The Ongoing Case-Shiller Fallacy/Shadow Inventory

[Rt.66]

jpinpb, Another gotcha moment? I quoted him so I answered his main question all right.

SDCeller wrote: “Pretty much what I expected. If you posted with regard to question I asked, point me to it. All I’ve heard is shadow, shadow, shadow. As I mentioned in another post, my 4 1/2 year old talks about the shadow inventory. We both believe that something is looming out there, we just have no idea where it is and when it will materialize”

I showed him where it is and….. that is when/where it is materializing. You can see it on RealtyTrac or RealQuest interctive maps and seeing it show up on record, is it materializing.

As to your question “when will they sell it”, I don’t have a crystal ball so I can’t tell you when, but I can give you a clue as to why:

http://www.bloomberg.com/apps/news?sid=aDjJYMSphyM0&pid=20601087

and see if anyone else can tell us why most of its not being sold on the MLS yet. Why should I have all the fun?

[sdrealtor]

I give! I’m on the road in the 9th inning with 2 outs and 2 strikes on the batter. There’s absolutely no way I can win this……….

[sdrealtor]

I give! I’m on the road in the 9th inning with 2 outs and 2 strikes on the batter. There’s absolutely no way I can win this……….

[sdrealtor]

I give! I’m on the road in the 9th inning with 2 outs and 2 strikes on the batter. There’s absolutely no way I can win this……….

[sdrealtor]

I give! I’m on the road in the 9th inning with 2 outs and 2 strikes on the batter. There’s absolutely no way I can win this……….

[sdrealtor]

I give! I’m on the road in the 9th inning with 2 outs and 2 strikes on the batter. There’s absolutely no way I can win this……….

[sdcellar]

Thanks, jp, that is what I’m trying to ask. That is the $64,000 (and interesting) question.

The Retuers article justinmac posted today captured the question nicely: Foreclosures being processed surged nearly 80 percent in the second quarter from a year earlier to nearly 1 million. But completed foreclosures fell nearly 10 percent to 106,007, the OCC says.

If only they provided the answer to how all it’s all being held back so effectively (or at least it appears effective). Clearly, Rt.66 has declared that an exercise left to the reader. I don’t fault him for not knowing, I’ve admitted I don’t, but he could maybe relax a little.

[sdcellar]

Thanks, jp, that is what I’m trying to ask. That is the $64,000 (and interesting) question.

The Retuers article justinmac posted today captured the question nicely: Foreclosures being processed surged nearly 80 percent in the second quarter from a year earlier to nearly 1 million. But completed foreclosures fell nearly 10 percent to 106,007, the OCC says.

If only they provided the answer to how all it’s all being held back so effectively (or at least it appears effective). Clearly, Rt.66 has declared that an exercise left to the reader. I don’t fault him for not knowing, I’ve admitted I don’t, but he could maybe relax a little.

[sdcellar]

Thanks, jp, that is what I’m trying to ask. That is the $64,000 (and interesting) question.

The Retuers article justinmac posted today captured the question nicely: Foreclosures being processed surged nearly 80 percent in the second quarter from a year earlier to nearly 1 million. But completed foreclosures fell nearly 10 percent to 106,007, the OCC says.

If only they provided the answer to how all it’s all being held back so effectively (or at least it appears effective). Clearly, Rt.66 has declared that an exercise left to the reader. I don’t fault him for not knowing, I’ve admitted I don’t, but he could maybe relax a little.

[sdcellar]

Thanks, jp, that is what I’m trying to ask. That is the $64,000 (and interesting) question.

The Retuers article justinmac posted today captured the question nicely: Foreclosures being processed surged nearly 80 percent in the second quarter from a year earlier to nearly 1 million. But completed foreclosures fell nearly 10 percent to 106,007, the OCC says.

If only they provided the answer to how all it’s all being held back so effectively (or at least it appears effective). Clearly, Rt.66 has declared that an exercise left to the reader. I don’t fault him for not knowing, I’ve admitted I don’t, but he could maybe relax a little.

[sdcellar]

Thanks, jp, that is what I’m trying to ask. That is the $64,000 (and interesting) question.

The Retuers article justinmac posted today captured the question nicely: Foreclosures being processed surged nearly 80 percent in the second quarter from a year earlier to nearly 1 million. But completed foreclosures fell nearly 10 percent to 106,007, the OCC says.

If only they provided the answer to how all it’s all being held back so effectively (or at least it appears effective). Clearly, Rt.66 has declared that an exercise left to the reader. I don’t fault him for not knowing, I’ve admitted I don’t, but he could maybe relax a little.

[sdcellar]

[quote=sdrealtor]I give! I’m on the road in the 9th inning with 2 outs and 2 strikes on the batter. There’s absolutely no way I can win this……….[/quote]Hey, the Angels rallied back (to my chagrin), why can’t you? Or, is that your point?

[sdcellar]

[quote=sdrealtor]I give! I’m on the road in the 9th inning with 2 outs and 2 strikes on the batter. There’s absolutely no way I can win this……….[/quote]Hey, the Angels rallied back (to my chagrin), why can’t you? Or, is that your point?

[sdcellar]

[quote=sdrealtor]I give! I’m on the road in the 9th inning with 2 outs and 2 strikes on the batter. There’s absolutely no way I can win this……….[/quote]Hey, the Angels rallied back (to my chagrin), why can’t you? Or, is that your point?

[sdcellar]

[quote=sdrealtor]I give! I’m on the road in the 9th inning with 2 outs and 2 strikes on the batter. There’s absolutely no way I can win this……….[/quote]Hey, the Angels rallied back (to my chagrin), why can’t you? Or, is that your point?

[Author]

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