Rent prices skyrocket across the country: CoreLogic

Across the United States, renting a single-family home is getting more and more expensive by the month. According to the latest Single-Family Rent Index report from CoreLogic released on Tuesday, rent prices rose 6.6 percent in May from this time last year. Prices have risen at the highest level since January 2005, fueled by a … Read more

Delinquency rate hits lowest level seen in a year: CoreLogic

With the biggest hit taking place in the early months of the pandemic, the mortgage outlook continues to improve. Overall delinquency rates dropped annually for the first time since March 2020. According to the latest report from property analytics provider CoreLogic released on Tuesday, 4.7 percent of mortgages in the U.S. were in some state … Read more

The risks of taking out cash against a home in today’s market

Home equity has been a hot topic of conversation over the past year thanks to soaring home prices. According to CoreLogic, in May, national home prices saw a 15.4 percent year over year increase, the highest since 2005 and the fourth consecutive month of double-digit growth.  Consistent home price growth throughout the pandemic has created … Read more

Home prices jump a whopping 15.4% in May: CoreLogic

In just one year, home prices across the country rose by 15.4 percent in May — the fourth straight month of double-digit growth and an extraordinarily high number unseen since November 2005. Home prices also rose 2.3 percent from April to May, according to the latest CoreLogic Home Price Index report released on Tuesday. While great … Read more

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.” Real estate data and analytics giant CoreLogic has signed a deal to acquire automated closing costs firm ClosingCorp, CoreLogic announced Wednesday. The deal is expected to close in the third quarter if it receives regulatory … Read more

Why Americans shouldn’t give up on homeownership

Homeownership is an essential part of the American Dream. Using data from the 2015 Survey of Income and Program Participation, two U.S. Census Bureau researchers found that homeownership is the top contributor to household wealth in the U.S. “It is one of the primary ways that households in the United States build wealth, full stop,” … Read more

Rent prices growing faster than pre-pandemic levels: CoreLogic

Rent prices across the country are growing at breakneck speed, now more than double what they were at the same time in 2020. According to the latest Single-Family Rent Index report from CoreLogic released on Tuesday, nationwide rent prices grew at 5.3 percent in April — more than double the 2.4 percent growth seen in … Read more

Average homeowner gained $33,400 in equity last year: CoreLogic

According to the latest numbers from CoreLogic released on Thursday, the average American homeowner with a mortgage gained 19.6 percent in equity in the first quarter of 2021, which amounts to a $33,400 — the highest annual gain per borrower in at least a decade. The growth from the first quarter of 2020 to the … Read more

Mortgage delinquency rates continue to improve: CoreLogic

After an uncertain and difficult year amid the pandemic, mortgage delinquency rates are just now starting to recover. According to the latest report from property analytics provider CoreLogic released on Tuesday, 4.9 percent of mortgages across the country were in a state of delinquency in March. While up quite a bit from the 3.6 percent … Read more

Insight Partners, Stone Point finalize CoreLogic acquisition

Stone Point Capital and Insight Partners completed their acquisition of CoreLogic for $5.9 billion Friday. The company received offers from several other firms including CoStar Group. After a nearly one-year-long acquisition battle, CoreLogic is finally in the hands of Stone Point Capital and Insight Partners, according to an announcement on Friday. The company was acquired … Read more

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