Items Tagged with 'CoreLogic'

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CoreLogic: Cash sales hit record low in June

Hits below 30% for first time since 2007
Cash sales hit a new mark-they decreased to below 30% of total market sales for the first time since 2007. They still have some work to get to the pre-crisis average, which it will reach by mid-2018 if the decrease continues at its current rate.
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Case-Shiller results barely miss housing-boom high

Home prices increasing annually, but flat from June
Home prices rose yet again in July, and while not quite as fast as June’s pace, it did come less than a percentage point away from July 2006’s all-time high. Home prices in three cities continue to increase faster than any other city.
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Mortgage fraud rising most in low-downpayment loans

CoreLogic: Today's fraud takes "a lot of time" to uncover
The new low down payment programs launched as a way to loosen up the credit box for first time homeowners since the credit box tightened significantly after the financial crisis.But as the credit box loosens, the risk of mortgage fraud heightens, as seen in the report. There needs to be a balance.
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Rising home prices wage war against negative equity

Underwater homes decrease 19%
CoreLogic’s new report shows that negative equity continues to plummet as home prices rise across the nation. While some homes hold less than 5% of equity, that may not be a problem any time soon as CoreLogic expects home prices to keep rising.
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CoreLogic: Foreclosure inventory plummets in July

Decreases nearly 30% from last year
Foreclosure inventory deceased significantly in July, falling nearly 30% from last year. Completed foreclosures and delinquencies are also down in almost every state, and judicial states continue to work through their large amount of foreclosure inventory.
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CoreLogic: Home prices still up, but leveling off

Increase 6% annually in July
Home prices increased in July, and will continue to increase into next month and even next year, according to a new report from CoreLogic. That being said, there is still some evidence of a slow-down going forward. Here's a look at home prices now, and projections for the future.
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