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According to. loans, a 2.9 month supply. Properties in some state of foreclosure numbered 900,000, a 2.5 month supply. Seriously delinquent loans are the main driver of the shadow inventory and.
Mark Fleming, chief economist for CoreLogic commented, "The shadow inventory has declined by nearly one-fifth since it peaked in early 2010, in large part due to a reduced flow of newly delinquent.
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The residential shadow inventory as of January was virtually unchanged from the last CoreLogic report based on October data, at 1.6 million units, a six month supply at the current sales rate. CoreLogic estimates the current stock of properties in the shadow inventory, also known as pending supply, by
The nation’s shadow inventory fell to 2.3 million units in July, down 10.2 percent from last July, according to a monthly report, using a new methodology (see below), from real estate data firm.
The shadow inventory of residential properties as of July 2011 fell to 1.6 million units, or 5-months’ worth of supply, down from 1.9 million units, or a 6-months’ supply, as compared to July 2010.
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residential shadow inventory as of October 2012 fell to 2.3 million units*, representing a supply of seven months. The October inventory level represents a 12.3 percent drop from October 2011, when shadow inventory stood at 2.6 million units. CoreLogic estimates the current stock of properties in the shadow inventory, also known as pending supply,
. in states impacted by sharp price declines and states with long foreclosure timelines." CoreLogic estimates the current stock of properties in the shadow inventory, also known as pending supply,
Shadow inventories on the decline. According to information provider, CoreLogic, the current residential shadow inventory as of July 2012 fell to 2.3 million units, representing a supply of six.
Because home sales also slowed, the shadow inventory represented eight months of housing supply, up from five months a year ago, CoreLogic said. Weak demand for housing is “significantly increasing.
(Credit.com) Roughly 2.3 million homes are in the shadow market, according to a report by data and analytics firm CoreLogic, which marks a considerable drop from where the inventory of these properties stood a year earlier. The current supply of pending foreclosures equates to a roughly six-month supply, the report indicates.