Sentences with phrase «in shadow inventory»

North St Louis County has seen a higher number of foreclosures than most of the other neighborhoods in St Louis County, producing a higher volume of distressed properties in shadow inventory.

«Over the last year, it has decreased in 42 states by double - digit figures, resulting in rapid declines in shadow inventory for the first quarter of 2013,» Fleming says.

There has been a large decline in 90 - day - plus past due loans, which has helped lead to the drop in shadow inventories.

Not exact matches

Carl Jung explained why I resist accounting for myself and prefer to take your inventory (from Wikipedia): ~ «Everyone carries a shadow,» Jung wrote, «and the less it is embodied in the individual's conscious life, the blacker and denser it is.»

Although the senior Jordan wasn't without a shadow in his past — he pleaded guilty in 1985 to having accepted a $ 7,000 kickback from a contractor while he was in charge of inventory control at a General Electric plant — as of Monday it appeared his death was the result of a random robbery.

The «shadow inventory» of residences that are in some stage of foreclosure or whose owners are at least 90 days delinquent on their mortgages stands at 3.1 millionâ $ «6 % of the 50 million home loans in the U.S..

Just a quick post on a topic I've discussed in the past: shadow inventory.

As a result, the natural flow of demand from new household formation must be satisfied from an inventory of homes for sale that is much smaller than the actual «shadow inventory» that would be available if losses did not have to be taken in order to sell those homes.

Well there's all the shadow inventory that the banks are still keeping in their books as well as all those homeowners who are «stuck» in their homes due to negative equity.

When asked about the surplus of inventory, and how it may affect market conditions, Total Mortgage president John Walsh recently surmised, «This is a difficult question to answer, because nobody really knows the extent of the potential shadow inventory out there or how many houses are in danger of foreclosure.

«In the first quarter survey many real estate professionals expressed concern over five factors that could potentially impact home prices adversely: rising interest rates, expiration of the home buyer tax credit, persistent unemployment, continued foreclosures and the release of shadow inventory held by the banks,» said HomeGain General Manager Louis Cammarosano.

They are straight from the inventory of shapes and shadows in his mind's eye.

Nonetheless, large shadow inventory still remains a challenge, especially in the office sector.

Both IGs cited concern about the volume of «shadow inventory» properties in all inventories, but especially FHA's, and the importance of insuring adequate securing, maintaining, pricing, marketing and selling of the properties to minimize further taxpayer losses.

Also helping to lower shadow inventories is the rise in home prices, lower unemployment rates, the higher number of loan modifications, and tightening of underwriting standards that has led to an improvement in mortgage credit quality, economists note.

Amid widespread falling values, a large shadow inventory, and general economic uncertainty, perhaps the biggest positive development in the real estate industry in the past year has been the booming rental market.

If we let all the owners who could market their homes in a short sale go to foreclosure, the amount of shadow inventory it would create would be so large that most of the fair - market sales would decline and the market would stall again.

«We continue to see a sharp drop in foreclosures around the country and, with it, a decrease in the size of the shadow inventory,» says Anand Nallathambi, president and CEO of CoreLogic.

«In 2012, the theme is going to be managing the shadow inventory,» Firoved says.

On the bright side, both MLS inventories and shadow inventory showed signs of easing in 2011.

Since hitting a level of nearly 4.3 million units in the fourth quarter of 2009, the shadow inventory — seriously delinquent mortgages and homes in foreclosure — has been declining.

For residential practitioners, NAR's forecast for 2013 looks like a return to normalcy, with healthy price appreciation, an increase in both existing - and new - home sales, and a drying up of the shadow inventory.

Thousands of condominium units were either built or newly converted in recent years, which represents a shadow inventory of multifamily housing.

A large overhang of shadow inventory still looms in New Jersey, New York, and Connecticut.

At the state of the real estate industry session, leading brokers reflected on the shadow inventory of millions of houses that are one month or more in arrears with their mortgages and not yet into the foreclosure inventory — yikes.

In another positive sign for the housing market, the nation's so - called shadow inventory of properties in the foreclosure pipeline fell by more than 10 percent in July from the same period a year before reported CoreLogiIn another positive sign for the housing market, the nation's so - called shadow inventory of properties in the foreclosure pipeline fell by more than 10 percent in July from the same period a year before reported CoreLogiin the foreclosure pipeline fell by more than 10 percent in July from the same period a year before reported CoreLogiin July from the same period a year before reported CoreLogic.

In March 2000, shadow inventory loans totaled an estimated 800,000, significantly lower than current levels.

«Broadly speaking, the shadow inventory continued to shrink in July,» said Anand Nallathambi, president and CEO of CoreLogic.

Last year, a Bee analysis placed the region's shadow inventory at 53,256 homes in Sacramento, Yolo, Placer and El Dorado counties.

With its largest quarter - over-quarter drop since the credit crisis began, shadow inventory fell from 3.28 million loans in the first quarter of 2013 to 2.99 million in the second quarter, a 35 % drop on an annualized basis, according to broker / dealer Compass Point Research & Trading.

• Become a true expert in your geographic area by having insider knowledge of your area's «shadow inventory.»

«While the shadow inventory persists, there is an important difference in today's market compared with those of recent years and that's the substantially reduced amount of excess vacant housing,» says Frank Nothaft, Freddie Mac, vice president and chief economist.

We still have a lot of shadow inventory in our Judicial state and it takes 849 days on average from beginning of the process to the end, there are plenty of deals out there, or at least here in Florida.

«Both macro and micro-economic factors impact housing markets around the country resulting in demonstrated shifts relating to what is called the «shadow» inventory.

«Falling visible and shadow inventory, combined with a dearth of new - home and apartment construction during the past three years, assure that rents will continue to rise, with likely home price increases in 2012,» Yun says.

Peach believes there is a sizable level of shadow inventory that will result in rising foreclosures.

The so - called «shadow inventory» consists of bank - owned homes that are not listed for sale, as well as homes that are likely to be foreclosed upon in the near future.

There is a HUGE shadow inventory right now and while that may keep down appreciation values over the next few years, it creates a tremendous opportunity to gather assets and create new wealth in distressed properties.

In one part of the interview, Dr. Lea had this to say: «I think the bigger effect is you're gonna see a weak market [in 2011] with declining house prices probably in the single digits... We're not gonna really start to see a recovery until 2012, assuming that you can get the shadow inventory through the system.&raquIn one part of the interview, Dr. Lea had this to say: «I think the bigger effect is you're gonna see a weak market [in 2011] with declining house prices probably in the single digits... We're not gonna really start to see a recovery until 2012, assuming that you can get the shadow inventory through the system.&raquin 2011] with declining house prices probably in the single digits... We're not gonna really start to see a recovery until 2012, assuming that you can get the shadow inventory through the system.&raquin the single digits... We're not gonna really start to see a recovery until 2012, assuming that you can get the shadow inventory through the system.»

The government REO - to - rental plan could work in areas where buyers are not quickly absorbing the shadow inventory.»

«Also, shadow inventory remains concentrated in states impacted by sharp price declines and states with long foreclosure timelines,» he says.

Ryan mentions that Facebook founder Mark Zuckerberg may have purchased a home in California; Ryan reviews the economic events of the prior week; Ryan notes that interest rate are still heading down; Ryan notes that the DC real estate market is competitive on the buy and rent sides and that would be renters in the DC area are turning into would be buyers; Louis notes that the DC housing dynamic is different from the rest of the country where housing prices are down and there is plenty of inventory; Louis notes that if it is cheaper to buy than rent that it makes sense to get a long term low interest rate loan; Louis talks about the benefits of visiting HomeGain.com; Louis discusses the HomeGain FSBO vs. Realtor survey and the advantages of hiring a REALTOR; Louis and Ryan discuss the HomeGain home improvement survey and recount the types of home improvements that provide the best return on investment; Ryan and Louis talk about pricing strategies for selling a home; Louis and Ryan discuss the differences between pricing a short sale and pricing a non short sale home; Louis notes pricing a home too high may keep the home on the market a long time and that the more days a home is on the market makes a home look like damaged good; Ryan describes short sales as foreclosure avoidance and discusses the impact of each on FICO scores; Ryan talks about the options that people with underwater mortgages have; Louis mentions that 72 % of home buyers and sellers pick the first real estate agent they meet and points out the value in comparing agents first using HomeGain's Find a REALTOR program; Louis can Ryan discuss the level of shadow inventory the impact on sellers as more inventory gets released;

CoreLogic reports that the U.S. shadow inventory of homes has fallen 18 percent from its peak; as of April, about 1.7 million homes were in the foreclosure process and headed toward the market.

Furthermore, «almost half of the shadow inventory [homes which could come on the market in the near future because owners are in default on their loans] is not yet in the foreclosure process,» says Mark Fleming, chief economist at data analysis firm CoreLogic.

A dwindling shadow inventory and a drop in new foreclosure auction notices is putting less pressure on nondistressed home prices, according to a new report by CoreLogic.