Shadow Inventory. Depending on who you ask, it is real of a mirage. You can listen to the media, your next door neighbor, the lady at the grocery store, but does that really answer the question it seems like so many people real estate agents and analysts are talking about? Is there shadow inventory in Phoenix? Shadow Inventory as it relates to real estate is the belief that there are thousands of homes in the Phoenix metro area that banks are "getting ready" to release … [Read more...]