Tag Archives: CoreLogic

Low supply levels and increasing demand in the housing market are fueling home prices, in turn, placing all of the cards into sellers' hands.

The share of residential home sales that are all-cash transactions has been on the steady decline for nearly five years. At their peak, all-cash sales accounted for nearly half of all home sales; now that percentage is down below one-third, according to data released by CoreLogic on Monday.

Should housing policy continue to focus on traditional homeownership or concentrate its efforts on a broader definition of what constitutes “shelter?”

The year 2016 is expected to usher in the creation of 1.25 million new households, higher rental demand, increased home sales, and a rise in home purchase loan originations even as refinancing volume plummets, CoreLogic’s Chief Economist predicted Monday.

CoreLogic's SVP for Government and Public Affairs Faith Schwartz was recently elected to be the new Chair of the Hope LoanPort (HLP) Board of Directors. Schwartz has been a member of CoreLogic's team since 2013, with the mission of building business and relationships with the government, non-profits, think tanks, and universities. She is based in Washington, D.C.

"Many markets have experienced a low inventory of homes for sale along with strong buyer demand, which is sustaining upward pressure on home prices. These conditions are likely to persist as we enter 2016,” said Dr. Frank Nothaft, chief economist for CoreLogic.

Before the crisis, cash sales averaged about one-fourth of all home sales, and at this rate, CoreLogic projects that this share should hit 25 percent once again by mid-2017.

CoreLogic Inc., announced that the company has released its enhanced home equity data set to expand the information delivered through its two home equity data solutions: CoreLogic Loan Level Home Equity and TrueStandings Home Equity. The data set captures home equity information from eight of the ten largest home equity lenders, which includes more than 37 million records and monitors the performance of 6.2 million active Home Equity Lines of Credit and Home Equity Loans with active balances totaling more than $315 billion.

Home prices nationally are still on the incline, most notably in more affordable homes, according to the latest Home Price Index from CoreLogic.

CoreLogic, a global property information, analytics, and data-enabled services provider, recently announced that it has come out with their Insights App, a mobile app designed to enhance user perspective on U.S. and international property markets.