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LATEST CORELOGIC ECON TWEETS

U.S. Economic Outlook: January 2017

New-Home Sales Up for Fifth Straight Year - New Construction Sales Up More Than 50% Since 2011

Frank Nothaft    |    Housing Trends, Videos

Nothaft January 2017 video blog


 

Low mortgage rates, job growth, and an improving consumer optimism have all supported the recovery in home sales during the last few years. Both sales of newly built as well as previously owned homes are up, with the growth stronger for new homes. Since the trough in new-home sales in 2011, sales had jumped more than 50 percent by 2016 (Figure...

Cash and Distressed Sales Update: October 2016

Distressed Sales Made Up 7.7 Percent of All Home Sales in October and Is Back to 2007 Levels

Molly Boesel    |    Housing Trends

Cash Sales Share by Sale Type
  • The cash sales share was 31.8 percent in October
  • The distressed sales share fell 2.9 percentage points year over year from October 2015
  • The distressed sales share fell in all but eight states

Cash sales accounted for 31.8 percent of total home sales in October 2016, down 2.7 percentage points year over year from October 2015. The cash sales...

Earthquake Risk: Spotlight on Canada

What Is ‘The Big One’?

Maiclaire Bolton    |    Natural Hazard Risk

Map of Earthquakes with Magnitude >3 or Near Canada

When assessing earthquake risk in Canada, many commonly refer to ‘The Big One’ that will eventually strike British Columbia (B.C.). But what exactly is ‘The Big One’? Understanding the various earthquakes that can occur, the unique hazards they pose, and the probability, all help to define ‘The Big One’. But it’s not just...

Hurricane Matthew Clocks Top Wind Speed for 2016 at 101 MPH

Annual CoreLogic Windy City Index Names Nashville, TN Windiest City

Curtis McDonald    |    Natural Hazard Risk

Hurricane Matthew Top Wind Speeds

Wind events, whether part of a major hurricane or a smaller storm, can cause significant damage for both businesses and homeowners, and as such, CoreLogic publishes its Windy City Index, an annual analysis of top wind speeds and wind-related events to review this natural hazard. According to the 2016 CoreLogic Windy City Index[1],...

Collateral-Related Loan Denials Exhibit Wide Geographical Variations

Volume of Sales, Market Distress, Home-Price Growth May Be Causes of Variation

Yanling Mayer    |    Housing Trends

Home Appraisals below Sale Contract Price, 2015

In a November CoreLogic Insights Blog, collateral was noted as the third most-frequently-cited reason for denials (13.7 percent) for nearly 450,000 first-lien purchase mortgage applications on one- to four-family,...

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