I think we can all agree that until the bulk of the shadow inventory, call it what you want, but all the bank owns are cleared out, this RE market is going nowhere.

I'm also curious about inventory and how many deals investors are able to do month to month if cash is not going to be an issue.

Removed $5,684 from supplies added to cost of goods sold and ending inventory."

With the shadow inventory and the pending foreclosures in progress - homes should be depressed for the next 4-5 years.

Cedar City also looks VERY attractive but I have avoided it due to way too much inventory there.

Everyone and their dead uncle are investing, inventory is down, and prices continually rising.

Parts of Atlanta are great for buy-and-hold, parts are great for flipping, and parts have so much inventory that it would be difficult to flip or to cash flow right now.Buckhead is one of the nicer areas of the city, and if you're looking for a place to live, and like having access to the better bars and restaurants within walking distance, then Buckhead is a great location.

Jose, regarding 'the rule', I like 65% as opposed to 70% for safe measure in a market that some say hasn't really bottomed yet (or subject to impending 'shadow inventory').

I'm very shocked that sellers have not been fed up by now and moved inventory away from these guys.

Foreclosures continue to climb so agents will have an inventory to try and sell.