Shadow Inventory Declines!


Shadow inventory continues to decline in the U.S. At the end of January, as you can see from the below chart, there were 2.2 million homes that were seriously delinquent, in foreclosure or seized by lenders, down from 2.6 million in January of 2012. In addition, the 2.2 million is down from the 3 million peak, recorded in January of 2010.

About the Author

Shawn Kaplan is an active & Licensed loan officer with Legacy Mutual Mortgage. Email Shawn at Shawn.Kaplan@LegacyMutual.com or a member of his team anytime for more information or a consultation!  
(615) 426-3182

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