Mortgage Performance: Loan Performance Insights Report Highlights March 2017
Mortgage Delinquency Rate Falls to a 10-Year Low Early-stage delinquencies fell to the lowest level recorded back to January 2000 The current-to 30-day transition rate decreased in March 2017 from a year earlier North Dakota had the lowest delinquency rate of any state In March 2017, 4.4 percent of home mortgages were in some stage […]
Property Valuation: Borrower Equity Update First Quarter 2017
Homeowner Equity Has More Than Doubled in Five Years National share of homes with negative equity fell to 6.1 percent in Q1 2017. All states saw a decrease in negative equity share over the past year. Nevada saw the largest improvement in the negative equity share over the past year, falling 4.6 percentage points. The […]
Audio: Home Price Index Audio Clip April 2017
The CoreLogic HPI for April 2017 showed that national home prices appreciated 6.9 percent from a year ago and were just 1.9 percent below the 2006 peak. Washington state led the nation in home price gains, growing by 12 percent from a year ago. While all price segments saw increases, those homes with a lower […]
Property Valuation: Home Price Index Highlights April 2017
National Home Prices Near All-Time (Nominal) High Home prices forecast to rise 5.1 percent over the next year. Prices in 28 states have risen above the pre-crisis peaks and prices in 10 states are within 5 percent of their pre-crisis peaks. Adjusting for inflation, home prices are still 17.4 percent below their peak. National home […]
Property Valuation: A Report Card for Commercial Building Construction
Why the Class of Construction is Significant If you think back to when you were in school, many of you would remember receiving a report card based on your intelligence, performance, participation, attitude and other measurable factors, which would help evaluate how you were doing as a whole, and see where you could improve. Similarly, […]
Natural Hazard Risk: Nearly 6.9 Million US Homes at Risk of Hurricane Storm Surge Damage
Total Reconstruction Cost Value is More Than $1.5 Trillion It’s no surprise that residential homes in the U.S. located along the Atlantic and Gulf coasts are susceptible to damage from storms and hurricanes, and data shows that potential damage from a single hurricane could exceed well beyond a billion dollars. However, the risk of storm […]
Housing Policy: Whats Next for Home Appraisals
A Sunset Seminar with CoreLogic and the Urban Institute In April, CoreLogic partnered with the Urban Institute to co-host an evening seminar focused on the future of home appraisals. The event was the 11th in the Sunset Seminar series, sponsored by CoreLogic and the Urban Institute and focused on public policy thought leadership relevant to […]
Natural Hazard Risk: Hail Verification Closer to Ground Truth
Superior Data In. Superior Results Out. Thunderstorms are some of the most dynamic phenomenon on earth, and result in a variety of hail sizes from the size of a pea, to larger than softballs. In addition to the inconsistency in size, the hail fall often varies over short geographic distances. Every year, hail damage is […]
Housing Policy: Driving the Conversation
CoreLogic and Office of the Chief Economist Off to Busy Start in 2017 Led by Senior Vice President 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 […]
Videos: U.S. Economic Outlook May 2017
Mortgage Market Evolves: More Purchase & HELOCs, Less Refinances: Less single-family refinance in 2017 as mortgage rates remain higher than a year ago Mortgage originations are affected by economic growth and the level of mortgage rates. Economic growth is expected to be stronger in 2017 than last year, which creates jobs, income, and additional construction, […]
