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LATEST CORELOGIC ECON TWEETS

Comparing Mortgage Credit Variables by Applicant Age

Millennials have the lowest credit scores, and highest LTV and DTI Ratios

Archana Pradhan    |    Market Trends

Avg Credit Score, LTV and DTI Ratio by Generation

Often, young households have less credit history (and sometimes no credit history), limited savings, and lower levels of income because they are just beginning their working careers. In contrast, households near or in retirement generally have an extensive credit history, more savings, but may have a limited fixed income if already in retirement.

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Cash Sales Share Fell Sharply in March

Cash Sales Accounted for 33 Percent of All Home Sales

Molly Boesel    |    Market Trends

Cash Sales Share by Sale Type

Cash sales accounted for 33 percent of total home sales in March 2016, down 2.4 percentage points year over year from March 2015. On a month-over-month basis, the cash sales share fell by 2.8 percentage points in March 2016 compared with February 2016. For the first three months of 2016, the cash sales share averaged 34.7 percent, the lowest start to any year since 2008. The cash sales share...

The State of the Nation’s Housing

Harvard University Report Features CoreLogic Data

Molly Boesel    |    Market Trends

Today the Joint Center for Housing Studies of Harvard University released the 2016 State of the Nation’s Housing report, and the report included several references to CoreLogic data and analyses. The report highlighted four major themes: household growth is getting back on track, the homeowner...

Spring Time Home Checklist

How homeowners can catch early signs of deterioration

Ward W. Melville    |    Insurance

Stairs

When spring arrives after a long winter, most people are ready to get outside and enjoy warm weather activities. But before heading outdoors, homeowners should consider spending a few hours to inspect their homes for early signs of deterioration or weather damage. Taking the time to perform simple home maintenance after a long winter could help homeowners avoid big repair bills...

Claims-worthy Imagery; a Hybrid Approach

New Advances in Aerial Imagery Provide Viable Solution to Claims Adjusting

Susan Williams    |    Insurance

Hail Damage in Wylie TX April 2016

Every day it seems we see something in the news about insurers testing the feasibility of using drones to support claims adjusting. After all, using drones to gather imagery is better than the current alternative, which is to risk a climb by adjustors, engineers and inspectors onto roofs that may already be unstable or subject to additional damage by simply walking on them. However, whether...

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