If ever there were a "squishy" data set, one that is quite difficult to get a good handle on due to the paucity of reliable, publicly available data, it is the inventory of foreclosed homes that.
Shadow inventory is generally described as the number of homes in bank inventory waiting to be sold plus the homes in that have been foreclosed but for a variety of reasons (redemption periods.
"Just as shadow inventory is the stock of properties in delinquency or foreclosure that are not yet for sale," he says, "these buyers waiting in the wings are the new "shadow demand."
Shadow inventory rocked by foreclosure snafu. contents. foreclosure impact pending home;. Shadow Inventory: A term that refers to real estate properties that are either in foreclosure and have not yet been sold or homes that owners are delaying putting on the market until prices.
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So with foreclosures slowing, fewer distressed homes have hit the market. The so -called “shadow inventory” of homes – those with severely.
CEO of Addison-based Foreclosure Listing Service. “But I think they are going to be higher until the end of the year. “The lenders are just getting the shadow inventory out of the way.” Banks and.
Shadow Inventory | Hidden foreclosure rates expected to Grow (VIDEO) Posted by 4closureFraud on August 25, 2012 Leave a Comment ~ 4closureFraud.org. Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, Front Page, MERS.
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Banks trimmed 1.2 million troubled mortgages or foreclosed homes out of the massive shadow inventory hanging over the housing market in.
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“While many were predicting that REO and the shadow inventory’ would keep. months of remaining inventory (MRI), days on market (DOM), sold-to-list price ratio and foreclosure and REO activity.
shadow inventory.5 Economists generally believe that housing prices will not fully recover until the bulk of the shadow inventory has been disposed of.6 Lower-income neighborhoods of color have been particularly affected,7 although foreclosures have a large negative impact on house prices, residential investment, and durable
and the uncertainty of when and how that shadow inventory will be released could be hobbling the housing recovery to some extent,” the report said. “States that have dealt with their foreclosures have.