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Foreclosure 'Shadow Inventory' Disappears. Las Vegas,NV Real Estate Inventory Shrinks

David Cooper http://www.lasvegaswinner.org FEWER FORECLOSURES

Discovery Bay, Calif.-based foreclosure listing service ForeclosureRadar.com reported REO inventory of 3,825 for Clark County in December, down from a peak of 15,669 in May 2011. Homes in preforeclosure, or those that have received a notice of default but have not yet been scheduled for sale, fell to 12,469 in December after running as high as 47,550 in August 2010, ForeclosureRadar.com said.  READ MORE http://tinyurl.com/bj7bgfs

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