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LATEST CORELOGIC ECON TWEETS

Housing Trends

Where Are Residents in Los Angeles and Orange Counties Buying Homes?

Net Outward Migration from Los Angeles County to Orange County

Archana Pradhan    |    Housing Trends

In the last blog on recent trends in homebuyer mobility we found that high housing prices in two Northern California counties (San Francisco and Alameda) had been a principal cause of people moving to counties with lower home prices....

Here’s What Was On Readers’ Minds in 2016

Loan Payments, Real Estate Prices, Defaults—Even Millennials

Molly Boesel    |    Housing Trends

Top 10 blogs

What mattered most to top industry executives this challenging year? One way to get a good read on the topics at the forefront of everyone’s minds in 2016 is to look at the top ten blogs on the CoreLogic Insights page for the year.

The most-read blog, by a wide margin, was one that compared the real cost of owning property across markets from all over the country. In...

Cash and Distressed Sales Update: September 2016

Distressed Sales Made Up 7.3 Percent of All Home Sales in September

Molly Boesel    |    Housing Trends

Cash Sales Share by Sale Type
  • The cash sales share was 31.7 percent in September
  • The distressed sales share fell 2.8 percentage points year over year from September 2015
  • The real estate-owned (REO) sales share in September was the lowest for any month since August 2007

Cash sales accounted for 31.7 percent of total home sales in September 2016, down 1.3 percentage points...

Collateral Issues Are Third Most-Likely Cause of Mortgage Loan Denial

About 10-13 Percent of Appraisals are Below Pre-Closing Contract Price

Yanling Mayer    |    Housing Trends

Percentage of Appraisals

According to newly released 2015 Home Mortgage Disclosure Act (HMDA) data, collateral was the third most-frequently cited reason for denials of mortgage loan applications, or 13.7 percent on first-lien purchase mortgages for one-to-four family, owner-occupied homes – trailing distantly behind denials citing applicant’s debt-to-income ratio (23.4 percent) or credit history (20.4...

Cash and Distressed Sales Update: August 2016

Cash Sales Accounted for 31 Percent of All Home Sales in August

Molly Boesel    |    Housing Trends

Cash Sales Share by Sale Type
  • The cash sales share fell 1.5 percentage points from August 2015
  • Of total sales in August 2016, distressed sales accounted for 7.3 percent and real estate-owned (REO) sales accounted for 4.6 percent
  • The REO sales share in August was the lowest for any month since August 2007

Cash sales accounted for 31.1 percent of total home sales in August...

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