First American Sees 1.7m in Shadow Inventory

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Shadow Inventory Estimated at 1.7 Million Properties Last updated on January 8th, 2018 The "shadow inventory," which is the pending supply of homes not included in the official numbers, increased to 1.7 million units as of September, according to a report from First American Core Logic .

Shadow Foreclosure Inventory Creeps Up.. according to estimates by First American CoreLogic.. The question is whether this shadow inventory will eventually flood the market, or if banks.

A report says about 1.7 million homeowners were on the verge of foreclosure in the fall, a looming "shadow inventory" of homes that will come on the market for sale over the next several years and.

The Royal Bank of Scotland found 2.7m, and First American CoreLogic counted 1.7m. S&P estimates the inventory to equal a 33-month supply of homes. S&P estimates the inventory to equal a 33-month.

The Royal Bank of Scotland found 2.7m, and First American CoreLogic counted 1.7m. S&P estimates the inventory to equal a 33-month supply of homes. Analysts added the estimate is actually conservative, as they did not assume homes not showing signs of distress would default and push the overhang of supply even further.

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(Bloomberg) — The number of homes that may be in the pipeline for a sale because of foreclosure and delinquency climbed about 55 percent to 1.7 million at the end of September, according to estimates by First American CoreLogic. The "shadow inventory" rose from 1.1 million a year earlier.

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