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LATEST CORELOGIC ECON TWEETS

Distressed Sales Accounted for 9 Percent of Homes Sold Nationally in July 2015

REO and Short Sales Share Percentages Decrease Year Over Year

Molly Boesel    |    Mortgage Performance

Distressed Sales as percentage of total sales
  • Distressed sales were 9.4 percent of total sales in July 2015, with REO Sales making up 6.1 percent of total sales
  • Florida had the largest share of distressed sales at 20.7 percent
    Of the largest Core Based Statistical Areas (CBSAs), Orlando-Kissimmee-Sanford, Fla. had the largest share of
  • distressed sales at 23.8 percent

Distressed...

What Adjustments Have the Most Influence on Appraisal Reports?

Jon Wierks    |    Property Valuation

Appraisal adjustments are standard procedure and certain adjustment features result in greater appraisal adjustments. But how many times are adjustments made in the appraisal process and for what specific features of the home? Using a national sample of approximately 1.3 million appraisal reports between 2012 and 2015, new analysis from CoreLogic shows which home features are being adjusted...

August 2015 National Home Prices Increased 6.9 Percent Year Over Year

Low-End Home Prices 5.9 Percent Above Pre-Crisis Peak

Molly Boesel    |    Property Valuation

Year over Year HPI Growth for 25 highest appreciating states
  • Home prices including distressed sales increased 6.9 percent year over year in August 2015 and remain 6.3 percent below the April 2006 peak.
  • Colorado had the largest year over year HPI growth.
  • The low price tier is 5.9 percent above its pre-crisis peak.

National home prices increased 6.9 percent year over year and 1.2 percent month over month...

CoreLogic U.S. Housing Policy Update - October 2015

Tackling the New “Know Before You Owe” Regulations

Faith Schwartz    |    Housing Policy, Videos

As the Consumer Financial Protection Bureau (CFPB) ushers in its new “Know Before You Owe” initiative, it’s important at the outset to understand just what it is and why it’s important. The Truth-in-Lending-Act and Real-Estate-Settlement Procedures Act integrated Disclosure Rule – commonly referred to by the mortgage industry as the TRID – was...

Dwelling approvals remain elevated but fall in August

Cameron Kusher    |    International

Monthly dwelling approvals, National

The Australian Bureau of Statistics (ABS) published building approvals data for August 2015 earlier this week. The data showed a month-on-month fall in approvals driven by a sharp drop in the number of unit approvals. Keep in mind that unit approvals tend to be much more volatile than house approvals on a monthly basis.

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