Economists fret over shadow inventory's effect on housing

07/8/2009 | National Public Radio

Economists are worried that the shadow inventory may slow the housing recovery. The shadow inventory is homes that will be listed in the coming months and join the 3.5 million houses already listed. As the shadow inventory "bleeds into the market over time, it continues to put downward pressure on prices," said Stan Humphries, chief economist for Zillow.

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