Follow Insights Blog

CoreLogic

CoreLogic Econ

LATEST CORELOGIC ECON TWEETS

Blog Entries By Sam Khater

A Ripple, Not a Wave

Predicting the Impact from Future HELOC Loan Resets

Sam Khater    |    Housing Trends

The surge in mortgage debt during the mid-2000s was partly fueled by an increase in home equity lines of credit (HELOC) loans as borrowers took advantage of the rapid run-up in home prices to extract equity. Borrowers tapped home equity to supplement their incomes to provide an additional source of liquidity. Part of the reason for the soaring popularity of HELOCs was that unlike the first-lien mortgage market, which is composed primarily of fully amortizing loans, HELOC loans were...

The Long-Term Rise of Condo Sales

Naples, Houston and Denver Are The Three Fastest Growing Condo Markets in the US

Sam Khater    |    Housing Trends

In July we analyzed the normalization of existing condo prices relative to the single-family housing market, which we concluded was a prelude to recovery in prices for the new condo market. But to truly understand what’s happening with condos now and in months or years to come, we have to look at part two of the condo comeback: sales, on their own and as a function of all home sales.

Historical...

Foreclosure Inventory Down 34 Percent Nationally From a Year Ago

New England’s Recovery On Par with the U.S.

Sam Khater    |    Housing Trends

Distressed Inventory Continues to Shrink

Last week CoreLogic reported that the national foreclosure inventory fell by 34 percent year over year in July 2014 to approximately 640,000 homes, or 1.3 percent of all homes with a mortgage, down from 976,000, or 2.4 percent, in June 2013. This marks 33 months of continuous year-over-year declines in the inventory of foreclosed homes, including 18 straight months of declines greater than 20 percent, as shown in Figure 1. Also in July, the 12-month sum of completed foreclosures continued...

Foreclosure Inventory Down 35 Percent Nationally From a Year Ago

Among The Top 3 Foreclosure States, Florida Is Improving the Most

Sam Khater    |    Housing Trends

Today CoreLogic reported that the national foreclosure inventory fell by 35 percent in June 2014 to approximately 648,000 homes, or 1.7 percent of all homes with a mortgage, from 998,000, or 2.5 percent, in June 2013. This marks 32 months of continuous year-over-year declines in the inventory of foreclosed homes, including 17 straight months of declines greater than 20 percent, as shown in Figure 1. Additionally, in June the 12-month sum of completed foreclosures continues to decline,...

The Condo Comeback

What do Michael Phelps, Rosie O’Donnell and the Condo Market Have in Common?

Sam Khater    |    Housing Trends

The Condo Comeback

Though you might hear more about them in the mainstream news, Michael Phelps and Rosie O’Donnell are not the only ones making a comeback these days.  So is the condo market. In Q4 2013, condo construction completions in the U.S. reached 2,100 buildings, up 11 percent from 1,900 in Q4 2012 and up 90 percent from the trough of 1,100 in Q2 2012. While it is still only a small fraction of the 20,000 completions in Q1 2008, it reflects that the condo market has clearly made the turn...

1 | 2 | 3 | 4 | 5 | 6 | Older Entries >>