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  • September 2, 2009 at 7:38 AM #16286
    sdduuuude
    Participant

    So, there’s lots of talk about shadow inventory. Many suspect it is there and anticipate that it will come out of the shadows at some point.

    But, what if there are shadow sales taking that inventory off the market before it even hits the market? I have never seen anyone mention shadow sales before, so, by golly, I think I coined a new term.

    A poster in one of Rich’s articles mentioned large investors buying REO properties from banks in bulk. This is a great example of shadow sales. Pocket sales are also shadow sales. I think sales of new properties sold by the builders could also be considered shadow sales. Seedy short sales to a fried may also count. And, when you are about to foreclose but your mom decides to help you with your house payment, maybe that even counts, too.

    Anyone see any merit to this concept? Any other examples ?

    So, I wonder what the months of shadow inventory is ?

    Only the shadow knows.

    September 2, 2009 at 7:48 AM #451772
    jpinpb
    Participant

    Wouldn’t most of the sales you mentioned still be recorded down at the county?

    September 2, 2009 at 7:48 AM #452307
    jpinpb
    Participant

    Wouldn’t most of the sales you mentioned still be recorded down at the county?

    September 2, 2009 at 7:48 AM #451967
    jpinpb
    Participant

    Wouldn’t most of the sales you mentioned still be recorded down at the county?

    September 2, 2009 at 7:48 AM #452570
    jpinpb
    Participant

    Wouldn’t most of the sales you mentioned still be recorded down at the county?

    September 2, 2009 at 7:48 AM #452381
    jpinpb
    Participant

    Wouldn’t most of the sales you mentioned still be recorded down at the county?

    September 2, 2009 at 7:59 AM #452391
    sdduuuude
    Participant

    Has anyone used the public sales records to prove the existence of these large institutional buyers ?

    September 2, 2009 at 7:59 AM #451782
    sdduuuude
    Participant

    Has anyone used the public sales records to prove the existence of these large institutional buyers ?

    September 2, 2009 at 7:59 AM #451977
    sdduuuude
    Participant

    Has anyone used the public sales records to prove the existence of these large institutional buyers ?

    September 2, 2009 at 7:59 AM #452317
    sdduuuude
    Participant

    Has anyone used the public sales records to prove the existence of these large institutional buyers ?

    September 2, 2009 at 7:59 AM #452580
    sdduuuude
    Participant

    Has anyone used the public sales records to prove the existence of these large institutional buyers ?

    September 2, 2009 at 8:00 AM #452386
    sdduuuude
    Participant

    Sure, but aren’t sales figures taken from the MLS or does Data Quick go right to the county records and count them by hand ?

    September 2, 2009 at 8:00 AM #452575
    sdduuuude
    Participant

    Sure, but aren’t sales figures taken from the MLS or does Data Quick go right to the county records and count them by hand ?

    September 2, 2009 at 8:00 AM #451777
    sdduuuude
    Participant

    Sure, but aren’t sales figures taken from the MLS or does Data Quick go right to the county records and count them by hand ?

    September 2, 2009 at 8:00 AM #451972
    sdduuuude
    Participant

    Sure, but aren’t sales figures taken from the MLS or does Data Quick go right to the county records and count them by hand ?

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