The Department has issued federal disaster relief to the state of Hawaii, with nearly 3,100 single- and multifamily residential properties with a combined reconstruction value (RCV) of $1.3 billion located within three preliminary wildfire perimeters on the island of Maui.
Read More »Building Codes Could Help Reduce Physical and Financial Risk
Can modern building codes protect homeowners and insurance companies from physical and financial risk after a disaster? Click through to learn more.
Read More »Home Prices Rise Nationally for Sixth Straight Month
“While the continued imbalance between buyers and sellers continues to pressure home prices, June’s annual bump in price growth echoes economic resiliency, a thriving U.S. job market, and strong consumer spending,” said Selma Hepp, CoeLogic Chief Economist.
Read More »These States Topped Overall Mortgage Delinquency Rates as National Rate Declines
After the addition of nearly four million jobs nationwide in the last year, CoreLogic reports that a solid job market continues to help borrowers pay their mortgages on time, pushing the overall mortgage delinquency rate to a historic low in May.
Read More »Wildfire Impacts on California Property Values
Properties in California in high probability areas for wildfires experienced much slower appreciation than other properties in safer areas.
Read More »Investor Purchases Propel the SFR Market
A new study from the Harvard Joint Center for Housing Studies details eight key traits the single-family rental market has exhibited over the past two decades, highlighting the importance of this market to the nation’s housing supply.
Read More »Banks to Combine Adverse Climate Scenarios and Market-Recognized Metrics
In a first for American financial institutions, large banks must report their exposure to climate change by July 31.
Read More »Annual U.S. Rent Growth Continued to Ease in May
While concerns surrounding affordability and economic uncertainty continue to slow overall homebuying activity, a new report from CoreLogic showed annual single-family rent growth returned to pre-pandemic rates in May.
Read More »Home Insurers Continue to Grapple With Changes in Weather Patterns
As population growth in catastrophe-prone regions such as Florida, California, and Texas continues, the geographic concentration risk that insurers face continues to compound, according to a new CoreLogic analysis.
Read More »Home Appreciation Dips to 11-Year Low
Annual home appreciation relaxed, but CoreLogic predicts that the market will “start regaining steam” later this year.
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