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LATEST CORELOGIC ECON TWEETS

Number of US Homes at Risk of Storm Surge Damage in 2015 Tops 6.6 Million

Total Reconstruction Cost Value of Homes is Nearly $1.5 Trillion

Tom Jeffery    |    Natural Hazard Risk

The U.S. Atlantic and Gulf coasts have been spared any significant hurricane damage over the past two years. While this is good news for residents living in these areas, it should not be perceived as the new normal.

New data released today by CoreLogic shows there are more than 6.6 million homes on the Atlantic and Gulf coasts at risk of damage from storm surge inundation. The...

Are New York Timelines Going to Subside?

A Speech from Outgoing NYDFS Superintendent

Stuart Quinn    |    Housing Policy

Benjamin Lawsky, superintendent of financial services for the State of New York announced his exit from the New York Department of Financial Services, the day after delivering remarks on modifying the New York judicial foreclosure...

April 2015 National Home Prices Increased 6.8 Percent Year Over Year

Low-End Home Prices Surpass January 2006 Peak

Molly Boesel    |    Property Valuation

CoreLogic reported today that April 2015 national home prices increased by 6.8 percent year over year and increased by 2.7 percent month over month. This marks 38 months of consecutive year-over-year increases in the CoreLogic Home Price Index (HPI®). Excluding distressed sales, home prices increased by 6.8 percent year over year from April 2014 and were up by 2.3 percent from March...

CoreLogic Renter Applicant Risk Index Shows a Continued Upward Trend of Renter Credit Quality

Midwest Region of the U.S. Shows Highest Renter Applicant Risk in Q1 2015

Jianjun Xie    |    Housing Trends

The CoreLogic SafeRent Renter Applicant Risk (RAR) Index indicates the credit quality of renter applicants improved nationwide year over year as of Q1 2015 (Figure 1). According to the data, the risk of default among renters nationwide decreased year over year with an index value of 108 in Q1 2015 compared to an index value of 106 in Q1 2014. The two-point year-over-year increase in the...

What are the Most Active New Sales Markets?

Hint: Think Country Music

Sam Khater    |    Housing Trends

New home sales have totaled 441,000 over the last 12 months ending in January, up 3 percent from a year ago1. While still below the 660,000 annual average of the last 50 years, the national and regional data available from the Census Bureau mask local pockets of strength. In this post, we use public record deeds as the source of new home sales to examine patterns in the 50...

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