National home prices increased 20% year over year in February 2022, according to the latest CoreLogic Home Price Index Report.
Investors’ recent acquisition spree showed its first signs of slowing down in the fourth quarter of 2021. After hitting historical peaks in the second and third quarters of 2021, the share of homes purchased by investors reached its zenith last October at 26.9% of total home sales
The slim supply of homes for sale is pushing up home prices, and there is a notable difference between young homebuyers, those aged 30 and below and older millennial homebuyers ages 31 and 40.
The Mountain-West region is the hottest housing market in the country, and according to the S&P CoreLogic Case-Shiller Home Price Index, Phoenix had the fastest year-over-year appreciation. Denver and Boise, Idaho, also showed up as desirable locations.
The real savings that many potential buyers expected from record-low interest rates were quickly outstripped by the pandemic-fueled housing demand and price increases that followed a temporary market shutdown.
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.
The nation’s overall mortgage delinquency rates have improved significantly over the last year, according to the latest CoreLogic Loan Performance Insights Report.
U.S. Single-Family Rents Up 12% Year Over Year in December Annual rent growth hit record highs for all price tiers. Rent growth in Miami was up 35.7% from a year earlier. Overall Single-Family Rent Growth U.S. single-family rent growth increased 12% in December 2021, the fastest year-over-year in...
3.6% of home mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure), which was a 2.3-percentage point decrease from November 2020 according to the latest CoreLogic Loan Performance Insights Report.