This story published by the Charlotte Observer on Sunday, January 1, 2012 has generated much discussion.
Housing glut looms behind region’s ‘shadow inventory’
Slow-developing foreclosures create a vast market of shadow homes, dragging down prices.
By Kerry Singe and Gavin Off
Interactive Map: Showing Inventory By County
For more information on how the Charlotte Observer calculated the shadow inventory, view this article.
(Source: Charlotte Observer, January 1, 2012 Edition)