S&P Predicts Four Years to Clear Distressed Properties
admin2011-02-04T05:45:26-07:00February 4, 2011 (Jeff Alan) Standard and Poor’s Rating Service (S&P) has released its “Fourth-Quarter Shadow Inventory Update” and predicts that it will take more than four years to clear the shadow inventory of distressed properties. The prediction is an 11 percent increase from the third quarter of 2010 and a 40 percent increase from [...]