Shadow inventory declines to five-month supply: CoreLogic

As of August, the shadow inventory had reached 2.1 million units, an eight-month supply of homes at the current rate of sales. That was up from 1.9 million units a year earlier, a five-month.

The shadow inventory of residential properties as of July 2011 fell to 1.6 million units, or 5-months’ worth of supply, down from 1.9 million units, or a 6-months’ supply, as compared to July 2010.

CoreLogic reported Tuesday that the current residential shadow inventory as of July 2011 declined slightly to 1.6 million units, representing a supply of 5 months.. This is down from 1.9 million units, a supply of 6 months, from a year ago, and follows a decline from April 2011 when shadow inventory stood at 1.7 million units.

Shadow Inventory Current residential shadow inventory as of April 2013 was under two million units, representing a supply of. economist for CoreLogic. "Over the last year it has decreased in 42 states by.

"Don’t be afraid of the shadows," is CoreLogic’s message. Why? Because nationally the shadow inventory has declined more than 12 percent since. threat to a significant swing in housing market.

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CoreLogic estimates the "shadow inventory" (by this method) at about 1.8 million units. corelogic. reported today 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 units, also a nine months’ supply, from a year ago.

In April, the residential shadow inventory fell to 1.7 million units in April, representing a five-month supply, CoreLogic reports. This is down from 1.9 million units, also a five-month supply, from a year ago.

The shadow inventory, which some analysts believe could impact the housing recovery when the properties hit the market, represented $239 billion in homes, a 3.7 months of supply, the firm estimates. "Over the past year, the value of the U.S. shadow inventory dropped by $87 billion–a sign of increased normalcy in the housing market," CoreLogic.

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CoreLogic: Shadow inventory continues to decline SANTA ANA, Calif. – Sept. 28, 2011 – Current residential shadow inventory as of July 2011 declined slightly to 1.6 million units – representing a supply of 5 months – from a six-month supply of 1.9 million units one year earlier, according to CoreLogic.

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