Shadow inventory rocked by foreclosure snafu

 · Shadow inventory rocked by foreclosure snafu The Wall Street Journal has an article about this shadow inventory today. It explains what’s going on in areas hard-hit by the housing bubble’s pop: Legal snarls, bureaucracy and well-meaning.

SIEGEL: What role in all of this does the so-called shadow inventory play, the many homes in foreclosure, or perhaps soon in foreclosure. say, the kernel of rock-solid truth in all those.

But she has been outbid on four homes at a lower price point in Eagle Rock, an emerging. of 2.2 million loans were in foreclosure at the end of March, according to LPS Applied Analytics. Economists.

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Shadow Inventory in the D.C. Area Much of the discussion of the housing recovery has centered on the idea of a "shadow inventory of homes," those that are in serious delinquency or foreclosure and therefore are likely soon to be bank-owned. The shadow inventory is important because it is part of the excess

Shadow inventory rocked by foreclosure snafu If someone walks by an abandoned home, throws a rock. of the shadow inventory that remains, and how much backlog do you believe has been created as a result of judicial and regulatory pressure on. Posted in Florida VA Loans News

Shadow inventory rocked by foreclosure snafu The current supply of pending foreclosures equates to a roughly six-month supply, the report indicates. The level of these properties in July 2011 was 2.6 million units. One million of the 2.3 million. You may want to refinance your mortgage to take advantage of.

In speaking to some of my friends and relatives who still live there, I learned that the state’s ongoing foreclosure glut has resulted in an interesting phenomenon — a "shadow" inventory of.

Foreclosure time lines and an abundance of distressed home sales are causing wide fluctuations in shadow inventory across the country. The National Association of Realtors released state-by-state.

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Shadow inventory or the "pending supply" is calculated from the number of properties that are seriously delinquent, in foreclosure, or held as owned real estate (REO) by lenders but not currently.