· B of A sends letters to 5,000 Oregonians erroneously claiming they re late on their property taxes; Report shows nation s shadow inventory is on the decline; Mayoral candidate in Tucson, Az., takes housing crisis into his own hands
Using data from August, the company reports that 4.2 million homes were on the market – a 15-month supply. declines in the housing market,” CoreLogic economist Mark Fleming said. “This is being.
Shadow inventory at the end of July was down to 1.6 million units, representing a five-month supply of homes. for the housing market," CoreLogic Chief Economist Mark Gleming said. "However,
Because home sales also slowed, the shadow inventory represented eight months of housing supply, up from five months a year ago, CoreLogic said. Weak demand for housing is "significantly increasing.
CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, reported today that the current residential shadow inventory as of October 2012 fell to 2.3 million units*, representing a supply of seven months. The October inventory level represents a 12.3 percent drop from October 2011, when shadow inventory stood at 2.6 million units.
Inventory is likely to rise a bit, but, remember, we are coming from a few. All five experts: No. boosting demand artificially and very high levels of supply – are not. when the market declined many had to short sell or were foreclosed.. that has been increasing during the past 12 to 24 months, with some.
Corelogic. rapid declines in shadow inventory for the first quarter of 2013," he said. In Huntsville and Madison County, there were 3,117 housing units in June, a 3.3 percent increase from 2012..
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CoreLogic today reported that the current residential shadow inventory (or pending supply) as of April declined to 1.7 million units – a five months’ supply – from 1.9 million units in April 2010.
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The nation’s residential shadow inventory as of July declined slightly to 1.6 million units, representing a supply of five months, according to a report from CoreLogic [stock CLGX][/stock].
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· The 2.2 million units represent a supply of nine months and a year-over-year decline of 18 percent from 2.6 million units in January 2012, CoreLogic reported. “The shadow inventory continued to drop at double the rate in January from prior-year levels.
Senate Bank Chair weighs sweeping GSE, mortgage lending overhaul Fed Beige Book: Economic activity expanded in March, housing results mixed The US economy continued to expand modestly on the back of consumer spending but the labour market remained bleak, the Federal Reserve said in its Beige Book. activity increased or was mixed, with.Getting a mortgage from a community bank or credit union could become easier, under a provision included in a banking regulatory bill under consideration in the Senate. In simple terms, the changes would let smaller institutions – those with up to $10 billion in assets – offer mortgages that are.