[quote=jpinpb]Jim’s got some info on shadow inventory[/quote]
Very interesting. MM seems to have the highest phantom foreclosure. In March, 50 property closed escrow, so right now, w/out the phantom inventory, there’s 2.5 month supply, assuming none of the short sale have offer. So, the phantom inventory amounts to ~4 months of supply. So, that’s ~6.5 months of supply total. What is considered normal for months of supply?
