
Record Home Price Appreciation Led by Sun Belt States in February
National home prices increased 20% year over year in February 2022, according to the latest CoreLogic Home Price Index Report.
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Molly Boesel holds the position of principal, economist in the Office of the Chief Economist at CoreLogic. She is responsible for analyzing and forecasting housing and mortgage market trends. She has a depth of expertise in mortgage market analysis, model development and risk analysis in the housing finance industry.
Boesel previously worked at both Fannie Mae and Freddie Mac. While at Fannie Mae she provided Fannie Mae’s official monthly forecast for the economy, housing market, and mortgage market stocks and flows, and provided analyses on trends in the mortgage market, including characteristics of borrowers, homeowners, and mortgage products. She earned her bachelor’s degree in economics from James Madison University and her master’s degree in consumer economics and housing from Cornell University.
National home prices increased 20% year over year in February 2022, according to the latest CoreLogic Home Price Index Report.
U.S. Home prices soared in 2021, pushed up by strong demand and a limited supply of homes for sale.
U.S. single-family rent growth increased 12.6% in January 2022, the fastest year-over-year increase in over 16 years , according to the CoreLogic Single-Family Rent Index (SFRI). January marked the 10th consecutive month of record-level rent growth.
Homeowners Gained Over $3.2 Trillion in Home Equity in 2021.
In December 2021, 3.4% of home mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) , which was a 2.4-percentage point decrease from December 2020 according to the latest CoreLogic Loan Performance Insights Report.
National home prices increased 19.1% year over year in January 2022, according to the latest CoreLogic Home Price Index (HPI®) Report.