Shadow inventory declines to five-month supply: CoreLogic

California-based real estate information company CoreLogic said in a statement today. That represents a supply of about four months, down from six months in April 2011. “The decline in the shadow.

CoreLogic, a provider of information, analytics and business services, has reported that the current residential shadow inventory as of July 2011 declined slightly to 1.6 million units, representing a supply of five months. Also known as pending supply, shadow inventory is an estimate calculated by.

CoreLogic reported Tuesday that the current residential shadow inventory as of July 2011 declined slightly to 1.6 million units, representing a supply of 5 months.. This is down from 1.9 million units, a supply of 6 months, from a year ago, and follows a decline from April 2011 when shadow inventory stood at 1.7 million units.

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The foreclosure inventory is the share of all mortgaged homes in any stage of the foreclosure process. CoreLogic estimates the shadow inventory, also known as pending supply. driver of the shadow.

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