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LATEST CORELOGIC ECON TWEETS

Current Home Prices the Most Stable During the Last 40 Years

Real Estate Prices Have Been an Oasis of Stability

Sam Khater    |    Property Valuation

Volatility has roiled the U.S. and global financial markets for some time. June’s Brexit vote, for example, was the most volatile day in the history of foreign exchange markets. Likewise, the huge influx of foreign capital drove longer-dated Treasury maturities to record lows. But one market seems to have escaped these gyrations: U.S. housing.

There are several different...

How Big is My House?

Let’s ask a professional…

James Siebers    |    Property Valuation

Many aspects of building appraisal or valuation require personal judgment, but one aspect that should not be in this category is the measurements of a house. The actual size of a building is either determined from accurate building plans or by the actual measurement of the structure. An appraiser, assessor, realtor, insurance agent or anyone who determines the square footage of a house...

Cash Sales Update: May 2016

Cash Sales Accounted for 30 Percent of All Home Sales in May

Molly Boesel    |    Housing Trends

Cash sales accounted for 30 percent of total home sales in May 2016, down 2.5 percentage points year over year from May 2015. On a month-over-month basis, the cash sales share fell by 1.7 percentage points in May 2016 compared with April 2016. For the first five months of 2016, the cash sales share averaged 33 percent, the lowest start to any year since 2008. The cash sales share peaked in...

Increasing Student Loan Debt Affecting Millennial Renters

A Closer Look from Rental Property Solution Data

Jianjun Xie    |    Housing Trends

Average Student Loan Balance for Millennial Renters from 2008 to 2015
  • 60 percent of rental housing applicants from 2011 to 2015 were millennials
  • 48 percent of millennial rental applicants had student loan debts in 2015
  • Average student loan balance of millennial rental applicants reached $31,900 in 2015

Homeownership is on the decline1, especially among the younger age group, while rental household...

Good Words Don’t Cost Much, But Can Accomplish A Lot When Selling a Home

Certain Words in Listing Comments Positively Affect Closing Price

Dingxi Qiu    |    Property Valuation

Setting up a reasonable list price for a property is a challenge to both the seller and the listing agent. Each property is unique due to its location, condition and internal/external design. In a competitive, active market, all physical attributes of a property should be fairly and accurately priced. However, CoreLogic research finds that properties with certain words in their listing...

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