Single-family rent declines for sixth-consecutive month in October
Year-over-year rent growth dropped to the lowest level June 2021, but remained 3 times higher than the historical average before the onset of COVID-19, according to data Tuesday by CoreLogic
by Taylor Anderson Dec 20
As investors eye deals on rentals, Lennar offers thousands of homes
The nation’s second-biggest homebuilder is marketing thousands of homes at a time when investors are looking for deals on rental properties, according to a new report
by Taylor Anderson Dec 12
Single-family rent growth slows for fifth-straight month in September
Rent remained 10.2% above September 2021 levels and 22.6% compared to 2 years earlier, according to the single-family rent index from property data information company CoreLogic
by Taylor Anderson Nov 15
Home prices continued to fall in September, buyer demand cooled
Home prices posted a 0.5% decline between August and September and were up 11.4% from September 2021, according to new data
by Ben Verde Nov 1
With rent high and sales slow, more owners are becoming landlords
The slowdown in home sales, paired with the meteoric rise in rent, has more homeowners looking to become landlords rather than sell their homes in this market
by Taylor Anderson Sep 27
Rent rose so much, so fast it might have contributed to latest downtick
Yet another report — this one by CoreLogic — shows that the rapid pace of rent increases is beginning to slow. Some of the increases occurred so quickly that they may have cooled growth
by Taylor Anderson Sep 20
MLSs on California and Nevada border team up to share tools
Agents who belong to either the Northern Nevada Regional MLS or the South Tahoe Association of Realtors can access both systems through a single-sign-on dashboard
Single family rent growth slows, but prices are still way above 2021 levels
Single-family rents in June clocked in at 13.4% above levels in June 2021, but growth has slowed modestly month over month, according to new CoreLogic data released Tuesday
by Ben Verde Aug 16
For-sale sign home prices yard sign
The increase, while unusually high by normal standards, marked the 2nd month of deceleration as the market shifts away from the cheap mortgage environment brought about by COVID
by Ben Verde Aug 2
Home price growth reached point of sustained slowdown in May
Mortgage rates began to take a toll on price growth as early as this spring. But prices remained more resilient than other market indicators, according to the S&P Corelogic Case-Shiller Index
by Daniel Houston Jul 26
The run-up of single-family rental prices paused in May: report
The jump in May was still well above the historical average, but it was the first time in 14 months that it hadn't accelerated over the month before
by Taylor Anderson Jul 19
New MLS company will sell data, pay brokers for their listings
REdistribute, a joint venture formed by California Regional MLS and Bright MLS, plans to deliver aggregated MLS data to financial institutions starting in 2023
by Andrea V. Brambila Jul 14
CoreLogic eyes industrywide data consolidation with new platform
Discovery Platform is being marketed across the industry, from real estate agents to insurance providers, and could be considered a real estate iteration of an enterprise cloud service
by Craig C. Rowe Jun 29
When exactly was the turning point for home price growth?
At the year's outset, housing experts wondered when the market's rapid price growth might begin to slow. New data from S&P CoreLogic Case-Shiller Home Price Index provides fresh clues
by Daniel Houston Jun 28
Rent spiked again in April, expected to keep climbing through the year
The pace of rent price growth was more than double what it was a year ago, reaching 14 percent for a single-family home in April, according to a report released Tuesday by CoreLogic
by Taylor Anderson Jun 21
Delinquency rates remain at rock bottom, according to new report
CoreLogic reports the number of people behind on their mortgage payments fell to a new record low, helped by rise in home prices and past government protection
by Taylor Anderson Jun 14
Homeowners gained $3.8T in equity over the past year, CoreLogic says
Homeowner equity grew by 32.2% in the past year as the number of borrowers underwater on their mortgages fell to a new low. California, Hawaii and Washington led the way
by Taylor Anderson Jun 8
Is it a housing bubble? Nearly 68% of housing markets are overvalued
Within the last year alone, home price growth, which has reached 20.6%, has become 4 times greater than income growth, which is a mere 4.8%
SafeRent discriminated against Black, Hispanic renters often: Suit
The tenant screener violated the Fair Housing Act for years as it doled out disproportionately low scores to Black and Hispanic rental applicants with housing vouchers, a new federal lawsuit says
by Lillian Dickerson May 31
Even in a shifting market, rent keeps rising at record pace — 13.6%
Ongoing inventory shortage and high home sale prices drive record increases of monthly rents for single-family homes, with red-hot Miami leading the pack at 41% climb, CoreLogic says
by Taylor Anderson May 17
Home prices soared 20% annually in February. Analysts say we've peaked
Prices grew at the third-fastest annual pace in 35 years, according to the US National Home Price Index, released Tuesday. Since then, experts have observed early signs of a cooling market
by Daniel Houston Apr 26
As mortgage lenders' costs rise, so do homebuyers' closing costs
Rising home prices and lender costs helped drive up homebuyers' closing costs by 13.4% in 2021, to an average of $6,905. Loan production expenses hit an all-time high during Q4 2021
by Matt Carter Apr 22
Zillow changes tune on 2023 home values and sales. Here's why
Zillow now expects home value growth to reach 14.9% through March 2023, down from its previous estimate of 16.5% growth. What's with the downgrade?
by Lillian Dickerson Apr 22
Bright MLS outages spark ire among members of 2nd largest MLS
CoreLogic's Matrix has been down off and on for nearly a week for Bright's 100,000-plus subscribers in the Mid-Atlantic region, subscribers and executives of the MLS confirmed
January home prices see 4th-largest year-over-year gain in 35 years
The 19.2 percent year-over-year jump was the fourth-largest increase recorded in the 35-year history of the Corelogic Case-Shiller Index
by Ben Verde Mar 29
2021 home prices rose nearly 20%, tallying highest growth in 34 years
Prices rose 18.8% year over year in 2021, the biggest uptick in the 34-year history of the S&P CoreLogic Case-Shiller Index and a giant leap from 2020 when home prices increased 10.4%
by Ben Verde Feb 22
One in 10 US homes impacted by natural disasters in 2021
A CoreLogic report found that 14.5M properties were subject to natural disasters that caused $56.9B in property damage last year. These events can have long-term impacts on communities
by Matt Carter Feb 18
Single-family rental prices tripled their rate of growth in 2021
Annual rent price gains soared 7.8% in 2021, notching a record-breaking year amid a supercharged market, according to new data released Tuesday by CoreLogic
by Ben Verde Feb 15
When will it be a buyer's market? Hold that thought, experts warn
Even with rising rates, record high prices and an increase in new home construction, the seller’s market isn’t set to end soon, economists and housing experts told Inman
by Taylor Anderson Feb 2