And the housing reports just kept coming: CoreLogic said on Wednesday that the current (as of January 2012) residential shadow inventory was 1.6 million units, or a six-months supply. states.
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The shadow inventory of repossessed and soon-to-be repossessed homes not yet visible to the market has been trimmed, according to CoreLogic. The company reports that as of April 2011, the industry.
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Shadow inventory declines to five-month supply: CoreLogic Because home sales also slowed, the shadow inventory represented eight months of housing supply, up from five months a year ago, CoreLogic said. Weak demand for housing is "significantly increasing.
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CoreLogic Reports Shadow Inventory Continues to Decline in October 2012 Shadow Inventory, Now at 2.3 Million Units, Seen as Manageable in 2013 IRVINE, Calif., January 2, 2013-CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, reported today that the current
CoreLogic: Shadow inventory continues to decline SANTA ANA, Calif. – Sept. 28, 2011 – current residential shadow inventory as of July 2011 declined slightly to 1.6 million units – representing a supply of 5 months – from a six-month supply of 1.9 million units one year earlier, according to 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.
From CoreLogic: CoreLogic Reports Shadow Inventory Declines Slightly, However, Nine Months’ Worth of Supply Remains Click on graph for larger image in graph gallery. This graph from CoreLogic shows the breakdown of "shadow inventory" by category.
As of January, the shadow inventory declined to 1.8 million units, representing a nine-month supply, CoreLogic reports. The shadow inventory stood at 1.8 million units in January. A year ago, the pending supply, was about 2 million units. corelogic research indicates that although a material portion.
"The stock of seriously delinquent homes, which is the main driver of shadow inventory, is at the lowest level since December 2008," dr. mark fleming, chief economist for CoreLogic said. "Over the last year it has decreased in 42 states by double-digit figures, resulting in rapid declines in shadow inventory for the first quarter of 2013."