S&P: $460B Shadow Inventory Will Take 41 Months to Clear

By: Carrie Bay It’s no secret that the volume of distressed residential properties is weighing heavy on U.S. housing markets and is prolonging any meaningful recovery. Of even greater concern is the industry’s growing backlog of homes thatneed to be liquidated and resold but have yet to make their way to the market – that … Continue reading S&P: $460B Shadow Inventory Will Take 41 Months to Clear