Shadow inventory Lowest Level in 6 Years -- also often known as “pending supply” -- dropped to the lowest level since August 2008, to 1.7 million homes, in its 
latest report. The shadow inventory is down 24 percent compared to year-ago levels. Estimates shadow inventory by the number of properties that are seriously delinquent in foreclosure or held as REO by a mortgage servicer but not currently listed on the MLS. “Nationally, loan performance continues to improve, While the foreclosure pipeline is gradually clearing, many home owners across the United States are still struggling to make their payments.read more
latest report. The shadow inventory is down 24 percent compared to year-ago levels. Estimates shadow inventory by the number of properties that are seriously delinquent in foreclosure or held as REO by a mortgage servicer but not currently listed on the MLS. “Nationally, loan performance continues to improve, While the foreclosure pipeline is gradually clearing, many home owners across the United States are still struggling to make their payments.read more
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