Jake's Ranch (Las Vegas, NV)
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
What Exactly is Shadow Inventory in the Las Vegas Real Estate Market? Shadow Inventory has been a HUGE boogeyman in the Las Vegas Real Estate Market.  Experts wring their hands and have been telling us for YEARS how we are just going to get a bunch of Las Vegas REOhomes for sale just dumped on us overnight. I actually feel bad for those that parrot what they hear on the news and pretend that they know what they are talking about.  Some people’s perception of REO shadow inventory is that banks just sit there and hold on to properties that have already been through the foreclosure process.  This could be further from the truth.  Banks (or servicers to lienholders/investors) DO NOT want to hold on to inventory or assets longer than they have to. They want to get this stuff off their books...
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