Morning Minute: Morgan Stanley analysts see 35 percent dip in U.S. shadow inventory since peak

Morgan Stanley analysts say the supply of shadow inventory, the backlog of homes expected to be sold after being in foreclosure, has dipped 35 percent from the peak two years ago, the HousingWire reports.

More news headlines:

REALTORS® Against Homelessness collect food for the needy (Daily Herald)

Mortgage rates and records continue to fall (Chicago Tribune)

New home sales drop, but up for year (CBS News)

 

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About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.