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 [.]
House price volatility expected until 2014 Home prices rise 0.3% in August, up 5.6% since January PRESS RELEASE RISE IN HOME PRICES REMAINS STEADY AT 6.4% ACCORDING TO S&P CORELOGIC CASE-SHILLER INDEX NEW YORK, JULY 31, 2018 – S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices.The speed with which its house prices respond to real economic shocks is critical to the functioning of an economic market. This speed is determined relative to the magnitudes of house price changes on the off-equilibrium path, as the market adjusts. When such changes are caused by an unexpected.
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.
Mortgage fraudsters are leaving these 10 markets 90-Day Moratorium for California New Foreclosure Prevention Act For California Now Law California’s new Foreclosure Prevention Act went into effect on May 22, 2009. The object of the exercise is to delay the foreclosure process an additional 90 days, extending the period to a total of 180 days for those who qualify. The object is to provide more time.FHFA Inspector General counters: Here’s why nonbanks need prudent regulation Just last month, Neil Barofsky, the Special Inspector General for the troubled asset relief program, recognized that this regulatory authority, including the ability to require divestiture, provides an avenue to convincing the marketplace that SIFIs will not receive government assistance in a future crisis. 1 The FDIC is working with the FRB to.Mortgage fraud: unlikely, but possible. According to the FBI, you are not the most likely victim of mortgage fraud – most cases are perpetrated by borrowers against mortgage lenders.