Inman AM: Part 2: 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 » Monday, April 19, 2010 Part 2: Sizing up the 'shadow inventory' By MATT CARTER While there's mounting evidence that an economic recovery is under way and picking up steam, there's still no escaping the reality that roughly 7 million U.S. homeowners are either behind on their mortgages or in the foreclosure process. If you consider nearly all of those homes to be "shadow inventory" -- as analysts who track the performance of mortgage-backed securities did in one report last year -- it's difficult to imagine that there's not more turmoil ahead in some housing markets. More » A shorter wait to buy after deliquency Fannie Mae offers carrot for deed-in-lieu of foreclosure The failure of 'too big to fail' Part 3: Preventing another crisis Agents: Give clients freedom of choice Letter to the Editor OTHER TOP STORIES Economic cheerleading is misleading Short-sale killer: 'arm's-length' rule Pay attention to home inspection Who finds homes: agents or clients? Latest News »	ADVERTISEMENT Brokers/Owners: Free webinar! Wednesday April 28th, 10 AM (PDT) Internet Marketing for Brokers: Converting Online Traffic Into Sales (Sponsored by: Market Leader). In this webinar, you will learn the valuable tips and techniques you need to master for your brokerage to thrive on the Internet. Register today! NOTABLE QUOTE "You're not likely to see the banks accelerate foreclosure proceedings and rush stuff to the market. They couldn't handle the losses." --Rick Sharga MOST E-MAILED Agent scripts pack marketing punch The short-sale wrinkle Adapting to Gen X, Y clients
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