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CoreLogic: Prices on Track for 7.1 Percent Increase

October prices nationwide, including distressed sales, increased on a year-over-year basis by 6.3 percent in October 2012, the biggest increase since June 2006 and the eighth consecutive increase in home prices nationally on a year-over-year basis, according to the latest data from CoreLogic. Read More »

First-time Buyers Continue to Fade

The first-time homebuyer share of home purchases fell to 34.7 percent in October, down from the 37.1 percent share in June and the lowest first-time homebuyer share ever recorded in the three-year history of the HousingPulse survey. Read More »

Down Payments Fall to Three Year Low

The median downpayment made by all homebuyers in 2012 was 9 percent, ranging from 4 percent for first-time buyers to 13 percent for repeat buyers. The median down payment was the lowest since 2009 but still far above the levels during the housing boom, when nearly half of first-time buyers made no downpayment at all. Read More »

October Prices Seen Rising to Six Percent Annually

CoreLogic’s pending sales index indicates that October prices will rising by 5.7 percent on a year-over-year basis from October 2011 and falling by 0.5 percent on a month-over-month basis from September 2012 as sales exhibit a seasonal slowdown going into the winter. Read More »

Distressed Sales Reach Record Low

A continuing slide in the volume of distressed properties seen in the housing market is helping to boost home prices in many parts of the country. Meanwhile, uncertainty about the impact of next month’s national elections appears to be causing some would-be homebuyers to delay taking any action until after November, according to the October HousingPulse survey of real estate agents. Read More »

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