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Shadow inventory rocked by foreclosure snafu

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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

Plus, there’s been talk of a "shadow. inventory come on." Areas in New Jersey near train stations or easy access to New York City are holding up better than other places, Otteau said. For example,

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Shadow Inventory | Hidden Foreclosure Rates Expected to Grow (VIDEO) Posted by 4closureFraud on August 25, 2012 Leave a Comment ~ Share this:. First Foreclosure-Rental Bonds Come to Market Without Ratings. small time loan officer arrested on Bank Fraud,

 · That doesn’t include the so-called shadow inventory of homes with delinquent mortgages, those in foreclosure and homes that have been repossessed by.

Investors need to think carefully about the dynamics of this so-called “shadow inventory,” and whether. The argument is that short sales or foreclosures will result in single-family homes purchased.

Murphy said his minister at Shadow Hills. most of the year, inventory represented a 12-month supply. Looking at the dismal 1,065 closings on the Multiple Listing Service, Murphy now calculates an.

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Naturally, the process kept the market from correcting and added vast numbers of foreclosed homes to the shadow inventory. During this same period. rates up to 12 times greater than the Fed’s rock.