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Home | Tag Archives: CoreLogic

Tag Archives: CoreLogic

CoreLogic: Student Loans Not Depressing Home Ownership

home-for-sale-five

One of the pet reasons for explaining the lack of demand for houses among millennials is the presence of ever-escalating student loan debts. The thinking goes that college graduates are so mired in debt that they either cannot afford to buy or are too afraid to run up more debt, and so they stay living with their parents or find cheap places to rent.

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Foreclosures Down Again in May

foreclosure-sign

Corelogic reported on Tuesday that 47,000 foreclosures had been completed in May, a year-over-year decrease of 9.4 percent from May of 2013.As of May, about 660,000 homes, 1.7 percent of all homes with a mortgage, in the United States were in some stage in the foreclosure process. While still large number, it represents a 37 percent decrease from May of 2013 when the foreclosure inventory topped one million homes.

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Home Price Increases Decelerate Again

home-price-decline

One of the country's leading home price measures continued to push up in May, though gains have now slowed to a single-digit annual pace. CoreLogic reported an 8.8 percent year-over-year increase in its May Home Price Index (HPI), marking 27 straight months of annual improvement. As of the latest report, half of all states and the District of Columbia are now at or within 10 percent of their peak home price appreciation.

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312,000 Properties Regain Equity in Q1 2014

foreclosure

CoreLogic released an analysis of residential properties in the first quarter of 2014, focusing specifically on homes with negative equity. The company found that more than 300,000 homes returned to positive equity in the quarter, bringing the total number of mortgaged residential properties with equity to more than 43 million.

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Home Prices Continue Upward Climb in April

In its latest Home Price Index, CoreLogic reported that home prices continue to rise across the nation, with more increases to come in 2015. The company reported that home prices increased 10.5 percent in April from the previous year, including distressed sales. The company projects home prices will continue to increase by 1.0 percent month-over-month in May.

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REO Inventory Rising Again

The number of REO properties increased to 430,000 as of March 2014, according to a new blog post by CoreLogic’s Sam Khater. March's figure reflects an increase of 15 percent from the low point of REO inventory in August 2013, when properties totaled 375,000.

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Case-Shiller Index: Home Prices Increase in Q4 2013

CoreLogic released Tuesday its own quarterly Case-Shiller Indexes, assembled using the company’s proprietary data supplemented with statistics from the Federal Housing Finance Agency (FHFA). With 2014 nearing its halfway point, a broad spectrum look at more than 380 markets nationwide confirms home prices jumped 11.3 percent in 2013’s final quarter compared to the year prior.

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Home Prices Jump 1.4% in March

Despite a lackluster Spring that went against analyst's projections, CoreLogic's Home Price Index reported that home prices, including distressed and non-distressed sales, still rose from February to March by 1.4 percent. Without distressed sales, the HPI still reflected positive gains for the month, up 0.9 percent month-over-month.

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