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Current residential shadow inventory as of January 2013 was at 2.2 million units, representing a supply of nine. chief economist for CoreLogic. “States like Arizona, California and Colorado are.
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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 [.]
Shadow inventory fell 18 percent year-over-year in January to 2.2 million units, according to. and Wyoming saw the biggest decline in distressed properties. Arizona led with a 40 percent decline..
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CoreLogic released their shadow inventory. decline was due to fewer new delinquencies and the high level of distressed sales, which helped reduce the number of outstanding distressed loans.".
CoreLogic: Negative equity props up home prices in toughest markets RealtyTrac: Buying a home is unaffordable in 18% of counties corelogic: negative equity props up home prices in toughest markets Overall, the report paints a picture of a national housing market that is. Nevada is having the toughest time: 36% of all mortgaged homes there had negative equity.
Shadow Inventory on the Decline as Market Recovers March 27, 2013 Michael Collins As one would expect given the way the housing market has begun to gain steam, CoreLogic revealed Wednesday that shadow inventory across the United States has dwindled by 28 percent from its 2010 peak.
CoreLogic estimates the current stock of properties in the shadow inventory, also known as pending supply, by calculating the number of properties that are seriously delinquent, in foreclosure and held as real estate owned (REO) by mortgage servicers but not currently listed on multiple listing services (MLSs).
CoreLogic has reported 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. The decline was due to fewer new delinquencies and the high level.
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CoreLogic. inventory of new and existing homes that were on the market. The visible months’ supply increased to 15 months in August, up from 11 months a year earlier due to the decline in sales.
a 14.8% year-over-year decline, according to new data from Santa Ana, Calif.-based CoreLogic. CoreLogic determines that April’s shadow inventory – representing a supply of four months – is.
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.