Posts with tag housing supply

The number of homes in the "shadow inventory," once considered a serious threat to a real estate recovery, continues to drop as the housing market absorbs foreclosures, analytics firm CoreLogic said in a report it released today. The shadow inventory refers to the pent-up supply of homes that are either in foreclosure or... Continue Reading »

A continued heavy supply of homes on the market has brought home purchases almost to a standstill, despite low housing prices and low interest rates, say some industry pundits. Meanwhile, a declining clan of buyers are faced with unemployment, tight mortgage restrictions and the expiration of the tax credit. "The market,... Continue Reading »