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Housing Trends

Homebuyers’ “Typical Mortgage Payment” Up 12 Percent Year Over Year

Forecasts Suggest a nearly 13 Percent Gain Over the Next Year

Andrew LePage    |    Housing Trends

National Homebuyers Typical Mortgage Payment

U.S. home prices have risen more than 6 percent over the last year but that’s only part of the challenge for home shoppers, who face mortgage payments that have risen about 12 percent year over year because of higher mortgage rates.

One way to measure the impact of inflation, mortgage rates and home prices on affordability over time is to use what we call the “typical...

Bidding War is On, But for How Long?

A Third of Homes Sold For the List Price or More in September 2017

Shu Chen    |    Housing Trends

Ten years after the financial crisis, home price indexes and home sales are returning to pre-crisis levels. In some areas, prices and sales have reached new highs. With demand strong and inventory thin, a greater share of homes have sold this year at or above their listing price.

Figure 1 shows the share of homes that sold at a price above, equal to or below the list price....

U.S. Single-Family Rents Up 2.7 Percent Year Over Year in October

Las Vegas Experienced the Highest Annual Rent Growth in October

Shu Chen    |    Housing Trends

  • Low-end segment growth was more than double high-end growth
  • Hurricane Harvey showed more impacts on rent than Hurricane Irma
  • Of 20 select metros analyzed, only Honolulu and Miami experienced a decrease in single-family rents in October

National single-family rent prices climbed steadily between 2010 and 2017, as measured by the CoreLogic Single-Family...

What Caught the Attention Our Readers in 2017

Home Prices, Credit Availability and the Economy Drive Readership

Molly Boesel    |    Housing Trends

The numbers are in and our readers have spoken. We tallied up the readership on our top 10 most-read CoreLogic Insights blogs and found that top industry executives were very focused on the health of the real estate market, both nationally and in specific markets across the country this year.

The most-read blog, by a wide margin, was a text mining analysis of public listing information...

Homebuyers’ “Typical Mortgage Payment” Up 11 Percent Year Over Year

Forecasts Suggest a 13 Percent Gain Over the Next Year

Andrew LePage    |    Housing Trends

Andrew LePage Blog Post

The U.S. housing market has logged annual home-price gains over 6 percent in recent months, heightening affordability concerns. But price gains are only part of the challenge for homebuyers, who face mortgage payments that have risen about 11 percent over the past year because of higher mortgage rates.

One way to measure the impact of inflation, mortgage rates and home prices on...

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