Posts Tagged ‘CoreLogic’

CoreLogic’s Latest Home Price Report Showed Prices Increased 6.3%

November 1st, 2016

Today’s News Synopsis: The Mortgage Bankers Association said loan originations for commercial/multifamily properties increased 2% from last year.  Financial results for Freddie Mac were in this week, covering their third quarter earnings.  CoreLogic released their latest home price report, which showed home prices increased 6.3% in September. In The News: USA Today –

Read More »

Could We See a Decline in Cheap Apartments to Rent?

October 31st, 2016

Today’s News Synopsis: Even though there are over 5 million apartments in America that people can obtain at a cheap price, this may not last much longer as more and more people cannot afford higher-end places to live.  In fact, the demographic that is actually one of the highest in

Read More »

CFPB Structure Declared “Unconstitutional” By D.C. Court of Appeals

October 11th, 2016

Today’s News Synopsis: In a big news story, the U.S. Court of Appeals for the District of Columbia declared the CFPB’s structure “unconstitutional” and overturned a $109 million fine by the organization against PHH Corp.  370,000 foreclosures were completed last month according to CoreLogic.  Fannie Mae’s mortgage portfolio continued to

Read More »

Home Prices Across the Nation Rise, While LA Prices Rise Even Above National Rate

October 4th, 2016

Today’s News Synopsis: Home prices across the nation increased greatly 6.2% in August, while Los Angeles prices increased 5.1% in July to prices above even the national rate.  The sales of apartments in Manhattan decreased 20% from last year.  The FHFA is announcing via email a one-time offer for Principal

Read More »

Economy Appears Healthier With Largest Increase in Household Income

September 13th, 2016

Today’s News Synopsis: The U.S. economy appears to be gaining strength as household incomes were the largest since the recession in 2015 and poverty showed signs of decrease.  Foreclosure rates decreased again to levels last seen before the crisis.  A new bill is continuing to be pushed that will do

Read More »

The Latest S & P Home Price Indeces Increased in June, Primarily in the South and West

August 30th, 2016

Today’s News Synopsis: Home prices increased 5.1% year-over-year and 1% month-over-month in June, although the increases were primarily located in the South and West.  Profits from independent mortgage bankers increased twice as much in the second quarter, now at $1,686 from $825.  CoreLogic reported a 2.1% decrease in distressed sales,

Read More »

Redfin Tests To See if Home Values Effected By People Preferring to Walk

August 9th, 2016

Today’s News Synopsis: Redfin recently tested to see if the value of home is affected more greatly in areas where people prefer to walk.  Commercial real estate in Silicion Valley is showing no signs of slowing down despite funding for technology being weak.  The inventory of foreclosures declined 4.9%, putting

Read More »

Federal Reserve Moving Closer to Increasing Rates

July 27th, 2016

Today’s News Synopsis: CoreLogic reported a 2.8 percentage point decrease in cash sales for homes back in April.  The Federal Reserve is beginning to consider increasing rates more due to decreasing risk in the economy.  The NAHB released a new poll showing the majority of Americans still consider owning a

Read More »

CFPB Celebrates Five Years Today

July 21st, 2016

Today’s News Synopsis: The NAHB reported their Remodeling Market Index continues to remain stable, standing at 53 after having slipped only one point.  RealtyTrac just released a list of the 35 best places to buy a home that were bad areas but now showing improvement.  CFPB celebrated five years today,

Read More »

Building Lots for Single-Family Homes at Lowest on Record

July 12th, 2016

Today’s News Synopsis: Building lots for single-family homes were shown to be at their lowest on record at 8,600 square feet.  Corelogic reported foreclosures and serious delinquencies are at their lowest since 2007 with foreclosures around 390,000.  More and more people are moving out of negative equity as prices continue

Read More »