Shadow Inventory Down 22% From Peak

28 Sep 2011

The residential shadow inventory fell to 1.6 million in July, down 22% from its peak of 2 million in January 2010, according to CoreLogic.

The residential shadow inventory fell to 1.6 million in July, down 22% from its peak of 2 million in January 2010, according to CoreLogic. Nearly half of the shadow inventory, or 770,000 units, are seriously delinquent. Mark Fleming, chief economist at CoreLogic, says the improvement is “a positive ...

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