Economy
Storms leave lasting impacts on local housing markets
Editor’s note: CoreLogic chief economist Frank Nothaft’s column has appeared in Scotsman Guide for years. It is with sadness to report that he unexpectedly died
Editor’s note: CoreLogic chief economist Frank Nothaft’s column has appeared in Scotsman Guide for years. It is with sadness to report that he unexpectedly died
The COVID-19 pandemic has contributed to unprecedented migration throughout the U.S. and an increasing need for new homes in places with fast population growth. Over
Last year was an extraordinary one for the U.S. housing market — record-low interest rates, record-high annual growth for single-family home prices and rents, foreclosure
Long-term interest rates, such as those for fixed-rate mortgages, are affected by expectations of future inflation. If inflation is predicted to be higher in the
With interest rates declining to record lows during 2020, the U.S. mortgage market had the largest number of originations in 17 years and the second
The construction of new homes is important to meet the need for shelter of the expanding U.S. population. CoreLogic public records data shows that sales
A truly unprecedented year is now in the books. With that in mind, let’s look ahead at several housing-market trends that are likely to occur
This past summer saw the national CoreLogic Home Price Index (HPI) record annual price growth of 4% to 5%, about a percentage point higher than
The COVID-19 pandemic triggered widespread shelter-in-place orders and the declaration of a national emergency this past March. These events had significance for the mortgage and
Economists often use national data to convey broad trends in the U.S. housing market, but that can obscure divergent behavior in some locations. As an
