Nearly half the nation’s states plus the District of Columbia have reached their price peaks from the housing boom or are within 10 percent of doing so, CoreLogic reported today. Read More »

In its forecast for September year over year home prices, CoreLogic is ignoring predictions for a slowing down of the recovery with the end of the 2013 home buying season and predicts a 12.7 percent price hike in September after reporting August prices reached 12.4 percent. Read More »

Rising home values helped some 2.5 million homeowners return to a state of positive equity, but under-equitied mortgages-those with less than 20 percent equity– still account for one out of five, or 21.1 percent, of all residential properties with a mortgage nationwide in the second quarter of 2013, according to the latest CoreLogic report. Read More »

Two years ago, to the delight of investors and the anguish of homeowners, foreclosures regularly sold for 30 percent or more below the price of “normal” homes. How times have change! Now the foreclosure discount is less than half that amount and still headed south. Read More »

July 2013 home prices, including distressed sales, are expected to rise by 12.5 percent on a year-over-year basis from July 2012 and rise by 1.8 percent on a month-over-month basis from June 2013m, the fastest pace since 1977, according to CoreLogic’s Pending HPI released this morning. Read More »

Though in past they have been a drag on local home values, foreclosures and short sales actually are now rising in price so much faster than normal homes that they are driving up price increases and pulling normal homes with them. Read More »

Four times more homeowners returned to positive equity in the first quarter of year as the recovery drove home values higher across the nation. Read More »

Home prices nationwide, including distressed sales, increased 12.1 percent on a year-over-year basis in April 2013 compared to April 2012. This change represents the biggest year-over-year increase since February 2006 and the 14th consecutive monthly increase in home prices nationally. On a month-over-month basis, including distressed sales, home prices increased by 3.2 percent in April 2013 compared to March 2013*, according to the April CoreLogic HPITM report.

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Foreclosure inventories fell 24 percent from last year at this time and completed foreclosures fell 16 percent year over year, according to the CoreLogic April National Foreclosure Report. Read More »

Real estate agents report banks are keeping foreclosures off the market in hopes of higher prices, a practice that is temporarily reducing the percentage of distress sales but lengthening the foreclosure timeline. Read More »