One of the key obstacles to a housing recovery over the past five years has been the overhang of distressed properties about to come to market which has come to be known as shadow inventory. Shadow inventory numbers are comprised of three separate … [Read more...]
Shadow Inventory and Its Impact on Prices
Many analysts differ on what impact shadow inventory will have on house values in 2013. Some warn that these distressed properties will still play a major role in limiting appreciation. Others believe that the increases in buyer demand will more than … [Read more...]
The 5 Biggest Real Estate Stories of 2012
At KCM, we concentrate on the trends that impact the housing market. Here are what we believe were the biggest stories of 2012. Housing Was a Tailwind not a Headwind to the National Economy Over the last several years, many experts claimed that the … [Read more...]
Shadow Inventory Shrinking…in Most Regions
The Mortgage Bankers Association (MBA) released their 3rd Quarter Delinquency Survey last week. The report revealed that both the delinquency and shadow inventory numbers are improving. DSNews, reporting on the survey, explained: “The Mortgage … [Read more...]
Shadow Inventory: Less Scary
Visible inventory of homes on the market has been falling repeatedly. Existing home inventories are at an 8-year low, while newly constructed home inventory is near a 50-year low. As we enter the winter months, inventories will fall even further. … [Read more...]
Shadow Inventory Down…in Most States
CoreLogic, in their most recent foreclosure report, revealed that approximately 1.3 million homes, or 3.2 percent of all homes with a mortgage, were in the national foreclosure inventory as of August 2012 compared to 1.4 million, or 3.4 percent, in … [Read more...]
