This infoGraphic shows the supply of “shadow inventory” by state.
Shadow Inventory by State
Tag: shadow inventory
U.S. Shadow Inventory Months-to-Clear Estimate Down
In the second quarter of 2011, Standard & Poor’s Rating Services’ estimate of the months to clear the supply of distressed homes on the market in the U.S. fell for the first time since mid-2009. The current estimate is 47 months, a five-month decline from our first-quarter estimate and the largest quarter-to-quarter drop since mid-2008. …