23.06.2011 - Foreclosed inventory shrinks as homes sell
About 1.7 million U.S. homes were in the foreclosure process and expected to be put on the market as of April, down 18 percent from the peak, as fewer loans entered delinquency and more distressed homes sold, CoreLogic Inc. said. The so-called shadow inventory represented a five-month supply at the current sales pace, the Santa Ana, California- based real estate information company, said.............................................Full Article: Source
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