Shadow inventory declines to five-month supply: CoreLogic

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.

In April, the residential shadow inventory fell to 1.7 million units in April, representing a five-month supply, CoreLogic reports. This is down from 1.9 million units, also a five-month supply, from a year ago. The decline was due to fewer new delinquencies and the high level of distressed sales, which helped reduce the number of [.]

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From CoreLogic: CoreLogic Reports Shadow Inventory Continues to Decline CoreLogic. reported today that the current residential shadow inventory as of April 2011 declined to 1.7 million units, representing a five months’ supply. This is down from 1.9 million units, also a five months’ supply, from a year ago.

There’s a continued decline. the shadow inventory are delinquent and not yet foreclosed. So, given the lengthy foreclosure process in many states, the shadow inventory is little threat to a major.

Number of St Louis Homeowners Losing Homes in Foreclosure Declining. By Dennis.. This current shadow inventory represents a 5 month supply. corelogic .

As of August, the shadow inventory had reached 2.1 million units, an eight-month supply of homes at the current rate of sales. That was up from 1.9 million units a year earlier, a five-month.

"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."

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The current residential shadow inventory as of July 2011 dropped slightly to 1.6 million units, which represents a five-month supply, according to a CoreLogic report released today.. This is down from 1.9 million units – representing a supply of six months – compared to a year ago, and follows a dip from April 2011 when shadow inventory stood at 1.7 million units.

Multifamily construction pushes housing starts Permits, a proxy for future construction, rose. The results provide some relief after several months of mixed data raised questions about whether residential construction was heading into a deeper.

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. concentration of shadow inventory is for loans with loan balances between $100,000 and $125,000 (Figure 5). More importantly while the overall supply of homes in the shadow inventory is.

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