If you follow this blog, or any of my other media posts you probably already know that I have been stating for months that I believe there is (hidden) inventory just waiting to come to the market… and I’m increasingly curious… Where is the inventory?

Every month I’m on the CDPE (Certified Distressed Property Expert) webinar and every quarter, we discuss and have seen significant increases in the number of NOD’s filed (Notice of Default).  With increasing NOD’s you would think that inventory would naturally increase, wouldn’t you?  That has simply not been true… the number of Bank owned homes has slightly increased, the number of equity sellers has slightly increased due to a bump in prices (again due to low inventory and unbelievably low interest rates); however I beg… where are the rest of the sellers that are distressed? I will share my opinion on this soon… stay tuned!

I would love to hear your thoughts on this topic and please… please… please tell me where is the inventory.