Items Tagged with 'Residential Property'

ARTICLES

  • CoreLogic: 1 million borrowers regained equity last year

    Number of underwater homes increases 2.9% quarterly
    Last year was a positive year for homeowners, with approximately 1 million borrowers regaining equity in 2015. As a result, the total number of mortgaged residential properties with equity at the end of the fourth quarter of 2015 reached 91.5% of all mortgaged properties.
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  • For Housing, an October to Forget

    Housing markets in key major metropolitan areas endured their worst Oct. in at least eight years -- and perhaps longer, as the number of distressed property sales managed to push recorded home prices downward further and a number of key MSAs saw sales volume drop sharply. According to a report from New York-based real estate data and analytics firm Radar Logic, Inc., released Tuesday morning, home prices and sales volumes decreased more in Oct. 2008 than in any other Oct. since the company's data set began in Jan. 2000.
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  • Radar Logic Rolls out Manhattan Home Price Indices

    Radar Logic Inc. said Tuesday morning that it had began publishing daily residential price indices for eight Manhattan neighborhoods: Upper West Side, the Upper East Side, Midtown/Clinton, Murray Hill/Gramercy, Chelsea/West Village, East Village/Lower East Side, SoHo/Tribeca and the Financial District. The indices are the first to track a locale at the neighborhood level, in HousingWire's view.
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  • Foreclosures, Seasonality Weighing Down Home Prices: Report

    Home price declines now being observed in many housing markets reflect a historically-recurring mid-summer lull and the sometimes-extreme pressure being exerted on many markets by a growing number of foreclosures, according to data released Thursday by Radar Logic Inc., a New York-based data and real estate analytics firm.
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  • Housing's Recovery Won't Arrive Until 2011: Report

    (Update 1: clarified that recovery estimate is not Radar Logic-generated) A report released Tuesday afternoon by property information firm Radar Logic Inc. suggests that borrowers may be waiting much longer than some have suggested to see recovery in much of the U.S. housing market. How long? Try 2011.
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  • Foreclosures, REO Pressuring Home Prices in Many Key Markets: Report

    As REO listings flood key local housing markets throughout the nation, it's clear that the glut of bank-owned real estate is not only building up overall inventory, but also pushing down prices as well. A new report Friday from real estate analytics firm RadarLogic confirms that trend: in 25 tradeable MSAs, only three markets showed price increases during Febraury, and 22 showed declines on a year-over-year basis; however, ten MSAs posted price increases from January to February, and nine of those still show a positive 30-day trend.
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  • A Needle in a Haystack: Where's the Good News on Housing?

    There is plenty of bad news on housing, at least transactionally, right now -- prices are down, sales volume is down, inventories remain far too high. And that shouldn't be surprising, given that we're in the middle of one of the worst downcycles for real estate in our nation's history. A report released yesterday by real estate analytics firm RadarLogic highlighted continued problems for housing in January: out of 25 major MSAs studied, only two -- Charlotte, NC and New York -- remained in positive pricing territory on a yearly comparison basis.
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