Market Trends

January 11, 2021

Rental Market: Tenant Mobility, Rents and Property Prices

Tenant moves slowed early in the pandemic and have rebounded Applications for rental homes fell sharply early in the pandemic and have rebounded. Apartment building rents fell in the third quarter, whereas single-family rents continued to rise. Multifamily property values fell 10% on average acro...

December 29, 2020

Affordability Challenges Ahead: Large Demographic Tailwind Has Arri...

While pandemic-induced housing demand has ensured 2020 home purchase activity has reached the highest level since 2006, demographic trends suggest strong home buying demand is likely to continue. Between 2018 and 2028, the number of households are forecasted to grow by as much as 12 million[1]&nb...

December 21, 2020

U.S. For-Sale Home Supply Tightened during Pandemic, Pushing Up Hom...

National Supply of Homes for Sale Fell to 2.2 Months in October 2020 After the pandemic took hold in the U.S. in early 2020, stay-at-home orders and uncertainty in the economy delayed listings from going live on the market. The typical spring home buying season was pushed into summer in 2020 and ...

December 17, 2020

Modernizing The Housing Economy

Using Technology to Navigate the Next Decade COVID-19 has fundamentally reshaped the ways we work, the ways we do business and the ways we interact with each other. How can you be on the forefront of this wave of change? In a new whitepaper, Modernizing the Housing Economy, CoreLogic® explores so...

December 10, 2020

Borrowers Gained $1 Trillion in Equity as Home Prices Soared

Borrower Equity Update: Third Quarter 2020 Average equity gain of $17,000 per homeowner in Q3 2020 was the highest in over six years National share of homes with negative equity was 3% for the third quarter of 2020, the lowest in over 10 years. The amount of equity in mortgaged real estate increa...

December 3, 2020

Three-Year Housing and Mortgage Outlook

December 2020 Economic Outlook 30-year fixed-rate loans to remain below 3% during early 2021 and average about 3.2% during the next three years. Millennials will add substantial demand for housing over the next few years. Home prices projected to rise in most metro areas, albeit slower than in re...

October 16, 2020

Home Sales in a Pandemic: An International Comparison

October 2020 Economic Outlook The World Health Organization declared COVID-19 a global pandemic on March 11. By mid-March, shelter-in-place orders were issued across many nations. While each of us may think about how it has affected our own local neighborhood, it has also affected communities acr...

October 12, 2020

Achieving Affordability: Comparing the Housing Market During the Bo...

A look to the past could likely give the industry an idea on how to achieve an affordable housing concept. Since the Great Recession of 2008*, the real estate market has rebounded nicely to say the least. In fact, as home prices continue to climb, it has become increasingly difficult for the aver...

April 16, 2020

Podcast – Frank Nothaft on “Complexity Simplified” with Dr. A...

BY FRANK NOTHAFT HOUSING AFFORDABILITY, REAL ESTATE In this podcast posted April 7, 2020, Frank Nothaft, the chief economist of CoreLogic, describes the impact to single family transaction volumes and US regional home price trends as the COVID-19 pandemic begins to take hold. Albert Lee, Summit C...

March 12, 2020

Podcast – Frank Nothaft on The Real Wealth Show with Kathy Fettke

Analyzing the housing market can be complicated. There are so many opinions on issues that impact investors including which are the best markets, single-family versus multi-family investing, housing inventory, demographic shifts, renter preferences, mortgage rates, the strength of the U.S. econom...

March 4, 2020

Is the Yield Curve Slope a Leading Indicator of the Housing Market?

One yield spread that is closely monitored by most economists is the difference between the yield on the 10-year Treasury bond and the yield on the 2-year Treasury bond. The typical shape of a yield curve has yields rising with bond term, that is, the 10-year-to-2-year spread is positive.  A...

July 18, 2019

Special Report: The Role of Housing in the Longest Economic Expansion

The Role of Housing in the Longest Economic Expansion is a special report examining the role and performance of the housing sector during the ongoing 121 months of consecutive economic expansion in the United States, the longest period on record. View the report now to understand how we’ve come t...