Shadow Sales ?

[sdduuuude]

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.

[jpinpb]

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

[jpinpb]

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

[jpinpb]

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

[jpinpb]

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

[jpinpb]

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

[sdduuuude]

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

[sdduuuude]

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

[sdduuuude]

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

[sdduuuude]

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

[sdduuuude]

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

[sdduuuude]

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 ?

[sdduuuude]

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 ?

[sdduuuude]

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 ?

[sdduuuude]

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 ?

[Author]

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