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CoreLogic reports that housing is seeing a sharp decline in shadow inventory levels, falling under 2 million units in April, representing a 5.3 month supply as shadow inventory levels have dropped.
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"Don’t be afraid of the shadows," is CoreLogic’s message. Why? Because nationally the shadow inventory has declined more than 12 percent since. threat to a significant swing in housing market.
"The shadow inventory remains persistent even though many other metrics of the housing market show signs of improvements," said CoreLogic economist Mark Fleming. "In some hard hit markets the demand for REO and distressed property is now outstripping 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.
SANTA ANA, Calif., Sept. 27, 2011 /PRNewswire/ — CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, reported today that the current residential shadow.
CoreLogic: Shadow housing inventory declines The nation’s shadow inventory – the pending supply of seriously delinquent (90-plus days) and distressed homes that will eventually make their way to the market – dropped 10.2 percent in July compared to a year ago, according to CoreLogic’s latest report .
Existing home inventory declined. corelogic reports that shadow inventory remains at an extremely elevated level: CoreLogic reported today that the current residential shadow inventory as of.
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In July shadow inventory Ã¢â¬" unlisted homes that are seriously delinquent, in foreclosure, or held as REOs Ã¢â¬" declined 10.2 percent. inventory equates to a six-month supply, according to.
· The nation’s residential shadow inventory as of July declined slightly to 1.6 million units, representing a supply of five months, according to a report from CoreLogic. That’s down from 1.9.
CoreLogic: Shadow inventory continues to decline SANTA ANA, Calif. – Sept. 28, 2011 – Current residential shadow inventory as of July 2011 declined slightly to 1.6 million units – representing a supply of 5 months – from a six-month supply of 1.9 million units one year earlier, according to CoreLogic.
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CoreLogic. supply). The dollar volume of shadow inventory was $382 billion as of July 2012, down from $397 billion a year ago and $385 billion last month. Serious delinquencies, which are the.
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