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LATEST CORELOGIC ECON TWEETS

Number of Loans in Foreclosure Lowest Since November 2007

Foreclosure Inventory at 67 Percent Below Peak

Molly Boesel    |    Mortgage Performance

CoreLogic reported today that the national foreclosure inventory fell by 24.9 percent year over year in April 2015 to approximately 521,000 homes, or 1.4 percent of all homes with a mortgage. This marks 42 months of consecutive year-over-year declines, as shown in...

Chief Economist Update: June 2015 Economic Outlook

Home Sales on an Upswing

Frank Nothaft    |    Housing Trends, Videos

The overall economy has provided mixed signals on its performance so far this year, but one thing is clear: Home sales are off to a brisk start through April. We expect house prices in our national index to be up about 5 percent in the next 12 months, and mortgage rates are likely to move higher over the next year.

© 2015 CoreLogic, Inc. All rights reserved.

From Drought to Flood - the Sudden Exchange of One Hazard for Another in Texas

Tom Jeffery    |    Natural Hazard Risk

Among Texans, nearly every conversation about weather over the last several years has focused on the ongoing drought that has resulted in water supply shortages, mandatory restrictions of water use, severe wildfire conditions, and a considerable reduction in recreational lake activities and what were once “waterfront properties”.

But suddenly, the problem is not a lack of...

Distressed Sales Accounted for 12 Percent of Homes Sold Nationally in March 2015

Michigan Had the Highest Distressed Sale Share of Any State

Molly Boesel    |    Mortgage Performance

Distressed sales—real estate-owned (REO) and short sales—accounted for 12.1 percent of total home sales nationally in March 2015, a 3.2 percentage point drop from March 2014 and a 1.9 percentage point decrease from February 2015. Distressed sales shares typically decrease month over month in March due to seasonal factors, and this distressed sales share was the lowest for the...

Hurricane Katrina: A Look Back After Ten-Years

Tom Jeffery    |    Natural Hazard Risk

The Atlantic was active in 2005 from the start of hurricane season. By late August, there had already been 10 named storms, including one Category 4 and one Category 5. Although there was damage from some of these storms, it all paled in comparison to what happened during the last week of August with the 11th named storm of the season.

Hurricane Katrina formed in the Bahamas...

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