Mortgage Performance: Loan Performance Insights Report Highlights November 2017
Delinquencies Remain Elevated in Hurricane-Affected Areas The National delinquency rate fell slightly year over year in November Florida had the highest delinquency rate in November Miami’s delinquency rate the highest among 10 largest metros in November In November 2017, 5.1 percent of home mortgages were in some stage of delinquency, down from 5.2 percent a […]
Transforming Complex Challenges into Novel Opportunities
CoreLogic Hosts Second Annual Federal User Group Data Symposium On January 16, CoreLogic hosted the second annual Federal User Group Data Symposium in Washington, D.C. The daylong event featured some of the nation’s leading data experts in housing, mortgage, and finance who explored the latest market trends, the forces driving them, and the role data […]
Videos: U.S. Economic Outlook February 2018
Single-family Rental: Rent and Vacancy Dynamics – Metros with low vacancy rates have faster rent growth The single-family rental stock has grown by more than one-third over the past decade, and today there are as many rental homes in single-family properties as there are in large rental apartment buildings. While there has been a growing […]
Audio: Home Price Index Audio Clip December 2017
The CoreLogic Home Price Index ended 2017 with strong gains. The December HPI rose 6.6 percent from a year ago, and the full-year 2017 HPI was up 5.9 percent over the full year 2016. The HPI returned to the 2006 peak in October, and prices in 35 states have completely recovered losses from the housing […]
Property Valuation: Home Price Index Highlights December 2017
Washington, Nevada, Utah and Idaho Continue to Post 12-Month Price Gains of 10 Percent or More in December National prices increased 6.6 percent year over year. Home prices forecast to rise 4.3 percent over the next year. Home prices rose 5.9 percent for full year 2017. National home prices increased 6.6 percent year over year […]
Housing Trends: Where Did Homebuyers Want to Buy in the Washington, D.C. Area in 2017
Data Shows a Net Outward Migration from Core to More Affordable Adjacent Counties The CoreLogic Loan Application Database offers a unique opportunity to analyze the most recent homebuyer mobility and migration trends. Based on the data, among the Washington, D.C. Area residents who applied for home-purchase mortgage loans during 2017, about 53 percent applied to […]
Videos: US Economic Observations January 2018
Low-End Single-Family Rent Growth Outpaces High-End – Rents Effected By Same Pressures As Home Purchase Market It is well known that there are affordability issues in the home purchase market, but there is less information on the single-family rental market, which makes up one-half of residential rentals. The CoreLogic Single Family Rental Index reflects rents […]
Housing Trends: Informing (and Transforming) the Industry
CoreLogic and Office of the Chief Economist Identify Trends to Watch in 2018 Led by Executive and Chief Economist Dr. Frank Nothaft, the Office of the Chief Economist (OCE) at CoreLogic frequently delivers analysis, commentary and forecasting trends in global real estate, insurance and mortgage markets, through keynote speeches at sponsored events and moderated panels, […]
Mortgage Performance: Its Time To Focus On the Underwriter
Improving income verification and calculation by leveraging digitized data and technology One of the big stories in 2017 has revolved around the innovations at the front-end of the digital mortgage experience. New point of sale (POS) solutions have made significant headway in taking the pain and hassle out of applying for a mortgage. Lost in […]
Housing Trends: More Than A High Appraisal
Homes appraised above contract price had above-market appreciation rates For homebuyers, the outcome of appraisal is one of these three scenarios: (1) appraised value closely matches sales price, (2) appraisal falls short of sales price or (3) appraisal is higher than sales price. If a home sells for less than its appraised value, does that […]
