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CoreLogic Says Housing ‘Shadow Inventory’ Is 1.8 Million Units; Morgan Stanley Says 8 Million – Home – The Daily Bail

The long road to a housing recovery – 279,000 California homes in shadow inventory. 2.1 million versus 4.85 million homes nationwide in the shadow inventory pipeline. Only 8,000 bank owned homes show up on the SoCal MLS yet statewide banks own 90,000 homes.

A.G. Schneiderman-Led State & Federal Working Group announces .2 billion settlement With Morgan Stanley. The settlement includes $550 million – $400 million worth of consumer relief and $150 million in cash – that will be allocated to New York State.

Halal tourism’ emerges as businesses serve Muslim travelers Walli Datoo, co-founder of Halalnivore, an online gourmet halal meat delivery service, predicts there is more growth in the market as the Muslim. travel market is growing year-on-year. In recent.

This CoreLogic report tells you 3 things about home affordability. But here are the three things the CoreLogic report says now about home affordability: 1. Crash rebound

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Wave 2 Q6 says 4.4% + 6.1% + 3.3% = 13.8% want the Occupy movement to continue, while 42.0% + 8.9% + 28.3% = 79.2% want it to stop. This is where the 80% comes from. But HKU-POP decided not to ask Q6 in Wave 3 for whatever reason.

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The haircuts given to the peripheral sovereign debt when a Greek default occurs will cause an ugly reaction in the financial markets. Huge liquidity infusions from the ECB (and likely the Fed) will be required. Morgan Stanley says that 140 billion in new capital is needed, but I have seen estimates as high as 800 billion.

From CoreLogic: shadow inventory jumps More Than 10 Percent in One Year, Pushing Total Unsold Inventory to 6.3 Million Units Click on graph for larger image in new window. This graph from CoreLogic shows the breakdown of "shadow inventory" by category.

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