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CoreLogic Econ

LATEST CORELOGIC ECON TWEETS

July 2015 U.S. National Home Prices Increased 6.9 Percent Year Over Year

Low-Price tier 6.1 Percent Above Pre-Crisis Peak

Shu Chen    |    Property Valuation

  • U.S. Home prices including distressed sales increased 6.9 percent year over year in July 2015 and remain 6.6 percent below the April 2006 peak.
  • Fifteen states reached new HPI highs.
  • The low price tier is 6.1 percent above its pre-crisis peak.

CoreLogic reported today that national home prices in July 2015 increased 6.9 percent year over year...

February 2015 National Home Prices Increased 5.6 Percent from a Year Ago

Colorado Had the Highest Year-Over-Year Appreciation in February

Shu Chen    |    Property Valuation

CoreLogic reported today that February 2015 national home prices increased by 5.6 percent year over year and increased by 1.1 percent month over month. This marks 36 months of consecutive year-over-year increases in the CoreLogic Home Price Index (HPI). Excluding distressed sales, home prices increased 5.8 percent year over year from February 2014 and were up 1.5 percent from January 2015....

Dollar Volume of Negative Equity Increased $7 Billion from Q3 to Q4 2014

Quarter-Over-Quarter Increase Due to Seasonality

Shu Chen    |    Property Valuation

According to the latest CoreLogic Equity Report, released today, the nationwide negative equity share increased from 10.4 percent in Q3 2014 to 10.8 percent in Q4 2014, and the number of underwater borrowers (or those in negative equity) increased from 5.2 million to 5.4 million. The total dollar amount of negative equity...

National Foreclosure Inventory Down 33 Percent From January 2014

Maine Sees Largest Year-Over-Year State Improvement in Foreclosure Inventory

Shu Chen    |    Mortgage Performance

Today, CoreLogic reported that the national foreclosure inventory fell by 33.2 percent year over year in January 2015 to approximately 549,000 homes, or 1.4 percent of all homes with a mortgage, down from 822,000, or 2.0 percent, in January 2014. This marks 39 months of continuous year-over-year declines in the foreclosure...

National Foreclosure Inventory Down 34 Percent Year Over Year in December 2014

Utah Experienced Largest State Improvement in Foreclosure Inventory From a Year Ago

Shu Chen    |    Mortgage Performance

Today, CoreLogic reported that the national foreclosure inventory fell by 34.3 percent year over year in December 2014 to approximately 552,000 homes, or 1.4 percent of all homes with a mortgage, down from 840,000, or 2.1 percent, in December 2013. This marks 38 months of continuous year-over-year declines in the inventory of foreclosed...