Shadow inventory declines to five-month supply: CoreLogic

Beneath Bazzoxan | Critical Role | Campaign 2, Episode 66 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.

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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.

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.

CoreLogic reported Tuesday that the current residential shadow inventory as of July 2011 declined slightly to 1.6 million units, representing a supply of 5 months.. This is down from 1.9 million units, a supply of 6 months, from a year ago, and follows a decline from April 2011 when shadow inventory stood at 1.7 million units.

“The decline in the shadow inventory is a positive development because it removes some of the downward pressure on house prices,” noted Mark Fleming, chief economist for CoreLogic.

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CoreLogic. significant declines year over year in the stock of serious delinquencies, a positive sign for further improvement in the shadow inventory.” As of January 2013, shadow inventory was at 2.

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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That was an increase from 1.9 million, a five-month supply. risk of further price declines in the housing market," CoreLogic chief economist Mark Fleming said. "This is being exacerbated by a.

"Shadow inventory" – the stock of distressed properties that have not yet hit the market – remained at 1.6 million units, representing a five-month supply as of October 2011, CoreLogic.

The residential shadow inventory, as of July, fell to 2.3 million units, representing a supply of six months, according to new data from Irvine, Calif.-based CoreLogic. properties in the country..

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