The Standard & Poor’s CoreLogic Case-Shiller Home Price Indexes reported modest home price increases in May, showing a stable trend amid recent market volatility.
Tag: CoreLogic
CoreLogic: Mortgage Delinquencies Hit Downslope
CoreLogic, Irvine, Calif., said April early stage mortgage delinquencies jumped to levels that exceeded even those during the Great Recession.
CoreLogic: Summer Home Price Cooldown on the Way
CoreLogic, Irvine, Calif., said home prices rose strongly in May, but warned that the effects of the coronavirus and subsequent economic downturn could send home price tumbling over the summer.
Industry Briefs July 7, 2020
CoreLogic, Irvine, Calif., launched OneHome, a virtual, collaborative platform for real estate agents and their clients looking to buy, sell or make improvements to a home. Following a launch with Ohio-based Yes-MLS, OneHome is expected to be nationally available by the end of 2020 to the more than 850,000 real estate agents in North America who currently use CoreLogic’s multiple listing platform.
CoreLogic: Pandemic Hits Single-Family Rent Prices
CoreLogic, Irvine, Calif., said single-family rent growth slowed to its lowest level in years during April as unemployment reached its highest level in 80 years.
Industry Briefs
Stewart Information Services Corp., Houston, acquired United States Appraisals. Stewart said the acquisition strengthens its digital real estate services offering in appraisal and valuation management and enhances its existing title insurance, settlement services, appraisal/valuation and other real estate services.
CoreLogic: Borrowers Gain $6 Trillion in Home Equity Since End of Great Recession
CoreLogic, Irvine, Calif., said U.S. homeowners with mortgages—representing 63% of all properties—have seen their equity increase by 6.5% year over year, representing a gain of $590 billion since 2019.
CoreLogic: Delinquencies Stay Low Despite Pandemic Impact
CoreLogic, Irvine, Calif., said its analysis of March mortgage delinquencies and foreclosures found despite the early impact of the coronavirus pandemic, delinquencies remained relatively low.
2020 Storm Surge Forecast Sees 7.4 Million Residences at Risk
Okay, just to recap: So far in 2020, we’ve had the COVID-19 pandemic; partial collapse of the U.S. economy; no spring home buying season; dam breaches in Michigan; one of the busiest tornado seasons this decade; and, God help us, “murder hornets.” Now it’s June, and the official start of North American hurricane season.
CoreLogic: Home Prices Hold Steady
CoreLogic, Irvine, Calif., said its Home Price Index showed nationally, home prices increased by 5.4% from a year ago. From a month ago, home prices increased by 1.4% from March.