As has been persistently reported over the last few months, improvements are being seen nationally in “shadow inventory”. The recent Standard & Poor’s comprehensive First Quarter Shadow Inventory Update again points to the hyper-local nature of the clearing of this considerable segment of the housing market.
The Sarasota real estate market seems to be faring much better than so many other regions and appears well-able to absorb this supply without it negatively affecting our otherwise improving conditions.
Be sure to view the full report HERE.
