Shadow Inventory Opinion

Interesting (seems convincing) angle on shadow inventory.
http://www.kcmblog.com/2012/08/16/dont-be-afraid-of-what-lurks-in-the-shadows/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+KeepingCurrentMatters+%28The+KCM+Blog%29. A click on the link to the map shows WA state what appears to be a below-average 1.3% of homes in the process of foreclosure.