Shadow Inventory of Homes to Take Nearly 3 Years to Clear: S&P

The median sales price in October was $309,700, 3.1% lower than a year earlier. At the current pace of sales, it would take 7.4 months to exhaust available supply.

State Gross Domestic Product (GDP) ranked us 14th in the nation in real growth with a gain of 2.4%, just slightly below the national average of 2.5%. Florida finished the 2012 calendar year with 3.2% growth over 2011, putting the state only slightly below the national growth rate of 3.5%.

estate professionals to have a clear picture of today’s home buyers and sellers. The 2010 Profile of Home Buyers and Sellers describes the characteristics and motivations of recent home buyers and sellers in Illinois and in so doing helps real estate professionals track the changing demands of consumers in a dynamic market.

KBRA rates third Invitation Homes single-family 2014-SFR2 KBRA rates third Invitation Homes single-family 2014-SFR2 Single-Family Securitized Financing: A Blueprint for the Future? Laurie Goodman Abstract In November 2013, Invitation Homes LP, the Blackstone subsidiary that is the largest of the REO-to-rental operations, completed the first securitized financing of REO-to-rental properties (Invitation.

 · Stable inventory this month, we are nearly 40% increase over last year! So, if no new homes were listed, it would take over 9 months to sell through the current homes for sale based on the rate of sales last month.

Urban Institute: 3 predictions for mortgage lending In November 2018, the Urban Institute released a report that looked at lending trends of banks compared to non-banks. They found that when the analysis considers all banks compared to all non-banks, non-banks are issuing a modestly larger percentage of loans to LMI borrowers and communities. [1] We wanted to extend this analysis.Home Depot piggybacks off housing recovery Home Keywords Brian Nagel. Items Tagged with ‘Brian Nagel’ RSS. articles. home depot piggybacks off housing recovery. Second-quarter profit beats estimates. August 20, 2013.

We estimate it will take 44 months, or more than 3.5 years, to clear the supply of distressed homes on the market in the U.S. as a whole.

 · Reduced inventory. Next on the to-do list is to clear out the massive housing inventory the United States has. Especially with the influx of homes likely to come on to the market when foreclosure.

Of our job shadow hosts surveyed, nearly 50% identified this as their first time offering job shadow opportunities, and 72% felt they or their organization directly benefitted from this experience.

REO Could Become A Serious Problem For HUD/GSEs.. the "shadow inventory"-residential loans at least 90 days. Seven or eight years ago the home sales headline was the entry of big.

Case-Shiller Index Improves for 10th Month "Data through November 2009, released today by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, show that the annual rates of decline of the 10-City and 20-City Composites continue to improve, in spite of price declines being measured across many.

The "shadow inventory" of bank- repossessed properties, as well as distressed mortgages facing foreclosure, will take nearly three years to clear at the current sales rate, according to a report.