The Waiting Game – REO Shadow Inventory

“The vast majority of repossessed Portland-area homes aren’t up for sale. Instead, more than 80 percent of them are off the market, many vacant and developing maintenance problems that might ultimately take a toll on their resale value if and when they do sell.”     click here to see the article

Map of Portland shadow inventory by zip

2012 1st Quarter Distressed Residential Properties

click here to see the market trends in your area