A report released this morning by CoreLogic,one of the nations leading providers of property information shows that home prices in the U.S. fell in November 4.3 percent from the year before and declined by 1.4 percent from the month before marking the fourth consecutive monthly decline in home prices. [...]
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 | A report released this morning by CoreLogic,one of the nations leading providers of property information shows that home prices in the U.S. fell in October 4.4 percent from the year before and declined by 1.1 percent from the month before marking the third consecutive monthly decline in home prices. [...] A report released this morning by CoreLogic,one of the nations leading providers of property information shows that home prices in the U.S. fell in September 4.4 percent from the year before and declined by 1.1 percent from the month before marking the second consecutive monthly decline in home prices. [...] A report released this morning by CoreLogic shows that the current residential “shadow”inventory as of July 2011 declined slightly from 1.7 million units in April to 1.6 million units,and was down from 1.9 million units a year ago. This current shadow inventory represents a 5 month supply. CoreLogic includes in it’s shadow [...] A report released today by CoreLogic shows that 22.5 percent (10.9 million) of all homeowners in the U.S. with a mortgage were in a negative equity position in the second quarter of 2011,down slightly from 22.7 percent the prior quarter. Negative equity is also referred to as being “underwater”or “upside down”and [...] A report released by CoreLogic shows U.S. home prices increased in June 2011 by 0.7 percent from the month before,marking the third consecutive month-over-month increase. However,U.S. home prices in June 2011 decreased 6.8 percent from the year before. If we take the distressed sales (foreclosures,REO’s and short-sales) then year-over-year home prices [...] A report released this morning by CoreLogic shows that the current residential “shadow”inventory as of April 2011 declined to 1.7 million units,down from 1.9 million units a year ago. This current shadow inventory represents a 5 month supply,same as the supply a year ago. [...] A report released today by CoreLogic shows that 22.7 percent (10.9 million) of all US homeowners with a mortgage were in a negative equity position in the first quarter of 2011,down slightly from 23.1 percent (11.1 million) the prior quarter. Negative equity is also referred to as being “underwater”or “upside down”and [...] A report released this morning by CoreLogic shows U.S. home prices increased in April 2011 by 0.7 percent from the month before,marking the first month-over-month increase since Mid-2010. However,U.S. home prices in April 2011 decreased 7.5 percent from the year before. If we take the distressed sales (foreclosures,REO’s and short-sales) then [...] A report released this morning by CoreLogic shows home prices in the U.S. declined in March by 7.5 percent from the year before,marking the eighth-consecutive month year-over-year home prices have dropped,according to their index. The prior months report showed home prices had decreased by 5.8 percent from a year ago so unfortunately [...] A report released this morning by CoreLogic shows home prices in the U.S. declined in February by 6.7 percent from the year before,marking the seventh-consecutive month year-over-year home prices have dropped,according to their index. The prior months report showed home prices had decreased by 5.5 percent from a year ago so unfortunately [...] A report released this morning by CoreLogic shows that the current residential “shadow”inventory as of January 2011 declined to 1.8 million units,down slightly from 2.0 million units a year ago. This current shadow inventory represents a 9 month supply,same as the suply a year ago. [...] A report released this morning by CoreLogic shows home prices in the U.S. declined in January by 5.7 percent from the year before,marking the sixth-consecutive month year-over-year home prices have dropped,according to their index. The January data shows home prices continuing to slide. Mark Fleming,chief economist with CoreLogic,said,“A number [...] A report released this morning by CoreLogic shows negative equity,after decreasing for the three prior quarters,increased in the fourth quarter of 2010 for residential properties. The CoreLogic reports that 11.1 million,or 23.1 percent,of all residential properties with mortgages were in negative equity at the end of the fourth quarter of [...] Today,CoreLogic released its “U.S. Housing and Mortgage Trends Report”which stated “their research indicates that the most popular measure of existing home sales is overstated by 15 percent to 20 percent. ” [...] Today,CoreLogic released its December Home Price Index (HPI) showing that home prices in the U.S. declined for the fifth-straight month. The report shows home prices declined by 5.46 percent in December 2010 compared with December 2009. [...] Today,CoreLogic released its November Home Price Index (HPI) showing that home prices in the U.S. declined for the fourth-straight month. The report shows home prices declined by 5.07 percent in November 2010 compared with November 2009. [...] A report released today by CoreLogic shows that,while the overall inventory of homes for sale has remained the same in the past year at 4.2 million new and existing homes for sale as of August,the number of homes in “shadow inventory”has grown from 6.1 million a year before to 6.3 million as [...] Dennis Norman A report released by CoreLogic shows the foreclosure rate in the US in August was 3.19 percent,an increase of 15.5 percent from a year ago when the national foreclosure rate was 2.77 percent. The national rate for seriously delinquent mortgage’s (mortgages that are 90+ days delinquent) for August was 7.79 percent,[...] Dennis Norman A report by CoreLogic cautions that recent data showing improvements in negative equity,serious mortgage delinquency and a decrease in market share of short-sales,has been distorted as a result of the short-term boost in the “non-distressed”housing market by the homebuyer tax credit program,which recently ended. [...] Dennis Norman After a couple of days of writing about bad reports on the housing market (existing home sales and new home sales to name two) I’m excited that I actually get to write something today that is positive! According to newly released data from CoreLogic,the percentage of homeowners in the U.S. with [...] Dennis Norman A report just released by CoreLogic estimate the financial impact of short-sale fraud to be $310 million annually. It is estimated there is fraud in one in every 53 short sale transactions resulting in an unnecessary loss to the lender of $41,000 per transaction on average. [...] Dennis Norman Report looks at impact of the BP Deepwater Horizon Oil spill on Florida Coastal home values According to a report released this morning by CoreLogic the impact of the BP DeepWater Horizon oil spill on home values in the coastal area’s along the Gulf coast is expected to range from $648 [...] Dennis Norman Worst Street In America for Mortgage Fraud is In Orlando (actually they have 5 of the top 10 streets) According to the 2010 Mortgage Fraud Trends Report released by CoreLogic this week,fraud risk in the mortgage industry has declined by 25 percent since it peaked in the third quarter of 2007. [...] Dennis Norman For way too long I’ve been writing about record,or near- record,levels of foreclosures and mortgage delinquencies. My ongoing concern about this,in terms of the housing market,is that I just don’t see how we are going to have a sustainable recovery of the housing market while we have 1 [...] Dennis Norman According to a report released by CoreLogic,there were 11.2 million homeowners that were in a negative equity,or “underwater“,position on their mortgages as of the end of the first quarter of this year. This number is equal to 24 percent of all homeowners with a mortgage in the U.S.,which [...] Dennis Norman Report Cautions That Shadow Inventory and End of Tax Credit Program May Result in Further Declines A report released today by First American CoreLogic shows that national home prices increased 0.3 percent in February 2010 compared to February 2009 and was the first annual home price index increase in over three years. [...] Dennis Norman A report released by First American CoreLogic shows the foreclosure rate in the US increased in January to 3.19 percent,an increase of 60.3 percent from a year ago when the national foreclosure rate was 1.99 percent. The national rate for seriously delinquent mortgage’s (mortgages that are 90+ days delinquent) increased [...] Seventy Percent of all mortgaged properties in Nevada are underwater Dennis Norman According to a report released today by First American CoreLogic more than 11.3 million U.S. mortgages,or 24 percent of all mortgaged properties,are in a negative equity position meaning the borrowers owe more on their mortgage than their home is worth [...] | ||||
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