Highlights of the Pakistan Economic Survey 2012-13 2. `Forestry recorded growth at 0.13 percent as compared to the growth of 1.74 percent last year. `Industrial sector contains 20.9 percent of GDP having sub sectors: manufacturing, construction, mining & quarrying and electricity and gas distribution.
Shadow housing inventory declined by 1.2 million in the first half of 2012, according to a new study by JPMorgan Chase of the ominous housing stock. The shadow market peaked at six million in 2010, and JPMorgan estimates that banks, through handling troubled mortgages and foreclosed properties, could decrease the shadow markets by as much as two million by the end of 2012.
Fitch Sees 60% of Current RMBS Borrowers Underwater We see the change as compatible with Fitch’s recovery timing expectation on defaulted mortgages of four years in our rmbs base case scenario. This already incorporates a buffer over the observed historical average recovery time of around three years.
But it is down from a peak of 4.25 million in February 2010. And unless mortgage delinquencies begin to accelerate sharply, the shadow inventory won’t be growing.
It now totals 3.9 million, and we estimate it could be 3 million in 12 months. The shadow inventory also may move more quickly as mortgage servicers get better at packaged sales and short sales.
The Wall Street Journal has an article about this shadow inventory today. It explains what’s going on in areas hard-hit by the housing bubble’s pop: legal snarls, bureaucracy and well-meaning.
The time to sell is a waiting game for some @deesgems I don’t think there is any thing as an "average" amount of time for any item.I’ve had things sell the very day I listed them while others I’ve had listed for many months and still haven’t sold. When item finally sells after being listed for that long it’s awesome to finally unload it!
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MGIC Loses $97.9 Million in Q2; Early Trouble in 2008 Vintage? US-based credit card company Deserve has raised $17 million in Series C funding for its Generation Z ambitions. The round was led by an unnamed investor, with additional participation from Accel, Aspect Ventures, Pelion Ventures, Mission Holdings, Alumni Venture Group and GDP Venture.Survey: 70% of lenders believe housing recovery is real Any recovery will also be more tame as a result. Risk of eroding real net worth. showing that about 70% of millennials regret buying a home suggests that things are far from alright in regards to.
Shadow Inventory: What is It and How can it Benefit Real Estate Investors? Shadow Inventory: Many investors have been asking me about shadow inventory, what it means for real estate investors, and how it’s affecting the recovery. What is shadow inventory? "Shadow inventory" in real estate refers to properties that are already foreclosed on and bank owned (reo.)
The share of Oregon mortgaged homes in foreclosure ticked down slightly in 2012 as lenders completed. of the most distressed assets in the shadow inventory." Since September 2008, there have been 4.
First-time homebuyers are too few in number to absorb inventory overhang For Your Clients – 10 Real Estate Myths Debunked – The much smaller number of new homes now under construction indicates the dismal outlook for the housing market. Wrong. The inventory of homes on the. passed $7,500 federal tax credit for.
Oil prices were little changed on Wednesday after the U.S. Energy Department’s latest inventory release. by the so-called OPEC+ deal that is cutting production by around 1.2 million barrels per day.