Shadow inventory rocked by foreclosure snafu

Foreclosure time lines and an abundance of distressed home sales are causing wide fluctuations in shadow inventory across the country.. Shadow inventory rocked by foreclosure snafu.

There’s blight at the corner of Happiness Street and Rainbow Avenue in suburban West Palm Beach. Despite the sunny names in a neighborhood where residents also live on Faith and Pot o’ Gold, two homes sit vacant, burned out, boarded up and part of a growing shadow inventory of foreclosed homes in Florida.

If there was ever a time for banks to unload a bunch of foreclosed homes they've. If we couldn't put the “shadow inventory” myth to bed before, I think it is 100. again when a flood of bank-owned homes finally hit the market.

So with foreclosures slowing, fewer distressed homes have hit the market. The so -called “shadow inventory” of homes – those with severely.

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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

The inventory glut is concentrated in the used home segment of the market, and that is also where the “shadow inventory resides. before the avalanche of houses in foreclosure simply swamped the.

Zombie Foreclosures. Shadow Inventory. Vampire Properties. You may have heard these terms tossed around but don't really have a clear picture of their.

Sharga said RealtyTrac believes that 2011 will be marginally better than 2010, but we won’t see normal levels of activity until the end of 2012, and "we will still go through shadow inventory into.

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If ever there were a "squishy" data set, one that is quite difficult to get a good handle on due to the paucity of reliable, publicly available data, it is the inventory of foreclosed homes that.

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Shadow inventory rocked by foreclosure snafu. contents. foreclosure impact pending home;. shadow inventory: A term that refers to real estate properties that are either in foreclosure and have not yet been sold or homes that owners are delaying putting on the market until prices.