Inman AM: Part 1: Sizing up the 'shadow inventory'

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ADVERTISEMENT ATTENTION BROKERS: CUT COSTS when you stop wasting money on ads that don't work. 87% of buyers look for homes online, so lock them up as active prospects for your agents. SEE HOW WITH REALTYGENERATOR TODAY'S TOP STORIES = Premium Member News- Join Now » Friday, April 16, 2010 Part 1: Sizing up the 'shadow inventory' By MATT CARTER There are lingering fears that the fragile recovery under way in many housing markets could be derailed by a "shadow inventory" of homes that have either been repossessed by lenders, are in foreclosure, or whose owners are behind on their loans. An estimated 7 million homeowners are currently behind on their loans or in the foreclosure process -- roughly double the number two years ago. More » 4 downsides to part-ownership Fractional real estate can be a poor investment HomeAway launches real estate portal Site has more than 238,000 vacation-home listings How credible is Case-Shiller to NYC? From The Real Deal OTHER TOP STORIES The end of the tax credit When the auction gavel isn't final When less is (worth) more Condo dweller rebels over lack of light Latest News » NOTABLE QUOTE " 'What? Pick up the phone and call?' 'E-mail them?' Gen X and Gen Y believe that e-mail is for 'old people.' Furthermore, they don't talk on the phone." --Bernice Ross	ADVERTISEMENT Never put a buyer in your car again. Here's how to make them do all the work to find the home they'll buy, despite the fact that they will happily pay you upfront for your services....Continued MOST COMMENTS How to be a 'Brand New Broker' Agents are hungry for training VIDEO: Inspections 'for informational purposes'
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