Tag Archives: shadow inventory

REO sales may not peak until 2013

REO sales may not peak until 2013. This is a frightening article from HousingWire, not recommended for all audiences… They run some estimated numbers of potential foreclosures throughout 2012 and 2013.  Their estimates are staggering to say the least.  This … Continue reading

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RealtyTrac: Foreclosures on Slow Burn, August 2011

RealtyTrac released this news this evening.  There was no mention of Minnesota in the report, however we are still running middle of the pack in their foreclosure heat map. The report talks about how foreclosure activity has been slowly declining … Continue reading

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CoreLogic’s report shows decline in Shadow Inventory

This is great news.  CoreLogic tracks the “Shadow Inventory” levels.  The Shadow Inventory are the potential homes to hit the market due to foreclosures and is tracked by delinquency rates, so it is a moving target and difficult to track accurately. These are of course … Continue reading

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Minnesota’s Shadow Inventory, Foreclosures to hit the market

I have stated several times on my blog that I believe that Minnesota has cleared a lot of the Shadow Inventory by Short Sales.  Still trying to quantify that but finding it difficult to get good data.  Most of the … Continue reading

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10 Million more Mortgages set to default.

Wow, OMG, WTF, how many other 3 letter words could describe this? I was reading this article from HousingWire and the numbers are staggering.  If these numbers prove to be accurate I will be eating my words that “I think … Continue reading

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