Large housing inventories to be sold at deep discounts in 2011: DBRS

As of August, the shadow inventory had reached 2.1 million units, an eight-month supply of homes at the current rate of sales. That was up from 1.9 million units a year earlier, a five-month.

Homes sold after foreclosure sell for a deep discount. the movement of large, complex markets like housing can be difficult even for experts who make a living doing just that. A year ago, many.

The Metro Orlando discounts reported by RealtyTrac for other large lenders included: U.S. Department of Housing and Urban. an REO [bank-owned] inventory that is more heavily weighted toward those.

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When all of the shadow inventory finally makes it to market, it will likely do so at a deep discount. to rid themselves of a large percentage the shadow inventory they do have — and quickly..

2011 (53) December (4) November (5) October (5) September (5) August (4) July (4) June (6) May (4) April (4) March (4) february (3) large housing inventories to be sold at deep disco.

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