| Dec 21, 2011 11:27AM The Mortgage Bankers Association (MBA) has demonstrated again that the public's perception of the real estate market depends on which side of the closing table they plan to sit. A study entitled "The Great Recession and Attitudes Toward Homebuying " sponsored by MBA's Research Institute for Housing America (RIHA) concluded that prospective homebuyers believe now is a good time to buy, given today's low home prices and low mortgage interest rates , but potential sellers are nearly unanimous in reporting... Dec 21, 2011 4:04PM According to data reported on Wednesday by CoreLogic, the residential shadow inventory as of October stood at 1.6 million housing units, a supply of 5 months. This was relatively unchanged from figures in July. In October 2010 the inventory was an estimated 1.9 million units, a 7 months' supply. CoreLogic said that the flow of new seriously delinquent loans into the shadow inventory has been offset by the roughly equal sales flow of real estate owned and short sales . Some 3 million distressed homes...
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