Shadow inventory declines to five-month supply: CoreLogic

 Bank Owned Homes - What You Need to Know Before Buying a Bank Owned Property 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.

Santa Ana-based data giant CoreLogic reported. October’s shadow inventory of 1.6 million homes decreased 16% from 1.9 million units in October 2010. October’s shadow inventory amounts to a.

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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.

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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.

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There’s no way you can state with a straight face that there is anything good about shadow inventory of 1.7 million. On its own, the shadow inventory represents a five-month supply. chief economist.

NEW YORK (TheStreet) — Shadow inventory, once considered a major threat to the housing recovery, is declining at a rapid pace, according to the latest report from real estate analytics firm CoreLogic.

April 09, 2014 CoreLogic: home prices level Off, Shadow Inventory Down. Home prices increased 12.2 percent in February compared to the same point last year, marking 24 months of consecutive year-over-year increases, but prices are expected to level off as home equity releases pent-up supply back into the market, analytics firm CoreLogic reported April 1 in its February Home Price Index.

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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 [.]

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.