Tag Archive | "CoreLogic"

Foreclosure Inventory Ballooned in First Quarter

Thursday, March 28, 2013

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The inventory of properties in the foreclosure process expanded by nearly 10 percent in the first quarter, casting a pall over the housing recovery as local markets prepare for more foreclosures than expected. However, a high level of demand driving by investor activity may mitigate their impact.

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Florida Shifts into Reverse

Wednesday, March 20, 2013

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While the rest of the nation's housing markets experience various levels of recovery, most markets in Florida seem to be relapsing to the heyday of the Foreclosure Era after a brief period of improvement.

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Hedge Funds are Fueling Foreclosure Inflation

Tuesday, March 19, 2013

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Though hedge fund purchases on a national level have had minimal impact, in the nation's hottest foreclosure markets hedge funds, or institutional investors, are contributing to double digit foreclosure price increases and dramatic declines in REO inventories.

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Foreclosures Re-infect Florida Markets

Thursday, February 14, 2013

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It's deja vu all over again in Florida. In a virtual re-run of Florida's housing economy, its foreclosure starts lead the nation, prices are falling and inventories are too big, especially on the coasts.

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Less than Half of Today’s Mortgages Will Qualify Under New Mortgage Rules

Tuesday, February 12, 2013

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Two new Treasury Department mortgage regulations designed to reduce lender risk will make it impossible for 60 percent of the mortgages being approved today to be approved in seven years. The impact will be greater for mortgages used to buy homes rather than refinance and in the states where prices have been most volatile.

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“Sand States” are Still the Wettest

Thursday, January 17, 2013

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Some 10.7 million homeowners, or 22 percent of all residential properties with a mortgage, were in negative equity at the end of the third quarter of 2012, down by 100,000 from the second quarter. But the "sand states", the states that dominated foreclosures for years, still account for a lion's share of underwater borrowers.

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CoreLogic: Prices Rose 7.9 Percent in 2012

Tuesday, January 15, 2013

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December 2012 home prices are expected to rise by 7.9 percent on a year-over-year basis from December 2011 and fall by 0.5 percent on a month-over-month basis from November 2012 reflecting a seasonal winter slowdown, CoreLogic said today.

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Fannie and Freddie have a Florida Problem

Thursday, January 3, 2013

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Despite falling delinquency rates among lenders as a whole, delinquencies increased for Fannie Mae and Freddie Mac borrowers, especially in Florida. Coincidentally, CoreLogic announced today Florida leads the nation in the size of its foreclosure inventory.

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National Foreclosure and Shadow Inventories fell by a Total 500K in 2012

Wednesday, January 2, 2013

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The current residential shadow inventory as of October 2012 fell to 2.3 million units, representing a supply of seven months. The October 2012 inventory level fell 12.3 percent from a year earlier, when the shadow inventory stood at 2.6 million units.

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Homeowners’ Equity Reaches Highest Level in Four Years

Monday, December 10, 2012

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In the third quarter, homeowners' equity rose nearly 18 percent over the level of a year ago to reach the highest level recorded since the second quarter of 2008.

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