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Housing Trends

Cash Sales Made Up 38 Percent of All Home Sales in February 2015

The Cash Share of Sales Has Decreased 9 Percentage Points from Peak

Molly Boesel    |    Housing Trends

Cash sales made up 37.9 percent of total home sales in February 2015, down from 40.6 percent in February 2014. The year-over-year share has fallen each month since January 2013, making February 2015 the 26th consecutive month of declines. Month over month, the cash sales share fell by 1 percentage point. Due to seasonality in the housing market, cash sales share comparisons should be made on...

#HousingBloom

CoreLogic and the Housing Policy Council of the Financial Services Roundtable host a breakfast event in Washington D.C., April 14, 2015 discussing the state of housing and housing reform.

Faith Schwartz    |    Housing Policy, Housing Trends

I had the pleasure of moderating the first panel at our co-hosted event in Washington, D.C. on Tuesday, April, 14th.  Refreshing and insightful information was offered by three respected chief economists, including Dr. Frank Nothaft of CoreLogic, Dr. David Crowe of the National Association of Homebuilders and Dr. Nela Richardson of Redfin. Each offered a unique take and perspective...

Cash Sales Made Up 39 Percent of All Home Sales in January 2015

Share Fell by 2.6 Percentage Points Year Over Year

Molly Boesel    |    Housing Trends

Cash sales made up 38.9 percent of total home sales in January 2015, down from 41.4 percent in January 2014.  The year-over-year share has fallen each month since January 2013, making January 2015 the 25th consecutive month of declines. Month over month, the cash sales share increased by 3.2 percentage points, which is typical in the month of January. Due to seasonality in the housing...

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...

Cash Transactions Made Up 35 Percent of All Home Sales in December 2014

Full Year 2014 Cash Sales Share was 2.8 Percentage Points Lower than Full Year 2013

Molly Boesel    |    Housing Trends

Cash sales made up 35.5 percent of total home sales in December 2014, down from 38.5 percent in December 2013. The year-over-year share has fallen each month since January 2013, making December the 24th consecutive month of declines. Month over month, the cash sales share fell by half of a percentage point. Due to seasonality in the housing market, cash sales share comparisons should be made...

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