Vacant homes. Vacant lots. Distressed homes. Each, categorized as shadow inventory.
Properties in foreclosure. Bank REO’s. Properties which will soon be listed for sale…but have not yet been listed for sale. Shadow inventory.
City-owned properties? These properties should be included in the same category – shadow inventory. But technically, they are not.
Shadow inventory is all too often overlooked as a property category through which the provision of increased access to affordable homes could be expanded....