Magnolia Property Solutions, LLC

Real Estate Investing

One Major Threat to Housing Recovery Recedes

Leave a comment

One Major Threat to Housing Recovery Recedes.

Shadow inventory—or pre-foreclosures—have dropped by more than a third since August of last year, Lenders Processing Services reports in the “first look” data from its August Mortgage Monitor. Shadow inventories have now fallen to its lowest point in four-and-a-half years. 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s