RealtyTrac (RT) UNDER reports forclosures. RT readily admits there are 600,000 REOs that are held in shadow.
Of the 7 or so REOs I track all have been empty for long periods and none, not one show up on RT or any other service, they are part of the shadow inv.
Your kidding yourself or hoping your phantom value RE will magically come back if you really believe the picture is not uglier than any source paints it.
