Shadow inventory down 28% from peak

CoreLogic: 2.2 million distressed properties likely headed to market

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

The "shadow inventory" of distressed homes likely to hit the market fell 18 percent in January from a year ago, to 2.2 million homes – about nine months of supply at the current rate of sales, according to a new report by loan data aggregator CoreLogic.