Shadow inventory rocked by foreclosure snafu

In a nutshell, it’s quite simple, and frankly, very good news for those of us in the REO business, selling foreclosures for banks. Watch this video and you’ll see that we are merely in the eye of the REO storm, as it appears that the Shadow Inventory bubble is preparing to burst and provide us with opportunities to sell REO homes like never before.

 · In a nutshell, it’s quite simple, and frankly, very good news for those of us in the REO business, selling foreclosures for banks. Watch this video and you’ll see that we are merely in the eye of the REO storm, as it appears that the Shadow Inventory bubble is preparing to burst and provide us with opportunities to sell REO homes like never before.

Foreclosure time lines and an abundance of distressed home sales are causing wide fluctuations in shadow inventory across the country.. Shadow inventory rocked by foreclosure snafu.

Whether the government should intervene or let the market dictate the pace of recovery confounds many in Nevada, and there’s little wonder why: The state leads the nation in unemployment, bankruptcies.

Luxury homes in Las Vegas have held their value in a declining housing market in which one in every 44 homes has entered some stage of foreclosure. He rattled off two $17 million sales last year in.

Hillsborough real estate transactions for July 18 CEBU CITY, Philippines – The Cebu provincial government has terminated its lease contract with a real estate developer citing “alleged anomalies” in the transaction which. ratify the lease contract.

Tampa foreclosures in shadow inventory may further push down prices in the area this year if they are finally released to the market. A real estate consultant contends that there are more than 14,000 homes in shadow inventory.

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Shadow Inventory | Hidden Foreclosure Rates Expected to Grow (VIDEO) Posted by 4closureFraud on August 25, 2012 Leave a Comment ~ 4closureFraud.org. Share this:. First Foreclosure-Rental Bonds Come to Market Without Ratings. Small Time Loan Officer Arrested on Bank Fraud,

In fact, the number of foreclosure auctions hit a record high since I’ve been tracking the data at this level of detail and the defaults hit a record low. The net effect is that the shadow inventory.

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Home prices, home sales and new home construction all substantially increased amid shrinking inventory and record-low mortgage rates. Adding to the drama (and perhaps aiding the recovery): Lenders.