Items Tagged with 'CoreLogic'

ARTICLES

  • NAHB: Most homeowners now view housing market’s affordability problem as a crisis

    Expert says the crisis is mostly harming the nation's middle- and low-income households
    As housing affordability continues to be a cause of concern for the nation’s homeowners, a report from the National Association of Homebuilders indicates 80% of American households now perceive the problem to be a crisis. Additionally, the company claims that 75% of households report housing affordability to be a problem at both the state and local level.
    Read More
  • LendingTree: This is how a foreclosure really impacts a borrower's pursuit of homeownership

    In 2018, there were more than 600,000 American homes in foreclosure
    In order to determine the long-term damage of foreclosures, LendingTree conducted a study to assess how credit scores trend following a default, and how lenders loan to borrowers with a foreclosure listed on their financial records. According to their findings, foreclosed-borrowers tend to face more financial obstacles than their counterparts when reentering the housing market. 
    Read More
  • CoreLogic: Lack of housing inventory drives home prices up 3.6% in July

    The company projects home prices to increase by 5.4% come July 2020
    In July, home prices climbed by 3.6% from the previous year, according to CoreLogic's latest Home Price Forecast. CoreLogic's Chief Economist Frank Nothaft said if the nation's interest rates continue to fall and incomes rise further, then the company expects home-price growth will strengthen over the coming year.
    Read More
  • CoreLogic: Home-price gains will pick up speed

    U.S. annualized home prices probably will jump 5.4% by July 2020, according to forecast
    Home-price gains will pick up speed in the coming year, with a 5.4% jump in the 12 months following July 2019, according to a forecast from CoreLogic. That would be a faster pace than the 3.6% annualized increase seen this July, CoreLogic said. Low mortgage rates coupled with a scarcity of inventory are driving the increase, the data firm said.
    Read More
  • From HW Magazine

    CoreLogic adds collateral solution to AutomatIQ suite

    AutomatIQ Collateral provides clients with deeper data insights on property
    CoreLogic launched its AutomatIQ Suite of Digital Mortgage Solutions last year. The underwriting solution is designed to help lenders streamline their current mortgage workflows, and now includes both AutomatIQ Borrower and AutomatIQ Collateral.
    Read More
  • Fannie Mae, Freddie Mac offering financial assistance to those in Hurricane Dorian's path

    The Category 4 hurricane is expected to hit Florida this weekend
    Hurricane Dorian is forecasted to slam the Florida coast this weekend as a Category 4 hurricane. As Florida prepares for Hurricane Dorian's wrath, Freddie Mac, Fannie Mae and Department of Housing and Urban Development are offering relief services for those affected.
    Read More
  • Case-Shiller says home-price gains have slowed to a near 7-year low

    Phoenix reported the highest year-over-year gain among all of the 20 cities
    In June, the nation’s home-price gains experienced an annual increase of 3.1% for home prices nationwide. However, this total sits below the previous month's pace of 3.3%, according to the Case-Shiller Home Price Index from S&P Down Jones Indices and CoreLogic. S&P Dow Jones Indices Director and Global Head of Index Governance Philip Murphy said although home price gains continue to trend down, they may be leveling off to a sustainable level.
    Read More
  • Southwest sees fastest single-family rent increase

    Phoenix was the top city for rent growth
    Last month, we reported that Phoenix led the nation in multifamily rent growth. Now, according to a recent report from CoreLogic, single-family homes are following suit as rent prices are increasing the fastest in the Southwest. Phoenix had the highest year-over-year rent growth for the seventh consecutive month this June, with an increase of 7.1%.
    Read More
  • CoreLogic: Declining foreclosure rates highlight the nation's strong job market

    In May, delinquency rate falls 0.6% on an annual basis
    The national mortgage delinquency rate declined in May, according to the latest Home Price Index report from CoreLogic. According to the report, nationally, 3.6% of mortgages remained in some stage of delinquency in May.CoreLogic Chief Economist Frank Nothaft said growth in family income and home prices continues to support low delinquency rates.
    Read More
  • Apathetic home sales dampen price growth

    Home prices are still rising, but at a much slower pace
    Home prices are continuing to appreciate, just not as rapidly as before. Prices rose by 3.4% in June from the year before, according to the latest data from CoreLogic. CoreLogic Chief Economist Frank Nothaft said apathetic home sales are to blame. "Tepid home sales have caused home prices to rise at the slowest pace for the first half of a year since 2011," Nothaft said.
    Read More