It seems that the state of Florida has the largest shadow inventory of unsold bank owned properties. According to Bob Massey of REWealthCoach.com, the National Association of Realtors (NAR) has recently released its shadow inventory estimates. The report shows that the Sunshine State topped the list of places with the highest number of unsold REOs. The states of California and Illinois, on the other hand, followed in second and third places, respectively. What is the primary reason for the growth of shadow inventories in the country? Read Bob’s post to find out.