{"id":194846,"date":"2008-08-14T17:37:00","date_gmt":"2008-08-14T22:37:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/08\/14\/shadow-inventory\/"},"modified":"2008-08-14T17:37:00","modified_gmt":"2008-08-14T22:37:00","slug":"shadow-inventory","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/08\/14\/shadow-inventory\/","title":{"rendered":"Shadow Inventory"},"content":{"rendered":"
Oh<\/span>
My<\/span>
God<\/span><\/span><\/div>\n

Shadow inventory are houses available but not listed in the MLS system.<\/p>\n

Most often, these are REO (Real Estate Owned, foreclosures and such), and the Sacramento Real Estate Statistics blog<\/a> has some numbers on a few markets.
<\/o:p><\/p>\n

<\/o:p><\/p>\n\n\n\n\n\n\n\n\n
\n

City<\/o:p><\/b><\/p>\n<\/td>\n

\n

MLS Listings<\/o:p><\/b><\/p>\n<\/td>\n

\n

Foreclosure Inventory<\/o:p><\/b><\/p>\n<\/td>\n

\n

% of Listings<\/o:p><\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Sacramento<\/b><\/st1:place><\/st1:city><\/o:p><\/b><\/p>\n<\/td>\n

\n

14,913<\/p>\n<\/td>\n

\n

31,219<\/p>\n<\/td>\n

\n

209%<\/p>\n<\/td>\n<\/tr>\n

\n

San Francisco<\/b><\/st1:place><\/st1:city><\/o:p><\/b><\/p>\n<\/td>\n

\n

18,647<\/p>\n<\/td>\n

\n

35,402<\/p>\n<\/td>\n

\n

190%<\/p>\n<\/td>\n<\/tr>\n

\n

Inland Empire<\/b><\/st1:place><\/o:p><\/b><\/p>\n<\/td>\n

\n

45,490<\/p>\n<\/td>\n

\n

82,114<\/p>\n<\/td>\n

\n

181%<\/p>\n<\/td>\n<\/tr>\n

\n

San Diego<\/b><\/st1:place><\/st1:city><\/o:p><\/b><\/p>\n<\/td>\n

\n

18,771<\/p>\n<\/td>\n

\n

31,168<\/p>\n<\/td>\n

\n

166%<\/p>\n<\/td>\n<\/tr>\n

\n

Los Angeles<\/b><\/st1:place><\/st1:city><\/o:p><\/b><\/p>\n<\/td>\n

\n

62,379<\/p>\n<\/td>\n

\n

88,843<\/p>\n<\/td>\n

\n

142%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/o:p><\/p>\n

So the massive inventory out there, might account for less than half of all the houses actually on the market.<\/p>\n

Time to freak out?<\/p>\n","protected":false},"excerpt":{"rendered":"

OhMyGod Shadow inventory are houses available but not listed in the MLS system. Most often, these are REO (Real Estate Owned, foreclosures and such), and the Sacramento Real Estate Statistics blog has some numbers on a few markets. City MLS Listings Foreclosure Inventory % of Listings Sacramento 14,913 31,219 209% San Francisco 18,647 35,402 190% …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1261,1265,1088],"tags":[],"class_list":["post-194846","post","type-post","status-publish","format-standard","hentry","category-bubble","category-housing-crash","category-real-estate"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/194846"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=194846"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/194846\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=194846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=194846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=194846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}