CoreLogic to acquire automated closing costs firm ClosingCorp
The deal is expected to close in the third quarter if it receives regulatory approvals and meets 'customary closing conditions,' the California-based company said in a statement
With new FTC chair, expect greater scrutiny on the real estate industry
Lina Khan's appointment at the Federal Trade Commission last week appears to indicate the Biden administration plans to take an aggressive approach to antitrust regulation
by Andrea V. Brambila Jun 29
Rent prices growing faster than pre-pandemic levels: CoreLogic
Rent for a single-family home grew by 5.3% across the country in April, according to the latest report from CoreLogic
Average homeowner gained $33,400 in equity last year: CoreLogic
This number represents a 19.6% increase year-over-year, and the highest annual gain in at least a decade
Mortgage delinquency rates continue to improve: CoreLogic
While on the decrease from past months, mortgage delinquencies are still up 1.3 percentage points from last March
Insight Partners, Stone Point finalize CoreLogic acquisition
Stone Point Capital and Insight Partners completed their acquisition of CoreLogic for $5.9B Friday. The company received offers from several other firms including CoStar Group
by Marian McPherson Jun 7
Home prices rise by 13% from last year: CoreLogic
This is the third month in a row that home prices across the country have seen double-digit annual growth
MLS company acquires tech to launch new showing service
Citing 'acquisition anxiety' after Zillow's deal with ShowingTime, MLS Aligned has purchased the technology behind real estate messaging and showing platform Agent Inbox
by Andrea V. Brambila May 25
Home prices skyrocketed in March, notching biggest gain since 2005
Home prices rose 13.2%, according to the S&P/Case-Shiller US National Home Price Index
Home prices surge to new high — but is it sustainable?
Home prices continue to surge, hitting double-digit increases for the third consecutive month, according to the latest Case-Shiller report, released Tuesday
by Kelsey Ramírez Apr 27
Google searches for 'When is the housing market going to crash' spike
As home prices surge and consumers recall the last time the housing market was this hot, it’s no wonder that fears of a housing crash have begun to surface
by Kelsey Ramírez Apr 13
Home prices are growing at the fastest rate since 2006
Home prices increased 10.4% in February 2021 from the previous year, and increased 1.2% from January, according to the latest CoreLogic Home Price Index report
by Kelsey Ramírez Apr 6
Home price growth continues steep upward trajectory: Case-Shiller
Home prices rose by 11.2%, according to the latest S&P/Case-Shiller US National Home Price Index
Rent prices continue to soar across US: CoreLogic
Rent prices are significantly higher than they were at the same time last year, rising by 3.8% nationwide in January, according to a Single-Family Rent Index report released Tuesday
While still high, mortgage delinquencies see small decline
5.8% of homeowners fell delinquent on their mortgages in December, compared to 3.7% during the same period in 2019
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