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Home Price Index Highlights: September 2016

National Home Prices Increased 6.3 Percent Year Over Year in September 2016

Molly Boesel    |    Property Valuation

HPI Blog Highlights
  • Home prices forecast to rise 5.2 percent over the next year.
  • The highest appreciation was in the West, with Oregon and Washington growing by double digits in September.
  • After adjusting for inflation, home prices are still 19.1 percent below their peak.

National home prices increased 6.3 percent year over year in September 2016, according to...

Home Price Index Audio Clip: September 2016

National Home Prices Increased 6.3 Percent Year Over Year in September 2016

Molly Boesel    |    Audio

The September 2016 Home Price Index shows that national home prices appreciated 6.3 percent from a year ago and CoreLogic is forecasting an increase of 5.2 percent during the next year. Looking at the states, Washington and Oregon remain on top with year-over-year appreciation of 10 percent. Years of continuous appreciation have moved many states above where they were at the...

Effects of Student Loan Debt on Millennial Renters’ Creditworthiness

Education Still Makes a Difference

Jianjun Xie    |    Housing Trends

Average ScorePLUS Score for Millennial Rental Applicants

As college costs have skyrocketed, students and their families have taken on debt to make up the difference. Many studies have pointed out that the increasing student debt has created a financial burden on millennials and postponed their homebuying decisions. Few addressed the effect of student loan debt on millennials’ creditworthiness.

CoreLogic has studied the effects of...

Earthquake Risk: Spotlight on California

New Science is Transforming the Way Earthquake Risk is Managed

Maiclaire Bolton    |    Natural Hazard Risk

Framework of UCERF3

Recent changes in earthquake hazard science in California are transforming the way we think about managing earthquake risk. The Uniform California Earthquake Rupture Forecast (UCERF) is a multi-year project by a consortia of leading scientists known as the Working Group on California Earthquake Probabilities (WGCEP) that offers a consensus-based view of earthquake hazard across...

Cash and Distressed Sales Update: July 2016

Cash Sales Accounted for Just Under 30 Percent of All Home Sales in July

Molly Boesel    |    Housing Trends

Cash Sales Share by Sale Type
  • The cash sales share fell 1.9 percentage points from July 2015
  • Of total sales in July 2016, distressed sales accounted for 7.2 percent and real estate-owned (REO) sales accounted for 4.3 percent
  • The REO sales share in July was the lowest for any month since July 2007

Cash sales accounted for 29.7 percent of total home sales in July 2016, down...

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