Quote Originally Posted by Zeus View Post
Actually Local ,state and National Association of Realtors are an invaluable source of information for gauging the state of the market. Realtors are the ones tasked with marketing properties for banks.
Right, but I doubt that the banks tell the realtors what the size of the shadow inventory is.

If the banks are holding some 440,000 units off the market, then they are manipulating the market and if they are also lending on a house that isn't really worth what they got for it, then we're got another mess on our hands. Right?