Will housing market crash ? News you can use from Christina Lazrak

Great article from Andrew Jeffrey over at Minyanville

"Shadow inventory," the supply of potential foreclosures in the pipeline at banks like JP Morgan (JPM), Bank of America (BAC), Wells Fargo (WFC) and Citigroup (C), is approaching 10 million homes. And with the settlement between big mortgage servicers and state attorney generals over the robosigning debacle behind us, it is true that lenders are again foreclosing at rapid rate.

But what about demand? Buyers of foreclosed homes are literally lining up at auctions to outbid each other

Five Reasons The Housing Market Will Not Crash (Again) | Business News | Minyanville.com