{"id":14576,"date":"2011-02-24T11:38:57","date_gmt":"2011-02-24T19:38:57","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=14576"},"modified":"2011-02-24T11:38:57","modified_gmt":"2011-02-24T19:38:57","slug":"redfin-maps-all-the-bank-owned-reo-shadow-inventory","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/","title":{"rendered":"Redfin Maps All the Bank Owned (REO) Shadow Inventory"},"content":{"rendered":"<p><a href=\"http:\/\/www.redfin.com\/search#!lat=47.614770032324344&#038;long=-122.33658065244582&#038;market=seattle&#038;region_id=16163&#038;region_type=6&#038;sf=4&#038;uipt=6,5,4,3,2,1&#038;v=6&#038;zoomLevel=11\" title=\"Search Redfin for unlisted REO Inventory\"><img decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2011\/02\/Redfin-Shadow-Inventory.png\" style=\"border:1px solid #000000; float:right; margin:0 0 0 10px;\" \/><\/a><span style=\"font-size:85%; font-style:italic;\">Full disclosure: The Tim is <a href=\"http:\/\/seattlebubble.com\/blog\/2010\/07\/14\/some-noteworthy-personal-news\/\" title=\"Some Noteworthy Personal News...\">employed by Redfin<\/a>.<\/span><\/p>\n<p>After Google&#8217;s recent announcement that they were pulling <a href=\"http:\/\/seattlebubble.com\/blog\/2009\/08\/06\/google-real-estate-search-maps-nationwide-foreclosures\/\" title=\"Google Real Estate Search Maps Nationwide Foreclosures\">their real estate map features<\/a>, I was somewhat disappointed that we had lost a mapped view of unlisted foreclosures.  Fortunately, Redfin just today released a sweet new feature that I&#8217;ve been helping plan: <a href=\"http:\/\/blog.redfin.com\/blog\/2011\/02\/redfin_now_showing_700_more_foreclosed_homes.html\" title=\"Redfin Now Showing 700% More Foreclosed Homes\">Full map and details on all bank owned inventory<\/a>.<\/p>\n<p>While most (all?) other foreclosure search sites require you to register and\/or pay just to get the actual address of bank owned homes (I&#8217;m looking at you, <a href=\"http:\/\/www.realtytrac.com\/\" title=\"RealtyTrac\">RealtyTrac<\/a>), Redfin displays the full address, home details like beds\/baths\/size, and even which bank &#8220;bought&#8221; (repossessed) the home at the foreclosure auction (it&#8217;s under the &#8220;Listing Information&#8221; section as a bullet labeled &#8220;Buyer&#8221;).  Click the map screenshot at right to <a href=\"http:\/\/www.redfin.com\/search#!lat=47.614770032324344&#038;long=-122.33658065244582&#038;market=seattle&#038;region_id=16163&#038;region_type=6&#038;sf=4&#038;uipt=6,5,4,3,2,1&#038;v=6&#038;zoomLevel=11\" title=\"Search Redfin for unlisted REO Inventory\">do a live search <em>right now<\/em><\/a>.<\/p>\n<p>In addition to being a valuable resource for home shoppers to keep an eye on upcoming inventory, this feature also allows us to get a nice visual of part of the &#8220;shadow inventory&#8221; problem, broken down by neighborhood.<\/p>\n<p>Browsing around the Seattle area with only the purple unlisted REO icons turned on, you can see that the central Seattle\/Bellevue corridor is fairly light on shadow inventory, with the problem increasing dramatically as you go further north or south.  This lines up nicely with our <a href=\"http:\/\/seattlebubble.com\/blog\/2011\/01\/28\/one-in-three-seattle-area-home-listings-are-distressed\/\" title=\"One in Three Seattle Area Home Listings are Distressed\">recent analysis of on-market inventory<\/a>.<\/p>\n<p>Look for some detailed analysis of this data in the coming months over on the <a href=\"http:\/\/blog.redfin.com\/\" title=\"Redfin Blog\">Redfin blog<\/a>, as I am able to spend some time querying all this new information in our database and coming up with sweet ways to visualize it all.<\/p>\n<div style=\"clear:both;\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Full disclosure: The Tim is employed by Redfin. After Google&#8217;s recent announcement that they were pulling their real estate map features, I was somewhat disappointed that we had lost a mapped view of unlisted foreclosures. Fortunately, Redfin just today released a sweet new feature that I&#8217;ve been helping plan: Full map and details on all&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[206],"tags":[7,213,82,697,701],"coauthors":[],"class_list":["post-14576","post","type-post","status-publish","format-standard","hentry","category-features","tag-foreclosures","tag-maps","tag-redfin","tag-reo","tag-shadow_inventory"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Redfin Maps All the Bank Owned (REO) Shadow Inventory \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Redfin Maps All the Bank Owned (REO) Shadow Inventory \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Full disclosure: The Tim is employed by Redfin. After Google&#8217;s recent announcement that they were pulling their real estate map features, I was somewhat disappointed that we had lost a mapped view of unlisted foreclosures. Fortunately, Redfin just today released a sweet new feature that I&#8217;ve been helping plan: Full map and details on all...\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2011\/02\/Redfin-Shadow-Inventory.png\" \/>\n<meta name=\"twitter:creator\" content=\"@The_Tim\" \/>\n<meta name=\"twitter:site\" content=\"@SeattleBubble\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The Tim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/\",\"url\":\"https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/\",\"name\":\"Redfin Maps All the Bank Owned (REO) Shadow Inventory \u2022 Seattle Bubble\",\"isPartOf\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2011\/02\/Redfin-Shadow-Inventory.png\",\"datePublished\":\"2011-02-24T19:38:57+00:00\",\"author\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\"},\"breadcrumb\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/#primaryimage\",\"url\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2011\/02\/Redfin-Shadow-Inventory.png\",\"contentUrl\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2011\/02\/Redfin-Shadow-Inventory.png\",\"width\":\"282\",\"height\":\"694\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/seattlebubble.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Redfin Maps All the Bank Owned (REO) Shadow Inventory\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\",\"url\":\"https:\/\/seattlebubble.com\/blog\/\",\"name\":\"Seattle Bubble\",\"description\":\"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\",\"name\":\"The Tim\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"caption\":\"The Tim\"},\"description\":\"Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer \/ internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.\",\"sameAs\":[\"http:\/\/SeattleBubble.com\/\",\"http:\/\/facebook.com\/is.totally.pointless\",\"https:\/\/x.com\/The_Tim\"],\"url\":\"https:\/\/seattlebubble.com\/blog\/author\/timothyellis\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Redfin Maps All the Bank Owned (REO) Shadow Inventory \u2022 Seattle Bubble","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/","twitter_card":"summary_large_image","twitter_title":"Redfin Maps All the Bank Owned (REO) Shadow Inventory \u2022 Seattle Bubble","twitter_description":"Full disclosure: The Tim is employed by Redfin. After Google&#8217;s recent announcement that they were pulling their real estate map features, I was somewhat disappointed that we had lost a mapped view of unlisted foreclosures. Fortunately, Redfin just today released a sweet new feature that I&#8217;ve been helping plan: Full map and details on all...","twitter_image":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2011\/02\/Redfin-Shadow-Inventory.png","twitter_creator":"@The_Tim","twitter_site":"@SeattleBubble","twitter_misc":{"Written by":"The Tim","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/","url":"https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/","name":"Redfin Maps All the Bank Owned (REO) Shadow Inventory \u2022 Seattle Bubble","isPartOf":{"@id":"https:\/\/seattlebubble.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/#primaryimage"},"image":{"@id":"https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/#primaryimage"},"thumbnailUrl":"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2011\/02\/Redfin-Shadow-Inventory.png","datePublished":"2011-02-24T19:38:57+00:00","author":{"@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f"},"breadcrumb":{"@id":"https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/#primaryimage","url":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2011\/02\/Redfin-Shadow-Inventory.png","contentUrl":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2011\/02\/Redfin-Shadow-Inventory.png","width":"282","height":"694"},{"@type":"BreadcrumbList","@id":"https:\/\/seattlebubble.com\/blog\/2011\/02\/24\/redfin-maps-all-the-bank-owned-reo-shadow-inventory\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/seattlebubble.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Redfin Maps All the Bank Owned (REO) Shadow Inventory"}]},{"@type":"WebSite","@id":"https:\/\/seattlebubble.com\/blog\/#website","url":"https:\/\/seattlebubble.com\/blog\/","name":"Seattle Bubble","description":"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f","name":"The Tim","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70","url":"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g","caption":"The Tim"},"description":"Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer \/ internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.","sameAs":["http:\/\/SeattleBubble.com\/","http:\/\/facebook.com\/is.totally.pointless","https:\/\/x.com\/The_Tim"],"url":"https:\/\/seattlebubble.com\/blog\/author\/timothyellis\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6wh0F-3N6","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/posts\/14576","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/comments?post=14576"}],"version-history":[{"count":0,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/posts\/14576\/revisions"}],"wp:attachment":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/media?parent=14576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/categories?post=14576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/tags?post=14576"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/coauthors?post=14576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}