Tag Archives: inventory

California Sees Big Inventory Decrease

California metros made up all spots in the top 10 of areas posting the largest year-over-year drops in inventories....

Low Inventory Levels Lift Home Prices, Limit Sales

Inventories of for-sale homes have dropped significantly this year, helping to stabilize housing prices but also limiting the number of homes sold, The Wall Street Journal reports. The...

Freddie Expands REO Winter Sale to More States

Six more states–now bringing the total to 33–will participate in a winter sales promotion as Freddie Mac’s HomeSteps looks to unload its high REO inventory. The six...

Is the Cure for Foreclosure Glut a Bulldozer?

Bank of America Corp. is taking an unusual step in chipping away at its high inventory of repossessed homes by demolishing some of the most run-down homes in its inventory. Bank of...

Shadow Inventory Falls 18% from Peak

CoreLogic reports that the U.S. shadow inventory of homes has fallen 18 percent from its peak; as of April, about 1.7 million homes were in the foreclosure process and headed toward...