Home Value

April 2, 2021

Homeowners with Low Equity May Be in Trouble

Robust home price growth, which averaged 5.7% nationally over the last year according to the CoreLogic Home Price Index , drove equity of America’s homeowners with a mortgage up by more than $1.5 trillion. Added together across all homeowners in the U.S., home equity has grown more than...

March 30, 2021

U.S. S&P CoreLogic Case-Shiller Home Price Momentum Carries int...

Home price momentum further picked up speed in January, up 11.2% S&P CoreLogic Case-Shiller Index momentum, which picked up pace in the second half of 2020, carried over into 2021 with the index jumping at a double-digit rate for the second consecutive month at 11.2%.  The month-to-month...

March 17, 2021

HPI Forecast Validation Report

The CoreLogic HPI Forecast Validation Report analyzes the results of the HPI Forecast versus the actual HPI results over a 12-month period, comparing our forecasted HPI for November 2020 (made in November 2019), with the actual HPI Index results for November 2019. This bi-annual report includes: ...

March 2, 2021

New Year Started Off With Double-Digit Home Price Gains

Home Price Index Highlights: January 2021 National home prices increased 10% year over year in January. Annual price increases are expected to slow during 2021. Overall HPI Growth National home prices increased 10% year over year in January 2021, according to the latest CoreLogic Home Price ...

February 23, 2021

U.S. S&P CoreLogic Case-Shiller Home Price Index Finishes the Y...

Home prices up 10.4% in December as buyer competition reached new highs With a full year of data, S&P CoreLogic Case-Shiller Index once again proved that 2020 was an unprecedented year in many ways, especially for the housing market. In December, the index surged at 10.4% – the first double-d...

February 12, 2021

More than 80% of Forbearances Are in the Second Phase and Approachi...

Accumulating Missed Payments Pose Challenges to Affordable Post-Forbearance Resolutions As the pandemic wears on, the nation’s unemployment rate remains at elevated levels. With unemployment rate at 6.7% at the end of 2020, millions of people have likely been out of work for as long as nine month...

February 2, 2021

Home Prices Topple Expectations, Surging at the End of 2020

Home Price Index Highlights: December 2020 National home prices increased 9.2% year over year in December. Home price gains averaged 5.7% in 2020 up from of 3.8% in 2019. Annual price increases are expected to slow during 2021 from an average of 9% in the first quarter to 4% in the fourth quarter...

January 26, 2021

U.S. Case-Shiller Home Price Index Hits Yet Another New High

With home buying season turned on its head, home prices are up 9.49% in November Housing continued to exceed expectations, even during the early winter months when demand tends to cool down. With existing home sales up over 20% from a year ago, S&P CoreLogic Case-Shiller Index clocked a 9.49%...

January 22, 2021

What Can We Learn About Property Valuation from Social Media?

The Application of Social Network Graph Analysis in Comparable Selection An automated valuation model (AVM) provides an estimate of market value for the subject property at a specified point in time. Most AVM methodologies use comparable properties recently sold to value the subject property, ide...

January 5, 2021

Home Prices Surged as Demand Remained Strong

Home Price Index Highlights: November 2020 National home prices increased 8.2% year over year in November. Home prices are forecast to slow to a 2.5% increase from November 2020 to November 2021. National home prices increased 8.2% year over year in November 2020, according to the latest CoreLogi...

December 29, 2020

U.S. Case-Shiller Home Price Index Closes 2020 with a Bang

Jumping 8.41%, U.S. home price index strongestsince March 2014 As the last housing market indicator in 2020, the S&P CoreLogic Case-Shiller Index finishes the year on a high note during this trying year. Home purchase activity remained consistently elevated through the end of the year, with s...

December 1, 2020

Annual U.S. Home Price Appreciation in October Fastest Since April ...

Home Price Index Highlights: October 2020 National home prices increased 7.3% year over year in October. Home prices are forecast to slow to a 1.9% increase from October 2020 to October 2021. National home prices increased 7.3% year over year in October 2020, according to the latest CoreLogic Hom...