CHICAGO (MarketWatch) – The pending supply. further price declines in the housing market,” said Mark Fleming, chief economist for CoreLogic, in the news release. “This is being exacerbated by a.
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Shadow inventory fell 18 percent year-over-year in January to 2.2 million units, according to. and Wyoming saw the biggest decline in distressed properties. Arizona led with a 40 percent decline..
CoreLogic released their Home Price Index for the month of February this morning. National home sales declined 0.8% from January to February, and were down 2.0% on a year-over-year basis. National home sales declined 0.8% from January to February, and were down 2.0% on a year-over-year basis.
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. That’s down from 1.9 million units, a supply of six months, from a year ago, and follows a decline from April when shadow inventory stood at 1.7 million units.
· CoreLogic Inc. said the so-called shadow inventory represented a five-month supply at the current sales pace. The inventory’s size is a barometer of market health because foreclosed homes sell for lower prices and falling values discourage buying, said Sam Khater, CoreLogic’s chief economist.
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But the addition of these houses to the market still significantly adds to the supply. declines in the housing market," Mark Fleming, CoreLogic chief economist, said in the report. "This is being.
CoreLogic, a provider of information, analytics and business services, has reported that the current residential shadow inventory as of july 2011 declined slightly to 1.6 million units, representing a supply of five months. Also known as pending supply, shadow inventory is an estimate calculated by.
SANTA ANA, CA – CoreLogic, a leading provider of consumer, financial and property information and business services, reported that the current residential shadow inventory as of January 2011 declined to 1.8 million units, representing a nine months’ supply. This is down slightly from 2.0 million.
· Metro Atlanta and Georgia are in the top five for the most shadow inventory of residential property, according to CoreLogic.
CoreLogic. (1.1-months’ supply). The dollar volume of shadow inventory was $246 billion as of April 2012, down from $270 billion a year ago and a three-year low. Serious delinquencies, which are.
Decline in home prices to continue to 2011: Clear Capital Steven Cohen’s Point72 Asset Management discloses passive stake in Nationstar quicken loans parent company rock holdings acquires canadian fintech company Lendesk The local fintech company will remain in B.C. and continue to operate independently. The biggest mortgage lender in the U.S. is about to get a new Canadian addition to its family.. This morning, Rock Holdings, parent company of lending giant Quicken Loans, announced the acquisition of a majority stake in Lendesk, a Vancouver-based mortgage tech company that built a network to connect mortgage.Most of all, Mr. Cohen, 58, is continuing to do what he has done best for more than two decades: make an astounding amount of money from trading stocks and bonds. His renamed firm, Point72 Asset Management, which manages $9 billion to $10 billion of his personal fortune, is proving to be nearly as profitable as his former hedge fund.March 10, 2011 00:00 ET. U.S. Home Prices Continue Slight Decline as West Region Drags Nation Down According to the clear capital hdi market Report