be sold plus the homes in that have been foreclosed but for a variety of reasons (redemption periods, marketing or legal reasons) are being held off the market and homes where the mortgages are delinquent and are likely to eventually be...
 |