June 19, 2013

While housing markets deflated and subsequently bumped along a trough for several years, how many times did you hear that Texas appeared unscathed by the housing downturn? While significant lumber volumes continued to enter Texas, sales in other markets, such as those in Georgia and particularly the Atlanta market, were so scarce that empty and closed lumberyards in those markets became the norm.

December 4, 2012

Approximately 58,000 completed foreclosures occurred in the United States in October 2012, a 17% decline from the 70,000 foreclosures in October 2011, according to a report by CoreLogic, a provider of information, analytics and business services. On a month-over-month basis, completed foreclosures fell 25%, from 77,000 in September 2012 to the current 58,000. 

October 31, 2012

CoreLogic, an information and analytics provider, has reported 57,000 completed foreclosures in the United States in September 2012, down from 83,000 in September 2011 and 59,000 in August 2012. 

October 10, 2012

A just-released report by CoreLogic, an information and analytics provider, indicates that U.S. foreclosure inventory is at its lowest level since April 2010. But five states still account for almost 50% of all completed foreclosures nationally.

October 3, 2012

An analysis of home prices released by CoreLogic, a provider of information, analytics and business services, reported a 4.6% rise in home prices nationwide in August 2012. This change represents the biggest year-over-year increase since July 2006. On a month-over-month basis, including distressed sales, home prices increased by 0.3% in August 2012 compared to July 2012.

September 10, 2012

A just-released report by CoreLogic, a provider of data analytics and business services, identified more than 740,000 residences across 13 states in the western United States currently at high or very high risk for wildfire damage in 2012. Together, the homes represent an estimated property value of more than $136 billion in total.

March 21, 2012

CoreLogic, a provider of analytical information about the housing market, reported that the current residential shadow inventory as of January 2012 was 1.6 million units, approximately the same level reported in October 2011. CoreLogic estimates shadow inventory by calculating the number of distressed properties not currently listed on multiple listing services (MLSs) that are seriously delinquent, in foreclosure and real estate owned (REO) by lenders.

June 7, 2011

A study released today by CoreLogic, a real estate data and analysis firm, indicates that 38% of homeowners who took out home equity loans on their houses were “underwater” at the end of the first quarter of 2011, compared with 18% of borrowers with no home equity loans. More than 40% (4.5 million) of all negative equity borrowers have home equity loans.