Shadow inventory update
Many people keep wondering what the shadow inventory in the Denver area is. Although nobody can say for sure (at least on the record), according to this article, Denver is NOT in the top 25 for 90-day delinquencies and defaults. This doesn't surprise me too much because we've historically had better employment numbers and less "crashing' in the bad times than many of the metro areas listing in the article.
What does this mean? It means that when/if this shadow inventory hits, we won't have nearly the number of bank owned homes on the market that the other metro areas will. This means a (potentially) more stable market for the Denver area and less affect on the "regular" seller.