Thursday, March 24, 2011
State by State Estimate of Shadow Inventory : Economists' Outlook
State by State Estimate of Shadow Inventory : Economists' Outlook: "REO that is not currently on the market is added back to get the final shadow inventory estimate. Again, the REO not currently on the market is estimated based on state level share of existing sales that are foreclosures and this data comes from the NAR’s RCI."
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