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Anand Nallathambi

Shadow Inventory See 23 Percent Dip Nationwide YOY in January

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CoreLogic released its February 2014 National Foreclosure Report with a supplement featuring quarterly shadow inventory data as of January 2014. There were 43,000 completed foreclosures in the United States in February 2014, down from 51,000 in February 2013, a year-over-year decrease of 15 percent.Click to continue

U.S. Home Prices Rise 12.2 Percent Year-Over-Year in February

For Sale/Credit: Stockbyte

CoreLogic released its February CoreLogic Home Price Index report. Home prices nationwide, including distressed sales, increased 12.2 percent in February 2014 compared to February 2013. This change represents 24 months of consecutive year-over-year increases in home prices nationally. On a month-over-month basis, home prices nationwide, including distressed sales, increased by 0.8 percent in February 2014 compared to January 2014.Click to continue

More Than Four Million U.S. Homes Return to Positive Equity in 2013

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CoreLogic has released new analysis showing four million homes returned to positive equity in 2013, bringing the total number of mortgaged residential properties with equity to 42.7 million. The CoreLogic analysis indicates that nearly 6.5 million homes, or 13.3 percent of all residential properties with a mortgage, were still in negative equity at the end of 2013. Due to a small slowdown in the quarterly growth rate of the Home Price Index, the negative equity share was virtually unchanged from the end of the third quarter of 2013.Click to continue

U.S. Foreclosures Drop by 20 Percent Year-Over-Year in January

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CoreLogic released its January National Foreclosure Report, which provides data on completed U.S. foreclosures and foreclosure inventory. According to CoreLogic, for the month of January 2014, there were 48,000 completed foreclosures nationally, down from 59,000 in January 2013, a year-over-year decrease of 19 percent. On a month-over-month basis, completed foreclosures were up 11.8 percent from the 43,000 reported in December 2013.Click to continue

CoreLogic: Annual Home Price Growth Strongest Since 2005

Home Equity/Credit: Comstock

CoreLogic has released its December CoreLogic Home Price Index (HPI) report which found that year-over-year, home prices nationwide, including distressed sales, increased 11 percent in December 2013 compared to December 2012. This change represents the 22nd consecutive monthly year-over-year increase in home prices nationally. On a month-over-month basis, home prices nationwide, including distressed sales, decreased by 0.1 percent in December 2013 compared to November 2013.Click to continue

Shadow Inventory Down to 1.7 Million Homes Nationwide

Shadow Home/Credit: Comstock

CoreLogic released its November National Foreclosure Report with a supplement featuring quarterly shadow inventory data as of October 2013.

According to CoreLogic analysis:

►There were 46,000 completed foreclosures in the United States in November 2013, down from 64,000 in November 2012, a year-over-year decrease of 29 percent. On a month-over-month basis, completed foreclosures decreased 8.3 percent, from 50,000 in October 2013.Click to continue

Home Prices Climb Nearly 12 Percent Nationwide Over 2012 in November

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CoreLogic released its November CoreLogic Home Price Index (HPI) report. Year over year, home prices nationwide, including distressed sales, increased 11.8 percent in November 2013 compared to November 2012. This change represents the 21st consecutive monthly year-over-year increase in home prices nationally. On a month-over-month basis, home prices nationwide, including distressed sales, increased by 0.1 percent in November 2013 compared to October 2013.Click to continue

Thirteen Percent of Mortgagees Remain in Negative Equity at Close of Q3

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CoreLogic released new analysis showing approximately 791,000 more residential properties returned to a state of positive equity during the third quarter of 2013, and the total number of mortgaged residential properties with equity currently stands at 42.6 million. The analysis indicates that nearly 6.4 million homes, or 13 percent of all residential properties with a mortgage, were still in negative equity at the end of the third quarter of 2013.Click to continue

Completed Foreclosures Drop 25.6 Percent Monthly in October

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CoreLogic has released its October National Foreclosure Report which provides data on completed U.S. foreclosures and the national foreclosure inventory, which found that there were 48,000 completed foreclosures in the U.S. in October 2013, down from 68,000 in October 2012, a year-over-year decrease of 30 percent. On a month-over-month basis, completed foreclosures decreased 25.6 percent, from 64,000 reported in September.Click to continue

Rising Home Prices Continue Year-Over-Year Trend in September

House For Sale/Credit: Jupiterimages

CoreLogic released its September CoreLogic Home Price Index (HPI) report. Home prices nationwide, including distressed sales, increased 12 percent on a year-over-year basis in September 2013 compared to September 2012. This change represents the 19th consecutive monthly year-over-year increase in home prices nationally. On a month-over-month basis, including distressed sales, home prices increased by 0.2 percent in September 2013 compared to August 2013.Click to continue