Shadow inventory falls 28% from its peak

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Distribution channel inventory of seven weeks was stable to the prior quarter as well, on both the weeks and the dollars basis. operating expenses in the fourth quarter were $435 million or 28% of.

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The inventory of homes on the market is up about 50% compared with last year at this time, and there are millions of potential homes for sale waiting on the sideline for markets to improve.

The nation’s foreclosure inventory has contracted for 18 consecutive months and is now at its lowest point since the end of 2008, totaling 1.28 million loans, or just 2.54 percent of today’s active mortgages, according to Lender Processing Services (LPS). The company’s latest report assessing loan-level data on the performance of mortgage assets through the end of October shows the.

WASHINGTON (MarketWatch) — The so-called shadow inventory of potential housing supply was 2.2 million in January, down 18% from the same period of 2012 and down 28% from its peak, CoreLogic said.

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Shadow Inventory Shadow inventory falls 28% from its peak Posted on April 2, 2013 by cornerstone investment partners, LLC March 26, 2013 – The nation’s shadow inventory of distressed properties is down substantially from peak levels reached in January 2010, Irvine, Calif.-based CoreLogic said Tuesday.

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over the last two years in clearing shadow inventory of unlisted foreclosed homes. At its peak, seriously delinquent loans represented 19.6% of all mortgages in Nevada. These have been nearly cut in half to 10.6% as of the first quarter of this year. Similarly, in Arizona, seriously delinquent mortgages have fallen from a peak of 13.2% to just.

Survey Finds Short Sales Outnumber REO in January Purchases Recent Survey Finds Homeowners Want To Remodel Homes To Add Bedrooms With Full Baths, Laundry Rooms And More Storage Space 22 01 2011 A Better Homes and Gardens magazine survey of magazine readers taken in late December found that these are the six spaces that homeowners most want to see included in their new home or updated in their existing one:

This home is part of what's known as the "shadow REO" inventory:. the floor to fall out from underneath the entire market," Faranda said.