Housing shouldn’t look at any color but the color of money

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros

Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Nat Hardwick allegedly used funds for private jets, gambling
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Items Tagged with 'CoreLogic'

ARTICLES

CoreLogic: Far fewer foreclosures coming to market

Down by more than one-third
Jacob Gaffney
The monthly foreclosure report is out from mortgage data and analytics provider CoreLogic. And for those who rely on a healthy foreclosure pipeline to sell property, the results show yearly inventory is down by more than one-third.
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Cash sales drop to lowest level since May 2010

Continues 18-month streak of year-over-year decreases
Ben Lane
May’s cash sales were down from April, when 36.9% of the sales were all-cash, and down from May 2013, when cash sales made up 37.4% of the total home sales, according to a new report from Corelogic.
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BofAML: Home price slowdown is snapback from outsized gains

Past three months had the first negative MoM returns since Dec. 2011
Trey Garrison
Bank of America Merrill Lynch believes that Tuesday’s report from CoreLogic on the general slowdown in home price gains is more the pendulum swinging back from outsized gains than a general weakness.
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Home price gains slow to 7.5% as forecast calls for further decline

CoreLogic reports strong Michigan, California gains offset general slowdown
Trey Garrison
Home prices nationwide, including distressed sales, increased 7.5% in June 2014 compared to June 2013, reflecting a general slowdown that continues and will worsen through June 2015.
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CoreLogic: Foreclosure inventory tumbles 35%

But don't celebrate just yet
Brena Swanson
"While 32 straight months of year-over-year decline in the foreclosure rate is cause for celebration, the total number of homes still in the foreclosure process remains almost four times as high as the average in the early 2000s," said Mark Fleming, chief economist for CoreLogic.
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4 factors weighing down housing in the second half of 2014

Will housing collapse?
Tom W. Showalter
There is some division in the industry on whether housing will continue to recover going into the second half of 2014. There are some bright spots, but three market segments in particular are a concern.
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CoreLogic slashes 2014 mortgage origination estimate by 10%

Still reports revenue growth of 13%
Ben Lane
CoreLogic’s second-quarter revenue increased to $349.4 million, which was also up 0.4% from 2Q13. The company said that the increase was “despite an estimated 50% contraction in U.S. mortgage volumes.”
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Home price growth continued to cool in May

CoreLogic: Even higher-end homes showing weakness
Trey Garrison
Home prices rose just 0.4% in May from the previous month, the Federal Housing Finance Agency reported Tuesday, continuing the rapid cool down in price appreciation in the housing market.
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Is this why 3.6 million ready homeowners aren’t selling in 2014?

One in three current mortgage holders have a rate below 4%
Trey Garrison
The problem for one in three homeowners is that selling and then buying means surrendering a dynamite mortgage interest rate, which means even if the home they want to buy is about the same price, they end up paying much more per month.
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NAR: One chart shows widening affordability gap

Home prices keep trending higher
Brena Swanson
Housing affordability is taking a giant hit as home prices continue to rise, and this chart shows just how severe the decline is.
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