Shadow inventory declines by 1.2 million in 2012

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The dollar value of the shadow inventory in January was $254 billion compared to $324 billion in January 2013 and $289 billion in July 2013.

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The best way out of a deflationary cycle is by way of INFLATION. As a result, I personally believe that median home values will continue to increase this year possibly even more so than in 2012 as long as the "Shadow Inventory" continues to be artifically suppressed right along with the incredibly low interest rates today.

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"As of December 2013, we estimate that there were about 2.3mn housing units in shadow inventory, down from 2.9mn units in December 2012," wrote Barclays Michael Gapen in his 2014-15 US Housing.

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.

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This year, shadow inventory fell to 3.4 million units from a peak of 4.7 million in 2009, according to John Burns Real Estate Consulting data cited by the Journal.

Presumably, if the number of homes selling at a discount was declining, the argument could. Add to this a “shadow” inventory of properties that have not yet been. The Wall St. Journal reports there are approximately 1.2 million homes where.. November 2016 · July 2016 · November 2012 · September 2012 · July 2012.

Cost of goods sold of $75 million less the decrease in inventory of $6 million equals purchases from suppliers of $69 million. The increase in accounts payable of $2 million means that the company paid $67 million in cash ($69 million minus $2 million).

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Ultimate Phoenix Shadow Inventory Video The wall street journal has an article about this shadow inventory today. It explains what’s going on in areas hard-hit by the housing bubble’s pop: Legal snarls, bureaucracy and well-meaning.