Videos: U.S. Economic Outlook November 2017

Home Equity Wealth at New High The latest flow-of-funds data from the Federal Reserve confirmed that home-equity wealth reached a new nominal high this year: $13.9 trillion at mid-2017, $0.5 trillion above the 2006 peak and more than double the $6.0 trillion amount at the trough of the Great Recession.[1]  While several factors will affect […]

Housing Trends: US Single-Family Rents Up 3 Percent Year Over Year in August

San Diego had the highest year-over-year rent growth in August National rent growth decelerated in August 2017 compared with August 2016 Low-end rent growth was almost double high-end rent growth Overall Index Pulled Down By High-End Segment Single-family rents climbed steadily between 2010 and 2016, as measured by the CoreLogic Single-Family Rental Index (SFRI). However, […]

Mortgage Performance: Comparing Performance of Adjustable-Rate Mortgages and Fixed-Rate Mortgages

Today’s ARMs Have Lowest Delinquency Rate In a previous blog, Is the Adjustable-Rate Mortgage Making a Come Back, we learned that adjustable-rate mortgages (ARMs) originated currently have lower credit risk characteristics than ARMs of a decade earlier, and have lower risk attributes than today’s fixed-rate mortgages (FRMs). As an extension to that, this blog explores […]

Housing Policy: Projecting the Path Forward

CoreLogic and Office of the Chief Economist Continue to Offer Insight 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, as well as […]

Housing Trends: Hurricanes and Home Prices

Large Regional Housing Markets Can Withstand Huge Storms The 2017 Atlantic hurricane season will be one of the most active on record. So far, 13 tropical storms have been named and seven of them have grown into hurricanes. Unfortunately, three of those hurricanes – Harvey, Irma and Maria – made landfall in the U.S., causing […]

Housing Trends: Public Listing Comments Can Have an Impact on Closing Price

Some Homes Sell at Higher Prices Than Others for a Reason When a property is listed and sold, its closing price is usually different from its original list price since it is challenging to set a list price, even for an experienced realtor. Besides physical features there are many other factors to be considered: location, […]

Mortgage Performance: Dont Underestimate Your Credit Risk

The Advantages of Using CoreLogic CBSA Level HPI Stress-Testing Scenarios The Federal Reserve’s Comprehensive Capital Analysis and Review program provides Home Price Index (HPI) stress-testing scenarios at the national level but does not include testing at the local metropolitan level. This approach lacks consideration of the substantial heterogeneity of home price cycles at more disaggregate […]

Videos: U.S. Economic Outlook October 2017

Typical “Boom and Bust” Cycles in the Housing Industry It has been more than 11 years since the start of the housing crisis in 2006, and U.S. home prices are nearly back to the peak level they hit in April 2006. Looking at the length of the decline, how far prices fell, CoreLogic has compared […]

Housing Trends: US Single-Family Rents Up 2.9 Percent Year Over Year in July

Overall Index Pulled Down By High-End Segment National rent growth decelerated in July 2017 compared with July 2016 Low-end rent growth was more than double high-end rent growth Phoenix had the highest year-over-year rent growth in July Single-family rents, as measured by the CoreLogic Single-Family Rental Index (SFRI), climbed steadily between 2010 and 2016. However, […]

Mortgage Performance: Loan Performance Insights Report Highlights July 2017

Delinquencies and Foreclosures Decline in July 2017 The U.S. foreclosure rate remained at a 10-year low in July 2017 The current-to 30-day transition rate edged down in July 2017 from a year earlier Denver had the lowest foreclosure rate of the largest metro areas In July 2017, 4.6 percent of home mortgages were in some […]