[quote=jimg111]Since I’ve posted in the past about the shadow inventory I’ll give the latest. Contacts at our banks are indicating a significant release starting June 1, whether this will actually happen or not we will have to wait and see. Since late last year the assignments have trickled in at about 5-8 a month(last summer was 25-30 a month), in the last 3 days we have received 5 new properties. I don’t know if this is the beginning or not but I sure hope so. Of course Obama could wave his hand and make the right to foreclosure and evict illegal tomorrow.[/quote]
Jim,
Do you have any update on new inventory coming online? It’s been a month since the “significant release starting” date. Just wondering if this is still truly the case?
