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LATEST CORELOGIC ECON TWEETS

Channeling Deep Blue Versus Garry Kasparov in Home Valuations

It’s time to standardize how real estate appraisers make their adjustments

Michael G. Bradley    |    Property Valuation

It might be time to reengineer the process appraisers use to make adjustments to comparable homes. The current approach does not appear to be defensible.

Completion of a uniform residential appraisal report by a licensed or certified appraiser is the dominant process used to determine the value of residential real estate in the United States. Fed Economist Leonard Nakamura reported in...

CoreLogic Case-Shiller Indexes: Out With The Old and In With The New

Fewer Foreclosure Resales the Key Difference in New Case-Shiller Indexes

David Stiff    |    Housing Trends, Property Valuation

How much did home prices fall during the housing market crash? According to the new monthly CoreLogic Case-Shiller National Home Price Index, U.S. prices fell by 27 percent. But if measured by the old, quarterly Case-Shiller index, the peak-to-trough decline was 35 percent. So why do two home price indexes, both calculated using the same Case-Shiller methodology, differ so noticeably on the...

The Long-Term Rise of Condo Sales

Naples, Houston and Denver Are The Three Fastest Growing Condo Markets in the US

Sam Khater    |    Housing Trends

In July we analyzed the normalization of existing condo prices relative to the single-family housing market, which we concluded was a prelude to recovery in prices for the new condo market. But to truly understand what’s happening with condos now and in months or years to come, we have to look at part two of...

Pinpointing Hurricane Risk Home by Home

Analysis Shows More Than 6.5 Million U.S. Homes Valued at Nearly $1.5 Trillion at Risk of Hurricane Storm Surge Damage

Tom Jeffery    |    Natural Hazard Risk

Pinpointing Hurricane Risk

This year, we’re ushering in the 2014 hurricane season, which officially began on June 1, in the wake of a fairly inactive past season and amid projections of slightly below-normal activity for the months to come. Though a number of tropical storms and hurricanes formed in the Atlantic in 2013, none made landfall in the U.S. Scientists are predicting more activity than last year in the...

Housing-Related Spending Made Up 17.6 Percent of GDP in the First Quarter of 2014

Revisions Show Largest Monthly Decrease in GDP Since 2009

Molly Boesel    |    Housing Trends

Residential Investment Growth Slowed in Lastest Quarter

The U.S. Bureau of Economic Analysis released its third estimate of Q1 2014 gross domestic product (GDP) today and the numbers show downward revisions in overall GDP growth from the second estimate released in May 2014. The first-quarter 2014 year-over-year growth rate for overall GDP was 1.5 percent, revised down from 2 percent, and the housing-related GDP growth was revised up to 2.1 percent...

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