CoStar withdraws bid for CoreLogic after pushback
CoStar cites rising interest rates' impact on the mortgage refinancing market for changing the company's view on the value of CoreLogic
CoStar strikes out on latest CoreLogic acquisition bid
CoreLogic board asks for more cash for shareholders and a shorter deal time to make up for CoStar's stock price volatility
CoStar will pay RentPath $52M for scuttled deal
After the FTC spiked CoStar's attempted acquisition of RentPath, Redfin stepped in to buy the embattled operator of rental marketplaces
by Patrick Kearns Mar 4
Home prices skyrocket, surpass all predictions: CoreLogic
Amid the sky-high growth, 76% of U.S. non-homeowners said that they have no plans to buy in the next 6 months
CoStar ups its bid for attempted CoreLogic acquisition
CoStar CEO Andy Florance believes the CoreLogic board will deem its offer 'superior' to a winning joint bid by Stone Point Capital and Insight Partners within 48 hours
by Patrick Kearns Mar 1
CoStar revenue leaps to $1.7B, but profits take a hit
The company closed three acquisitions in 2020, and CEO Andrew Florance indicated during an earnings call that CoStar's buying spree is far from over
by Andrea V. Brambila Feb 24
Not over yet! CoStar makes another play to buy CoreLogic for $7B
In a letter to CoreLogic shareholders, CoStar Group CEO Andy Florance outlines a 'superior' proposal to trump private equity bidders
by Patrick Kearns Feb 16
The cost of rent just keeps climbing: CoreLogic
Nationwide rent prices rose 3.8% in December, with Phoenix seeing a jump of 10.7%
Even as unemployment improves, delinquency rates keep rising
5.9% of homeowners fell delinquent on their mortgages in November, according to new data from CoreLogic
CoreLogic acquired by Stone Point Capital, Insight Partners for $6B
CoStar Group, which has made a significant move into the residential real estate space, had also reportedly been attempting to acquire CoreLogic and was one of the final bidders
by Patrick Kearns Feb 4
Home price growth reaches high unseen since 2014: CoreLogic
Home values increased by 9.2% in December, while inventory dropped 24% below 2019 levels
Rent prices growing faster than pre-pandemic: CoreLogic
Widespread unemployment has not managed to dampen rent growth in most parts of the country
Serious delinquencies rising fast: CoreLogic
In October, 6.1% of mortgages in the United States were in some form of delinquency
Fast home price growth could fuel affordability crisis: CoreLogic
Home prices across the country grew by 8.2% in November, jumping 1.1% from the month before
Rent prices spike in most major cities: CoreLogic
While the average rent price rose 3.1% nationwide, Boston and Honolulu were notable exceptions
Homeowners gained $17K in equity this year: CoreLogic
While the effects of the pandemic may manifest later, equity increases have not been this high since 2014
Mortgage delinquency remains high amid pandemic: CoreLogic
Nationwide, 6.3% of mortgages were in some state of delinquency in September — up from 3.8% one year earlier, according to the property analytics provider
Home prices spike after summer lull: CoreLogic
Nationwide home prices grew at the fastest pace since 2014
Read: Inman's complete interview with CoStar CEO Andy Florance
Brad Inman sat down with Florance to talk about CoStar's business model, plans for Homesnap and a possible CoreLogic deal. By popular demand, we've transcribed the interview
by Inman Nov 25
CoStar CEO to Zillow: Here we come
CoStar Group CEO Andy Florance is ready to take on Zillow, and he didn’t hold back in an exclusive interview with Brad Inman. Read highlights and listen to the entire interview, his first since announcing the acquisition of Homesnap
by Brad Inman Nov 24
Rent price growth reaches pandemic peak: CoreLogic
Rent for a single-family home grew by 2.5% in September, the largest increase since March
CoreLogic launches consumer search with OneHome
Opinion
Data and analytics company's new invite-only, lifestyle-driven home search portal is mostly good, with consumer resources and tools for agents to collaborate
by Craig C. Rowe Nov 13
Delinquencies continue to rise across the country
CoreLogic reported a 2.9% rise in mortgage delinquencies in August compared to last year
Home price growth reaches 6-year high in September
After a slow summer, home prices rose 6.7 percent in early fall
Losses from Hurricane Zeta wind and storm surge could reach $4B
Insured wind losses are estimated to cost between $2.2B and $3.5B, while insured storm surge losses could clock in at an additional $300M to $500M, according to CoreLogic
Who does Zillow fear? Not who you think
Opinion
A 33-year-old commercial real estate data company is scratching at the door of online residential real estate and could be on the scene by next year
by Brad Inman Nov 2
Sluggish in early summer, home price growth accelerates in August
August's home price index was the largest in 2 years, according to the S&P CoreLogic Case-Shiller US National Home Price NSA Index
by Patrick Kearns Oct 27
CoreLogic launches 'dramatically' more accurate new AVM
The automated valuation model is aimed at working for all business use cases without sacrificing hit rate
by Patrick Kearns Oct 21
As the pandemic drags on, mortgage delinquency rates rise
The 120-day delinquency rate for July was 1.4 percent — the highest rate in more than 21 years and double the Great Recession peak
Nearly 300K homes at risk with Hurricane Delta surge looming
Hurricane Delta is poised to cause property damage to 293,685 single-family and multifamily homes across the Gulf Coast while amassing $62.85B in reconstruction costs
Home price gains continue to accelerate: Case-Shiller
Home prices rose 4.8% year over year in July, according to the latest S&P CoreLogic Case-Shiller US National Home Price NSA Index
by Patrick Kearns Sep 29
Average homeowner gained $9,800 in equity this year
But the gains are not expected to last as effects of the coronavirus pandemic begin to show on the housing market, according to a new CoreLogic report released Monday
July home prices grow at fastest rate since 2018: CoreLogic
The 5.5% growth is an unexpected turnaround from the start of the pandemic
Rent price growth keeps slumping: CoreLogic
Rent prices grew by 1.4% in June, down from 2.9% growth last year
Home prices continued upward trend in June: CoreLogic
Historically low mortgage rates continue to draw in first-time buyers even amid the difficulties wrought by the pandemic
CoreLogic is fending off acquisition attempts from two investment firms
The two firms argued they could boost CoreLogic's performance. CoreLogic said they undervalued the company, and the ensuing disagreement has turned into a bitter month-long battle
by Jim Dalrymple II Jul 21
Rent prices still rising but at lowest rate in 10 years
'Single-family rent growth slowed abruptly in May as the nation felt the full impact of the economic crisis caused by the pandemic,' says CoreLogic's Molly Boesel
April delinquency rates soar amid pandemic
Nationwide delinquency rates were at 6.1% in April, signaling a troubling trend ahead
Home price growth stays strong amid high demand: CoreLogic
In May, nationwide home prices rose by 4.8% compared to the same time last year
Home price gains are holding steady: Case-Shiller
Home prices were up 4.7% year over year in April, according to the S&P CoreLogic Case-Shiller US National Home Price NSA Index, released Tuesday
by Patrick Kearns Jun 30
Summer outlook: Real estate heads into buying season on firm footing
In our multipart series on the US housing market this summer, Inman's Jim Dalrymple reports that the market hasn't fully returned to normal yet, but a number of metrics including prices and pending sales suggest it has been resilient amid the coronavirus crisis
by Jim Dalrymple II Jun 22
Rent price growth plummets amid widespread unemployment
Rent for single-family homes grew by 2.4% in April, a major drop from 3% in March
March delinquency rates remain at record lows despite coronavirus
3.6% of mortgages were in some stage of delinquency, the same as in February
Even as virus spread in March, home prices grew modestly
Home prices rose 4.4% in March, up from 4.2% during the previous month, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, released Tuesday
Rent prices could take a hit from widespread unemployment
Rent grew 3 percent in March, a small drop compared to the three preceding months
February's low delinquency rates are the 'calm before the storm'
'After a long period of decline, we are likely to see steady waves of delinquencies throughout the rest of 2020 and into 2021,' warns CoreLogic
While downturn looms, home price growth still sky-high in March
Home prices rose 4.5% in March even as closed home sales fell
February home price gains still at pre-pandemic levels: Case-Shiller
Home prices rose 4.2% in February, before closures due to the coronavirus began to wreak havoc on the real estate industry, according to latest US National Home Price NSA Index
Delinquency rates still low but a pandemic-related jump to come
'We expect delinquency rates to jump significantly throughout the year as the economic toll from COVID-19 becomes more evident,' CoreLogic President Frank Martell said