Shadow inventory declines to five-month supply: CoreLogic

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.

SANTA ANA, CA – CoreLogic, a leading provider of consumer, financial and property information and business services, reported that the current residential shadow inventory as of january 2011 declined to 1.8 million units, representing a nine months’ supply. This is down slightly from 2.0 million.

How to buy a foreclosure direct from the courthouse-Part 1 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 main.

"The stock of seriously delinquent homes, which is the main driver of shadow inventory, is at the lowest level since December 2008," Dr. Mark Fleming, chief economist for CoreLogic said. "Over the last year it has decreased in 42 states by double-digit figures, resulting in rapid declines in shadow inventory for the first quarter of 2013."

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The shadow. constituted a five-month supply. At the peak in January 2010, the supply was 8.5 months. The total shadow and visible inventory was 5.7 million units in April 2011, down from 6.2.

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.

CHICAGO (MarketWatch) – The pending supply. further price declines in the housing market,” said Mark Fleming, chief economist for CoreLogic, in the news release. “This is being exacerbated by a.

CoreLogic (CLGX.N) said that at the end of January the so-called shadow inventory of homes stood at 1.6 million homes, down from 1.8 million in January last year. The figure for 2012 is equal to six.

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.

The pending supply of homes, also known as shadow inventory, fell to 2.3 million units as of the end of July, down 10.2 percent from 2.6 million units a year ago and at the same level as March 2009,

Shadow inventory decline continues, Currently at 7.2 Month Supply Jan 2 2013, 11:55AM The residential shadow inventory of distressed homes continues to shrink according CoreLogic’s monthly report.

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