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Shadow Inventory Continues Rapid Decline, Down 28% from Peak
The so-called shadow inventory continuesrnto shrink and is now down 28 percent from its high point in January 2010. According to the January 2013 shadowrninventory report from CoreLogic there are now 2.2 million homes in therninventory which it calculates as properties that are seriously delinquent, inrnsome stage of foreclosure, or lender owned real estate (REO) that is not includedrnon a multiple listing service. </p
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About the Author
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Steven A Feinberg (@CPAsteve) of Appletree Business Services LLC, is a PASBA member accountant located in Londonderry, New Hampshire.
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