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Blog Entries by Frank Nothaft

CoreLogic Chief Economist Perspective- July 2015

Rental Remains Robust

Frank Nothaft    |    Housing Trends, Videos

CoreLogic Chief Economist Perspective- July 2015

A vibrant rental market has been an outgrowth of the Great Recession and housing market crash. Apartment vacancy rates are down to their lowest levels since the 1980s, rental apartment construction is the most robust in more than 25 years, rents are up, and apartment building values are at or above their prior peaks. But the rental market is more than just apartments in...

Chief Economist Update: June 2015 Economic Outlook

Home Sales on an Upswing

Frank Nothaft    |    Housing Trends, Videos

The overall economy has provided mixed signals on its performance so far this year, but one thing is clear: Home sales are off to a brisk start through April. We expect house prices in our national index to be up about 5 percent in the next 12 months, and mortgage rates are likely to move higher over the next year.

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Strong Economic Growth To Propel US Housing Market in 2015

Low Rates, Job Growth will Likely Support Increases in Household Formations, Home Sales and Home Prices

Frank Nothaft    |    Housing Trends

The U.S. economy is poised to grow by close to 3 percent in 2015, generating a 3- to 3.5-million-person gain in employment. This job growth, coupled with very low mortgage interest rates and some easing in credit access, is expected to propel both owner-occupant and rental housing activity this year. This heightened level of housing demand should translate to the best home sales market in...

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