The Washington Independent

Saturday, February 11th, 2012

Posts Tagged shadow inventory

The Regions the Housing Market Recovery Might Leave Behind

By | 04.22.10 | 11:45 am

Housing sales should rise a strong 5 percent in March, housing economists say, with the rush fueled by the end-of-the-month expiry of the first time homebuyer’s tax credit. All in all, 5.3 million Americans will purchase a new home. But The Associated Press story injects a note of caution: More…

Zombie Subdivisions and Shadow Inventories Hold Back Housing Recovery

By | 08.11.09 | 9:23 am

Via Michael Shedlock, The Atlanta Journal-Constitution reviews the growing problem of zombie subdivisions, those half-built developments you often see from a highway. Developers broke ground for these subdivisions near the end of the housing boom, and abandoned them when the mortgage crisis hit and financing dried up. Now More…