Tag Archive | "shadow inventory"

The Shadow Inventory is Slowly Disappearing

Tuesday, March 26, 2013

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Florida, California, New York, Illinois and New Jersey were home to four out of ten distressed properties in the nation in January, an indication of how far east America's foreclosure nightmare has moved

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Florida Shifts into Reverse

Wednesday, March 20, 2013

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While the rest of the nation's housing markets experience various levels of recovery, most markets in Florida seem to be relapsing to the heyday of the Foreclosure Era after a brief period of improvement.

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For-sale Inventory Only Half of 2006 Level

Wednesday, January 16, 2013

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Only half of many homes in America are listed for sale compared to the height of the housing boom in 2006 while median list prices are about the same as they were a year ago.

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National Foreclosure and Shadow Inventories fell by a Total 500K in 2012

Wednesday, January 2, 2013

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The current residential shadow inventory as of October 2012 fell to 2.3 million units, representing a supply of seven months. The October 2012 inventory level fell 12.3 percent from a year earlier, when the shadow inventory stood at 2.6 million units.

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List Prices Flatten Despite Sinking Inventory

Monday, December 24, 2012

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Inventories continued to fall to record lows in November and the age of the nation's listings inventory declined, but asking prices failed to rise as housing markets prepared for their annual wintertime hibernation.

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The Foreclosure Iceberg is Slowly Melting

Wednesday, December 5, 2012

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Iinventories of foreclosures accumulated during the processing slowdown in the wake of the Robogate scandal are slowing shrinking, absorbed by demand so healthy that distress sales are actually rising faster on a national basis than full-priced homes.

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Foreclosure Inventory is Stuck in Neutral

Wednesday, October 31, 2012

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Completed foreclosures plunged 68 percent in September from a year ago yet the national foreclosure inventory hardly budged in 12 months, according to the latest CoreLogic report.

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Five Year Forecast: Prices Will Rise 8.5 to 22 Percent

Sunday, October 7, 2012

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Nominal house prices will continue to rise for the UFA 100, a broad based composite index of 100 US cities. Under current economic conditions commonly used house price indices will rise between 8.5 and 22 percent cumulatively over the next five years, but recovery will be slow for the larger metro areas in the Case-Shiller 10 city composite.

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Foreclosure Backlog Shrinks

Thursday, October 4, 2012

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The long-feared backlog of foreclosures that accumulated during the Robogate processing slowdown in 2010 and 2011 has declined further as the number of new foreclosures dwindled in August and completed foreclosures are being quickly absorbed in markets hungry for discount priced distress sales.

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Rustbelt Markets are Missing the Recovery

Tuesday, September 18, 2012

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Not all is going smoothly with the housing recovery as the summer ends. August data from Realtor.com shows that, though inventories are still falling, more and more markets are seeing prices go in the wrong direction, dropping below levels of a year ago.

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