Our story so far: high demand for housing, coupled with near record-low inventories, results in double-digit annual home price growth. CoreLogic, Irvine, Calif., is the latest to confirm the trend.
Tag: Frank Nothaft
1Q Homeowner Equity Gains $1.9 Trillion
Corelogic, Irvine, Calif., said “underwater” (negative equity) homes decreased by 24% year over year in the first quarter, while the average homeowner gained $33,400 in equity year over year.
CoreLogic: Strong Improvement in U.S. Mortgage Delinquency Rates
CoreLogic, Irvine, Calif., said just 4.9 percent of all mortgages in the U.S. were in some stage of delinquency, the lowest rate in more than a year.
CoreLogic: Home Prices Rise at Fastest Pace Since 2006
CoreLogic, Irvine, Calif., said sparse inventory and high demand placed upward pressure on home prices, leading to a third straight month of double-digit percentage growth.
CoreLogic: Mortgage Delinquency Rates Level Off in February
Despite a small uptick in overall delinquencies, serious delinquencies continued to decrease, CoreLogic, Irvine, Calif., reported this morning.
CoreLogic: Millennial Demand Pushes Home Prices to Highest Annual Growth in 15 Years
CoreLogic, Irvine, Calif., reported its monthly Home Price index recorded an 11.3% annual gain in March, the highest rate since March 2006.
CoreLogic: Annual Mortgage Delinquency Rate Drops for 5th Straight Month to 10-Month Low
CoreLogic, Irvine, Calif., said while mortgage delinquencies rose month over month in January, overall delinquency rates fell for the fifth straight month to the lowest level since last March.
CoreLogic Home Price Index Reaches 15-Year High
CoreLogic, Irvine, Calif., said supply constraints and buyer demand pushed its monthly Home Price Index to a 15-year high in February.
Home Equity Continues to Soar: Homeowners Gained $1.5 Trillion in 2020
CoreLogic, Irvine, Calif., said U.S. homeowners with mortgages saw their equity increase by 16.2% year over year, representing a collective equity gain of more than $1.5 trillion, and an average gain of $26,300 per homeowner, from a year ago.
‘In High Gear:’ Annual U.S. Home Price Appreciation Reaches Double Digits
Add the CoreLogic Home Price Index to the growing Double-Digit Price Growth Club. The company’s monthly index showed nationally, home prices increased by 10 percent annually in January.