Demand for second homes surged after the onset of the COVID-19 pandemic nearly doubling the pre-pandemic demand level in late 2020.
Although the real estate market showed signs of receding in Q4 2021, investors resumed their buying spree in early 2022
PACE is an abbreviation for Property Assessed Clean Energy. PACE loans provide financing for green and renewable energy home improvements, although it is not limited to such. Retrofitting properties with energy upgrades is costly, and PACE provides incentives such as 100% long-term financing.
Harris is the largest county in Texas and provides detailed data around the annual property tax appeal cycles. CoreLogic examined this data to identify key trends and analyze whether the COVID-19 pandemic affected activity. For this study, we focused on appeals between 2016 and 2021 for only rea...
CoreLogic data shows that the forbearance rates were increased for higher-priced loans.
New home sales trends are occurring in areas with lower cost-of-living, lower population density and nearby outdoor amenities.
The shortage in for-sale homes has driven the number of days homes are on the market to new lows in 2021.
The accurate estimation of the total amount of real property tax in any given area is a challenging task considering the complexity and heterogeneity of property taxation in the United States.
2021 is shaping up to be a very different year for investors than 2020. After pulling back their market activity at the onset of the pandemic, investors had a business-as-usual winter, before capturing the highest market share seen in the last 10 years in the second quarter. Figure 1 shows the sh...
An increasing number of millennials, those born from 1981 to 1996, are in or are approaching their first-time homebuying years.
18 months after the passage of the CARES Act, which provided millions of homeowners the protection of COVID-19 payment forbearance, many mortgage loans are expected to reach the end of forbearance.