Mortgage Performance: Foreclosure Report Highlights November 2016
The Foreclosure Rate in Non-Judicial States Is Now Back to Pre-Crisis Levels The November 2016 foreclosure inventory was 79.2 percent below the January 2011 peak. The inventory of mortgages in serious delinquency fell 22.1 percent year over year in November 2016. Wyoming was the only state to experience a year-over-year increase in its serious delinquency […]
Housing Trends: Where Are Residents in Los Angeles and Orange Counties Buying Homes
Net Outward Migration from Los Angeles County to Orange County In the last blog on recent trends in homebuyer mobility we found that high housing prices in two Northern California counties (San Francisco and Alameda) had been a principal cause of people moving to counties with lower home prices.[1] There was net outward migration from […]
Housing Policy: Youre Hired!
New Faces in the Trump Administration The catchphrase “You’re Fired!” was made popular on President-elect Donald Trump’s reality television show The Apprentice, and in many ways it is still synonymous with both the show and the Trump brand. These days however, President-elect Trump is more concerned with who is being hired. When a new president […]
Property Valuation: Home Price Index Audio Clip November 2016
National Home Prices Increased 7.1 Percent Year Over Year in November 2016 Home prices forecast to rise 4.7 percent over the next year. Oregon had the highest appreciation of all states in November, up 10.3 percent year over year. Adjusting for inflation, home prices are still 18.6 percent below their peak. Get The Full […]
Property Valuation: Home Price Index Highlights November 2016
National Home Prices Increased 7.1 Percent Year Over Year in November 2016 Home prices forecast to rise 4.7 percent over the next year. Oregon had the highest appreciation of all states in November, up 10.3 percent year over year. Adjusting for inflation, home prices are still 18.6 percent below their peak. National home prices increased […]
Mortgage Performance: Conforming Loan Limit to Rise for First Time in Many Years
But ‘Jumbo inversion’ means conforming still more expensive for borrowers The Federal Housing Finance Administration has confirmed there will be a new conforming loan limit next year. For the first time in a decade, the loan limit will increase, from $417,000 to $421,400. What will the effect of this one percent plus rise be? Maybe […]
Housing Trends: Heres What Was On Readers Minds in 2016
Loan Payments, Real Estate Prices, Defaults-Even Millennials What mattered most to top industry executives this challenging year? One way to get a good read on the topics at the forefront of everyone’s minds in 2016 is to look at the top ten blogs on the CoreLogic Insights page for the year. The most-read blog, by […]
Housing Policy: Policy Push
Think Tanks and Trade Groups under a Trump Presidency Policy experts throughout Washington, D.C. spent much of 2016 assuming that a Hillary Clinton presidency was just around the corner. White papers, infographics, and case studies were overwhelmingly aimed at policies and regulations that would fall slightly center-left on the political spectrum, a space the Clinton […]
Housing Trends: Cash and Distressed Sales Update September 2016
Distressed Sales Made Up 7.3 Percent of All Home Sales in September The cash sales share was 31.7 percent in September The distressed sales share fell 2.8 percentage points year over year from September 2015 The real estate-owned (REO) sales share in September was the lowest for any month since August 2007 Cash sales accounted […]
Mortgage Performance: Housing Credit Index Third Quarter 2016
Loans Originated in The Third Quarter Were Higher in Credit Quality Than One Year Ago CoreLogic’s Housing Credit Index (HCI) found mortgage loans originated during the third quarter of 2016 continued to exhibit low credit risk versus the previous quarter and one year earlier. The average credit score for homebuyers increased 5 points between the […]
