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CoreLogic Econ

LATEST CORELOGIC ECON TWEETS

Business Economists Favor NAFTA, Skilled Immigrants, Less Debt and More Consumer Say in Health Care

NABE’s Policy Survey is first since Trump Administration took office

Frank Nothaft    |    Housing Trends

Current State of Economic Policy

The National Association for Business Economics’ (NABE) semiannual Economic Policy Survey focused on some of the critical topics that President Trump and his advisers face.  Conducted January 31 - February 15, the survey revealed some disagreements...

The State of House Flipping in 2016 – Part III

Positive Correlation Observed Between Home Price Growth and the Share of Flipping Activity

Bin He    |    Housing Trends

Share of Flipped Properties by Markets

In Part I and Part II of this blog series, I presented the share and gross gain of house flipping at the national level and the Core Based Statistical Level (CBSA) level in 2016. Today we show there is a positive correlation between home price growth and the share of flipping activity in 2016 for different market segments: overvalued, normal and undervalued. A flipped property is defined as a...

Potential Homebuyers Seek Affordability and Warmth

Millennials Looking for Affordability and Jobs whereas Baby Boomers Looking for Affordability and Warmth

Archana Pradhan    |    Housing Trends

Top 16 States for In and Out Interstate Migration

Labor mobility in the U.S. has declined in recent years. Home owners are staying in their homes longer than in previous years. Corelogic data show homeowner mobility declining gradually over the past three decades.[1] Those homeowners who have wanted to move seem to be driven by economic opportunities, affordability and weather....

The Accuracy of Comparable-Property Data in an Appraisal Report

Appraisal-report comp prices from an MLS generally match public-record sales prices

Yanling Mayer    |    Housing Trends

Accuracy of Reported Comparable Prices

One of the many challenges when underwriting a loan is to make sure the appraisal provides a reliable assessment of the collateral’s value. Fortunately, to meet the challenge and to stay compliant in a demanding regulatory environment, appraisal reviewers and underwriters have increasingly incorporated automated appraisal review technology for faster and more cost-effective collateral...

Cash and Distressed Sales Update: December 2016

The Cash Sales Share for 2016 Was 32.1 Percent, the Lowest Full-Year Cash Sales Share Since 2007

Molly Boesel    |    Housing Trends

Cash Sales Share by Sale Type
  • The full-year cash sales share for 2016 was 32.1 percent
  • The cash sales share in December 2016 was 33.1 percent
  • The full-year distressed sales share for 2016 was 8.9 percent

Cash sales accounted for 33.1 percent of total home sales in December 2016, down 1.3 percentage points year over year from December 2015. For the full-year 2016, the cash sales...

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