Where’s the Foreclosure Flood?

Hey... I was up early this morning and when I’m tired, sometimes a picture is easier to process than words.

You’re going to want to take a quick peak at the chart and short article in the link below.

For awhile now, we’ve been reading about “shadow inventory” with some saying that the next wave will be significant and other observers disagreeing –– some even suggesting that there’s no shadow inventory.

This article takes a middle-of-the-road approach, but it’s still worth checking out.

See the WSJ

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