More Distressed Sales and Fewer Delinquencies
The shadow inventory of repossessed and soon-to-be repossessed homes not yet visible to the market has been trimmed, according to CoreLogic. The company reports that as of April 2011, the industry's shadow supply fell to 1.7 million units, down from 1.9 million a year earlier. CoreLogic attributes the decline to fewer new delinquencies. Read More! http://ping.fm/ewFth
Thursday, June 23, 2011
Posted by The Mark Spain Team at 6:20 AM
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