College students across the country are familiar with the ritual of checking the professors' bulletin boards for one's test scores and class standing to be posted - always discreetly by student ID. The National Association of Realtors has recently posted the scores, so to speak, of the individual states' shadow inventory. You can check out your state's standing of shadow inventory compared to the rest of the country. It's interesting, but more importantly, it's a valuable rough competition gauge if you're considering placing your house on the market. You might hold off if there is a lot of shadow inventory poised to come on the market and compete with your home. On the other hand, there are markets in the country that are below average for shadow inventory - maybe you should make your move now. Click on the links to see the graphs.
Map of percentage of properties currently on the market that are distressed sales:
http://economistsoutlook.blogs.realtor.org/files/2011/03/shadowinv_0311a.png
The 26 states with the highest level of shadow inventory:
http://economistsoutlook.blogs.realtor.org/files/2011/03/shadowinv_0311b.PNG
The 25 states with the lowest level of shadow inventory:
http://economistsoutlook.blogs.realtor.org/files/2011/03/shadowinv_0311c.PNG
Map of the number of months it will take to clear the shadow inventory by state:
http://economistsoutlook.blogs.realtor.org/files/2011/03/shadowinv_0311d.PNG
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