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>A ‘shadow inventory’ of foreclosed homes dampens winter market

>A ‘shadow inventory’ of foreclosed homes dampens winter market

New statistics provide a glum holiday-time snapshot of the real estate market: shrunken sales pace, bloated inventory and a “shadow inventory” of foreclosed homes looming menacingly in the background. (Martin, The New York Times)

https://www.nytimes.com/2010/12/12/realestate/12njzo.html

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