CoreLogic Reports Good News on Shadow Inventory For 2013
CoreLogic released their projections on Shadow Inventory for 2013 which indicate good news for all in the housing industry. The new numbers show a 12.3% drop from October 2011. Shadow Inventory Seen as Manageable in 2013 Current residential shadow inventory as of October 2012 fell to 2.3 million units*, representing a supply of seven months. The October inventory level represents a 12.3 percent drop from October 2011, when shadow inventory stood at 2.6 million units. Click here to download the full Shadow Inventory report. Data Highlights As of October 2012, shadow inventory fell to 2.3 million units, or seven months’ supply, and [...]