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LATEST CORELOGIC ECON TWEETS

Could 2015 be the worst wildfire year on record?

On track for a big year, with more than 8 million acres already burned

Tom Jeffery    |    Natural Hazard Risk

Active Large California Wildfires

One of the more difficult responsibilities for any hazard scientist is to predict what the future holds. Everyone is interested in knowing how many hurricanes will churn through the Atlantic, where the next earthquake will hit or where the next big fire will occur. Unfortunately there are no definitive answers to these questions, which forces us to rely on informed predictive research and...

CoreLogic U.S. Housing Policy Update- September 2015

Mortgage Credit Trends, Housing Regulatory and Legislative Environment

Faith Schwartz    |    Housing Policy, Videos

Today we are here to talk about three different areas impacting the U.S. mortgage market with regard to liquidity and advancement in the housing and mortgage space. This discussion will explore the impact of the end investors, shifting credit profile, government programs, regulations and current credit accessibility for borrowers across the credit spectrum.

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Dollar Volume of Negative Equity Decreased by $29 Billion from Q1 2015 to Q2 2015

National Negative Equity Share Fell Below 10 Percent in Q2 2015

Molly Boesel    |    Property Valuation

25 States With the Largest Quarter-Over-Quarter Change in Negative Equity Share

The nationwide negative equity share decreased from 10.2 percent in Q1 2015 to 8.7 percent in Q2 2015, and the number of underwater loans (or those in negative equity) decreased from 5.1 million to 4.4 million, according to the latest CoreLogic Equity Report. The total dollar amount of negative equity fell $28.5 billion...

Setting Goals for Affordability

FHFA Finalizes Three Year Housing Goal Targets

Stuart Quinn    |    Housing Policy

On August 19, 2015 the Federal Housing Finance Agency (FHFA) released their final rule on affordable housing goals. The FHFA took into consideration over 100 comments from a diverse set of market participants; however, the final rule did not deviate far from what was initially proposed. The balance between setting the bar too high or too low is incredibly important as it can have significant...

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

REO Share is the Lowest Since September 2007

Molly Boesel    |    Mortgage Performance

Distressed Sales as Percentage of Total Sales
  • Distressed sales were 9.4 percent of total sales in June 2015, with REO Sales making up 6 percent of total sales.
  • Florida has the largest share of distressed sales at 21 percent.
  • Only North Dakota and the District of Columbia are close to their pre-crisis distressed sales shares.

Distressed sales—real estate-owned (REO) and short...

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