Valuations

CoreLogic: Housing market nearly recovered from recession

An in-depth look at the real estate economy since 2006
CoreLogic released a report outlining the real estate economy from 2006 to 2017, showing that the housing market has nearly completely recovered from the recent recession. During the recession, home prices fell 33% nationwide, hitting their lowest in March 2011. Since then, home prices have risen once again by 51%. But some states are still struggling to return to their pre-recession price levels.
Read More

Case-Shiller: Are home price increases leveling off?

Increased 6.3% annually in December
Home prices increased in December at a faster pace than the previous month, however, some signs could be emerging to show a leveling off in home price increases. One expert explained within the last few months, there are beginning to be some signs that gains in housing may be leveling off.
Read More

HousingWire launches online career center HousingJobs

New career center dedicated exclusively to the mortgage and real estate market
At HousingWire, we strive to better serve our highly engaged community and our goal is to connect quality candidates with the best opportunities while eliminating the white noise found on all other job search and social platforms. Click to read more about HousingJobs.com, our new online career center created exclusively for mortgage and real estate talent.
Read More

Moody’s: Appraisal alternatives pose new credit risks

Could weaken credit quality of new RMBS
The use of technological alternatives to traditional residential property appraisals is likely to expand in the coming months and years, yet it could bring risk to the mortgage industry, or so says a new report from Moody’s Investors Service. Here’s why.
Read More

Nearly two-thirds of U.S. housing markets see home prices hit all-time high

Housing inventory hits all-time low
The National Association of Realtors reported as housing inventory sank to its all-time low during the fourth quarter, home prices increased, creating all-new highs in many U.S. markets. A majority of the country saw an upswing in buyer interest at the end of last year, which ultimately put even more strain on inventory levels and prices.
Read More

Share of homes in negative equity falls in Q4, despite turbulent hurricane season

But decrease slows to all-time low
The number of underwater homes shrank in the fourth quarter of 2017, despite the turbulent hurricane season. But ATTOM Data Solutions’ report showed while the share of homes with negative equity decreased, it was the smallest annual decline since the company began tracking in the first quarter of 2012.
Read More