Posts tagged "shadow inventory"

After All These Years Shadow Home Inventory Is Still Huge

A little more than a week ago CoreLogic released their shadow home inventory report for October at the national level which shows that the shadow inventory, while down from last year, is basically unchanged from the last report for July. It is also at the same level it was in January 2009. CoreLogic’s graph below... Read more »

Shadow Home Inventory Declining

Many of the housing bears seem to obsess about the shadow inventory of homes that are out there just waiting to depress home prices even further. However, last week CoreLogic released their 2nd quarter report on the shadow inventory of homes and at the national level it showed a decline from 1.9 million units in... Read more »

2 Million Homeowners Underwater By More Than 50%

Yesterday I posted on the huge shadow inventory of homes in Chicago and the nation. However, CoreLogic also reported on an even bigger threat to the recovery of the housing market in the form of homeowners who are seriously underwater on their mortgages. The number they reported is staggering: In addition to the current shadow... Read more »
Advertisement:

What Does Chicago's Shadow Inventory Look Like?

CoreLogic released their shadow inventory numbers for April yesterday and it shows a decline in the absolute number of homes that are not yet on the MLS but are distressed – 90 days or more delinquent, in foreclosure, or already owned by banks. The numbers declined from 1.9 MM units a year ago to 1.7... Read more »

5 Year Supply Of Distressed Homes In Chicago

  Maybe the groundhog didn’t see his shadow last week but S&P sure did. Well, actually S&P looked at shadow inventory on January 25 and it was long and dark for Chicago. Shadow inventory is the sum total of all distressed homes that are either already owned by banks or in some stage of trouble... Read more »
  • ChicagoNow is full of win

    Welcome to ChicagoNow.

    Meet our bloggers,
    post comments, or
    pitch your blog idea.

  • Advertisement:
  • Getting Real On Facebook

  • Subscribe To Getting Real

    Subscribe to RSS Feed RSS Feed

    Enter your email address:

    Delivered by FeedBurner

    Google
  • Meet The Blogger

    Gary Lucido

    After 20 years in the corporate world and running an Internet company, Gary started Lucid Realty with his partner, Sari. The company provides full service, while discounting commissions for sellers and giving buyers rebates.

  • Recent posts

  • Tags

  • Monthly Archives

  • Latest on ChicagoNow

  • Advertisement:
  • Fresh Chicago News