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Loan Modification

: Loan Modification & Home Loan News

Shadow Inventory of Homes Rising

By Moe Bedard

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The ?shadow inventory? of unlisted bank-owned homes and potential foreclosures increased to 2.1 million units in August, up 10% from one year earlier, according to new estimates from CoreLogic, a real-estate research firm. That?s around eight months of supply, compared to a five-months? supply one year ago. By contrast, the inventory of all unsold homes [...]

Full post as published by Loan Modification & Home Loan News on November 23, 2010 (boomark / email).

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