Shadow inventory declines to five-month supply: CoreLogic

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CoreLogic estimates the "shadow inventory" (by this method) at about 1.8 million units. CoreLogic. reported today 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 units, also a nine months’ supply, from a year ago.

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Shadow inventory at the end of July was down to 1.6 million units, representing a five-month supply of homes. for the housing market," CoreLogic Chief Economist Mark Gleming said. "However,

NEW YORK (Reuters) – The shadow supply. continue to decline, a mortgage data firm estimated on Monday. Based on the number, it would take eight months to work through the shadow inventory, compared.

CoreLogic, a real estate research firm in California, reported today that residential shadow inventory as of July 2011 declined to 1.6 million units and represented a 5-month supply of homes. Shadow.

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The shadow inventory of residential properties as of July 2011 fell to 1.6 million units, or 5-months’ worth of supply, down from 1.9 million units, or a 6-months’ supply, as compared to July 2010.

CoreLogic (CLGX.N) said that at the end of January the so-called shadow inventory of homes stood at 1.6 million homes, down from 1.8 million in January last year. The figure for 2012 is equal to six.

 · CoreLogic (NYSE: CLGX) reported today 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.

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The “shadow inventory” consists of homes that were seriously delinquent or foreclosed on, which banks would keep off of the market for fear that the additional supply would cause. we look for the.

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California-based real estate information company CoreLogic said in a statement today. That represents a supply of about four months, down from six months in April 2011. “The decline in the shadow.