While many consumers are planning to buy homes, cars and major appliances in the coming months, there are still about 2 million homeowners behind on their mortgage payments and/or in forbearance programs.
Mortgage rates hit a record low in the U.S. at the beginning of 2021. While each of us may see the pick-up in price growth in our neighborhoods, that experience is not unique to Americans.
The CoreLogic Home Price Insights report features an interactive view of our Home Price Index product with analysis through June 2021 with forecasts from June 2022.
The June 2021 HPI gain was up from the June 2020 gain of 4.5% and was the highest year-over-year gain since 1979.
In studying the appraisal gap, we see several interesting correlations between home price appreciation, buyers paying more than listing price and buyers paying more than the appraised value.
Maiclaire Bolton Smith sits down with construction expert Glenn Bearden to discuss what's really causing the spike in construction material prices—from the pandemic, to labor problems, all the way to the core of human behavior.
Despite concerning acceleration in home prices since last summer, consumers are still eager to buy, and an increasing share of homes are selling over the asking price. In May, S&P CoreLogic national Case-Shiller Index skyrocketed 16.6% year over year — keeping with the theme of reaching new highs...
As home prices soar in 2021, many comparisons are being made between the current housing environment and the one in 2006. However, despite recent double-digit home price appreciation, the mortgage payment to purchase a home is substantially more affordable than it was 15 years ago.
In 2020, in the span of six weeks, Hurricanes Laura and Delta made landfall 12 miles apart, together taking nearly 100 lives and decimating southwest Louisiana. A look back at the effects of these two hurricanes on the Lake Charles metro shows the potential effects on properties.
National home prices increased 15.4% year over year in May 2021, according to the latest CoreLogic Home Price Index Report. This was the highest year-over-year gain since November 2005.
In April, the S&P CoreLogic national Case-Shiller Index jumped a remarkable 14.6% year over year — the highest rate since the beginning of the index series.
An analysis of CoreLogic data finds an extra 2.2% per year in neighborhood price appreciation It has been more than three years since the Tax Cuts and Jobs Act of 2017 created a provision, known as qualified opportunity zones, to focus on the rejuvenation of economically distressed communities ac...