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Tag Archives: CoreLogic

Report Finds that Home Prices Increased by 6.3 Percent in May

Home prices nationwide, including distressed sales, increased by 6.3 percent in May 2015 compared to this time last year, according to CoreLogic’s May 2015 Home Price Index Report (HPI). This will make 39 months of consecutive year-over-year increases in home prices nationally.

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Report Finds that Seven Housing Markets are Overvalued and Four are in Texas

Although home prices have continued to rise at a slow pace for most markets, they are still at normal price levels or undervalued, according to the CoreLogic Market Condition Indicators. However, Mark Liu, principal economist at CoreLogic identified that seven of the top 100 metropolitan markets—four in Texas alone—have been identified as being overvalued, an increase from four markets in October 2014.

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Expert Analyzes Housing Market Strength in Oil Metros

Housing market watchers have been waiting to see what will happen in parts of the U.S. with heavy oil-related employment, according to CoreLogic’s report on their Insights Blog titled “Housing Market Strength in Oil Metros, Equity Position of Texas Oil Metros is Strong.” Between the fall of 2014 and this spring, oil prices fell 42 percent causing those who consistently monitor the housing market to wonder about the effect that this will have on the real estate industry.

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National Home Cash Sales Drop for March

For the 27th consecutive month, cash sales made have fallen to 34.6 percent of total home sales nationally in March 2015, down from 39 percent in March 2014, according to CoreLogic data released today.

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Over 6.6 Million Homes at Risk of Storm Surge Damage in 2015

Global property information, analytics and data-enabled services provider CoreLogic, Inc. recently released its 2015 Storm Surge Analysis which found that more than 6.6 million homes on the Atlantic and Gulf coasts are at risk of hurricane storm surge damage. The total reconstruction cost value (RCV) is nearly $1.5 trillion for the storm surge damages.

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CoreLogic to Expand Building Permit Database

According to a recent press release, CoreLogic, Inc., a leading global property information, analytics, and data-enabled services provider, announced that its nationwide building permit database has reached over 28 million residential, commercial, and industrial building permits. It also now tracks more than 35 permit types, covering 65 percent of the U.S. residential and commercial market.

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National Home Cash Sales Cash Down for February 2015

CoreLogic released data on cash home sales today, finding that cash sales made up 37.9 percent of total home sales nationally in February 2015, down from last year's total of 40.6 percent. February 2015 will mark the 26th consecutive month that the share has dropped year-over-year since January 2013.

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