America is facing a significant housing shortage, especially at entry-home level. And unnoticed by most, America’s mom-and-pop investors are quietly leading the charge in fixing this.
Small-time investors who flocked to the housing market in recent years have done well. But it’s now time to sell, said one of the nation’s top housing economists.
The analysis by CoreLogic economists shows American homeowners with mortgages lost a combined $108.4 billion in home equity last quarter on a year-over-year basis.
Experts say that a 2008-style housing crash is unlikely to happen now, if only because lending standards are much tighter than they were prior to the Great Recession. Still, foreclosures are starting to tick upward.
Short-term interest rate buy-downs and free or discounted upgrades may soon be coming to a housing market near you.
The average Massachusetts homeowner gained $31,000 in equity in the third quarter on a year-over-year basis, CoreLogic reported, nearly double the national average.
A new report from CoreLogic finds that only 2.9 percent of mortgaged Massachusetts residential properties were underwater on their loans in the second quarter of this year.
Growth in home prices contributed around 15 percent of the growth in America’s GDP during what is now the longest economic expansion in the country’s history.
Prices are up, interest rates are rising and it’s tough for a lot of people to qualify to buy a home. So what do some of them do? A growing number of them fake it.
What if Congress passed a massive tax bill with scary cutbacks in deductions for homeowners – prompting dire predictions of mass property-value declines – but nothing much happened?
A new report from real estate data analytics firm CoreLogic finds low unemployment and high home equity has contributed to low delinquency rates across the nation.
Home prices rose both year over year and month over month in April, according to the most recent release from real estate analytics firm CoreLogic.
Global property information provider CoreLogic reports that 4.8 percent of mortgages nationwide were in some stage of delinquency in February 2018. This represents a 0.2 percentage point decline in the overall delinquency rate, compared with February 2017, when it was 5 percent.
Home prices increased nationally by 7 percent year over year from March 2017 to March 2018, while on a month-over-month basis, prices increased by 1.4 percent, according to a new release from property information provider CoreLogic.
In the fourth quarter of 2017, U.S. homeowners with mortgages (which account for roughly 63 percent of all properties, according to a 2016 American Community Survey) have seen their equity increase 12.2 percent year over year, representing a gain of $908.4 billion since the fourth quarter of 2016, according to a report released today from CoreLogic, a global property information provider.
Nationally, 5.3 percent of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in December 2017, according to CoreLogic, a global property information provider. This represents no change in the overall delinquency rate compared with December 2016 when it was also 5.3 percent.
Home prices were up nationwide both year over year and month over month, according to the December 2017 Home Price Index released today by global property information provider CoreLogic.
Nationwide, 5.1 percent of mortgages were in some stage of delinquency (30 days or more past due including those in foreclosure) in October 2017, according to a report released by CoreLogic, a global property information provider.
Nationally, 5 percent of mortgages were in some stage of delinquency (30 days or more past due including those in foreclosure) in September 2017, according to a recent CoreLogic report.
U.S. homeowners with mortgages – roughly 63 percent of all homeowners – have collectively seen their equity increase 11.8 percent year over year a gain of $870.6 billion since the third quarter of 2016, according to a new home equity analysis from CoreLogic.
