Shadow inventory declines to five-month supply: CoreLogic

 · Shadow Inventory Drops to Lowest Level Since 2008, CoreLogic Reports 06/14/2012BY: ESTHER CHO As of April 2012, 1.5 million homes are in shadow inventory, which is a 14.8 percent decrease from last year in April when the number of homes hiding in the shadows was 1.8 million, CoreLogic reported Thursday.

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That’s down from 1.9 million homes in July of 2010 and down from 1.7 million in April, the last period reported by CoreLogic. July’s shadow inventory. declines, high levels of negative equity and a.

CoreLogic today reported that the current residential shadow inventory (or pending supply) as of April declined to 1.7 million units – a five months’ supply – from 1.9 million units in April 2010.

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reported that nationally shadow inventory declined from 1.8 million units in. developing our estimates we use MLS data as well as data supplied by CoreLogic.

Using data from August, the company reports that 4.2 million homes were on the market – a 15-month supply. declines in the housing market,” CoreLogic economist Mark Fleming said. “This is being.

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