CoreLogic, Irvine, Calif., said supply constraints and buyer demand pushed its monthly Home Price Index to a 15-year high in February.
Tag: Frank Nothaft
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.
CoreLogic: November Mortgage Delinquency Rates at 11-Month Low
Ahead of this Thursday’s 4th Quarter National Delinquency Report from the Mortgage Bankers Association, CoreLogic, Irvine, Calif., said new November mortgage delinquencies fell below pre-pandemic levels and, while serious delinquencies fell to their lowest levels since June.
No Let-Up: 2020 Home Price Appreciation Outpaces 2019 by 50%
The U.S. housing market exceeded expectations in 2020, pricewise, said CoreLogic, Irvine, Calif., closing out the year with the highest annual home price gain—9.2%—since February 2014.
CoreLogic: Mortgage Delinquencies Rise, But Pace Moderates
CoreLogic, Irvine, Calif., said on a national level, 6.1% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in October, a 2.4-percentage point increase from a year ago, when it was 3.7%.
No Letup in Home Price Gains; CoreLogic Reports 8.2% Annual Growth
CoreLogic, Irvine, Calif., said its November U.S. Home Price Index saw its largest annual appreciation since March 2014. The report said nationally, home prices increased by 8.2% in November from a year ago. On a month-over-month basis, home prices increased by 1.1% from October.
Home Equity Reaches Record High: Homeowners Gained $1 Trillion in 3Q Equity
CoreLogic, Irvine, Calif., said U.S. homeowners with mortgages saw their equity increase by 10.8% year over year in the third quarter—a collective equity gain of $1 trillion and an average gain of $17,000 per homeowner.
CoreLogic: Serious Delinquencies Level Off in ‘Positive Signal’
CoreLogic, Irvine, Calif., said its monthly Loan Performance Insights Report for September showed a leveling off of serious loan delinquencies, a “positive signal” that the housing finance industry is thus far adjusting to the pandemic-induced economic downturn.
‘Gaining Momentum’: October Annual U.S. Home Prices Up 7.3%
CoreLogic, Irvine, Calif., said home prices increased by 7.3% in October from a year ago, marking the fastest annual appreciation since April 2014.