Mt. Hood Shadow Inventory
Thursday, May 3, 2012
Every wonder about how much "shadow inventory" is on our mountain? Realty Trac, who tracts foreclosures nationally, says Oregon has 19 months of bank owned inventory that has not hit the market. Nationally the number is closer to 16 months. A recent article on Oregon Live, the Oregonian paper on line, presents an interactive map of the greater Portland area by zip code with numbers of foreclosures.
Interactive map of foreclosures by zip code. Check out 97049, 97028 and 97067.