Saturday, March 31, 2012

Shadow inventory foreclosures

  • WEST PALM BEACH, Fla. -- When Frank Verna pulls up to a battered, four-unit apartment building at lunch hour, hes just over a mile as the seagull flies from the gated oceanfront palaces of South Floridas wealthiest.
  • (Huffington Post)
  • Shadow inventory also remains concentrated in states impacted by sharp price declines and states with long foreclosure timelines. The shadow inventory remains persistent even though many other metrics of the housing market show signs of improvements.
  • (Yahoo Finance)
  • Almost half of the shadow inventory is not yet in the foreclosure process, Mark Fleming, chief economist for CoreLogic, said in a news release.
  • (Merced Sun-Star)
  • there's one foreclosure or potential foreclosure yet to be listed, housing tracker CoreLogic reported in its latest "shadow inventory" report. As of January, the nation's shadow inventory leveled off at 1.6 million U.S. homes.
  • (Orange County Register)
  • CoreLogic defines shadow inventory as properties with 90 days-plus delinquencies, foreclosures or those that are lender-owned. On a year-over-year basis, CoreLogic said Wednesday that U.S.
  • (The News & Observer)
  • Now that the settlement finally has been reached, many of these foreclosures that were stuck in the Robo-signing paperwork scandal (shadow inventory) will come into the market stream.
  • (Patch)
  • Almost half of the shadow inventory is not yet in the foreclosure process, adds Mark Fleming, CoreLogic chief economist. Shadow inventory also remains concentrated in states impacted by sharp price declines and states with long foreclosure timelines.
  • (Baton Rouge Business Report)
  • CoreLogic defines shadow inventory as properties with 90 days-plus delinquencies, foreclosures or those that are lender-owned. On a year-over-year basis, CoreLogic said today that U.S.
  • (Sacramento Bee)
  • Of the 1.6 million properties currently in the shadow inventory, 800,000 units are seriously delinquent (3.1-months supply), 410,000 are in some stage of foreclosure (1.6-months supply) and 400,000 are already in REO (1.6-months supply).
  • (United Press International)

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