Tag Archives: CoreLogic

edfin reports that pending home sales fell more than 50% in three Florida metros hit hardest by Hurricane Ian, with new listings slumping in all three metros as well.

The MBA reports that nationwide forbearance volume continues to drop, however the impact of Hurricane Ian may change that trend as servicers continue to report on the devastation from the storm.

A new analysis by Redfin has found that 62% of those planning to buy or sell a home are reluctant to relocate to a place at risk of natural disasters.

CoreLogic’s latest examination of total flood and wind losses increases in the aftermath of Hurricane Ian, as uninsured residential flood loss alone is estimated in the $10-$17 billion territory.

New offering will help identify properties impacted by natural disasters, while mitigating portfolio risk from future climate-related events.

CoreLogic has released the CoreLogic Home Price Index (HPI) and HPI Forecast for August 2022, showing home prices nationwide —including distressed sales— increased year-over-year by 13.5%; the lowest year-over-year appreciation recorded since April 2021, partially reflecting cooling buyer demand due ...

Areas with a higher risk of flooding are seeing an increase in the rate of mortgage application denials and withdrawals, while risks associated with other climate events are having little impact on mortgage lending in those areas.

For the 16th consecutive month, mortgage delinquencies slid month-over-month in July, however continued inflationary concerns by homeowners is proving increasingly difficult for them to make their monthly mortgage payment.

President Biden has issued a major disaster declaration for several Florida counties, after an estimated $22-$32 billion in wind losses for residential and commercial properties due to Hurricane Ian.

CoreLogic estimates that residential and commercial property loss from Hurricane Ian’s wind and storm surge damage will make it the costliest storm to hit the Sunshine State since Hurricane Andrew in 1992.