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CoreLogic
According to data released yesterday by CoreLogic, of the nation’s 25 largest CBSAs, Chicago had the third highest number of completed foreclosures (20,113) in the twelve months ending in February 2013, trailing only Atlanta and Phoenix. Chicago’s foreclosure inventory declined 1.3% year-over-year while the national foreclosure inventory declined by 21%. Yesterday’s CoreLogic news release: According ...
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Posted by Joe Zekas on March 29, 2013
CoreLogic released its January Home Price Index report today: Home prices nationwide, including distressed sales, increased on a year-over-year basis by 9.7 percent in January 2013 compared to January 2012. This change represents the biggest increase since April 2006 and the 11th consecutive monthly increase in home prices nationally. On a month-over-month basis, including distressed ...
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Posted by Joe Zekas on March 5, 2013
CoreLogic released its November Home Price Index report yesterday. The highlights: Home prices nationwide, including distressed sales, increased on a year-over-year basis by 7.4 percent in November 2012 compared to November 2011. This change represents the biggest increase since May 2006 and the ninth consecutive increase in home prices nationally on a year-over-year basis. On ...
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Posted by Joe Zekas on January 16, 2013
CoreLogic released its National Foreclosure Report for October yesterday. The report provides data on completed U.S. foreclosures and the overall foreclosure inventory. According to CoreLogic: There were 58,000 completed foreclosures in the U.S. in October 2012, down from 70,000 in October 2011 representing a year-over-year decrease of 17 percent. On a month-over-month basis, completed foreclosures ...
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Posted by Joe Zekas on December 4, 2012
CoreLogic today released its September Home Price Index (HPI®) report. Home prices nationwide, including distressed sales, increased on a year-over-year basis by 5 percent in September 2012 compared to September 2011. This change represents the biggest increase since July 2006 and the seventh consecutive increase in home prices nationally on a year-over-year basis. On a ...
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Posted by Joe Zekas on November 6, 2012
According to the latest CoreLogic statistics, 30.1% of all homeowners with a mortgage in the Chicago-Joliet-Naperville area owed more on their homes than they were worth, i.e. they were in “negative equity” territory. That’s the bad news. The good news is that there was a significant decrease in the number of local homeowners in negative ...
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Posted by Joe Zekas on September 13, 2012
According to newly released data from CoreLogic, June 2012 foreclosure rates in Chicago-Joliet-Naperville decreased over the same period last year. Per CoreLogic’s news release: The CoreLogic data reveals that the rate of Chicago-Joliet-Naperville area foreclosures among outstanding mortgage loans was 5.96 percent for the month of June 2012, a decrease of 0.13 percentage points compared ...
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Posted by Joe Zekas on August 23, 2012
Yesterday’s email brought the following home price info from CoreLogic: In Chicago-Joliet-Naperville, home prices, including distressed sales, declined by 7.3 percent in April 2012 compared to April 2011 and declined by 7.9 percent in March 2012 compared to March 2011. Excluding distressed sales, year-over-year prices declined by 1.1 percent in April 2012 compared to April ...
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Posted by Joe Zekas on June 6, 2012
CoreLogic has just released its National Foreclosure Report for April (registration required). According to CoreLogic, Illinois (5.3%) ranked third among the five states with the highest foreclosure inventory as a percentage of all mortgaged homes, trailing Florida (12.0%) and New Jersey (6.7%), and ahead of New York (5.0%) and Nevada (5.0%). Chicago, at 6.3%, had ...
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Posted by Joe Zekas on May 31, 2012
CoreLogic has just released its MarketPulse report for May (pdf), based on March 2012 data. The money quote: Nationally, the housing market is in the process of transitioning to more stability in sales and home prices. Inventory levels are reasonable again, and even tight in some markets. The share of REO sales is declining due ...
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Posted by Joe Zekas on May 10, 2012
CoreLogic has released its March Home Price Index report which shows that nationally home prices, including distressed sales, declined on a year-over-year basis by 0.6 percent in March 2012 compared to March 2011. On a month-over-month basis, home prices, including distressed sales, increased by 0.6 percent in March 2012 compared to February 2012, the first ...
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Posted by Joe Zekas on May 9, 2012
CoreLogic has just released its April MarketPulse report (pdf), with a raft of statistical data from February and some analytical insights that are worth a close read. In the Chicago-Joliet-Naperville area 37.6% of sales were foreclosures or short sales in February. The House Price Index was down 1.7% month-over-month and 7.3% year-over-year. Almost one of ...
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Posted by Joe Zekas on April 11, 2012
CoreLogic released its February Home Price Index yesterday, and once again the Chicago numbers are down: In the Chicago-Joliet-Naperville area, home prices, including distressed sales, declined by 7.3 percent in February 2012 compared to February 2011 and declined by 9.1 percent* in January 2012 compared to January 2011. Excluding distressed sales, year-over-year prices declined by ...
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Posted by Joe Zekas on April 5, 2012
According to CoreLogic’s March MarketPulse report (PDF), the Chicago-Joliet-Naperville CBSA saw 3,622 home sales in January of 2012, down 10.4% from the previous year. REO sales (1,267) and short sales (668) accounted for 53.4% of all January sales. Mean days on market for active properties increased by 22.4%, while the mean days on market for ...
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Posted by Joe Zekas on March 9, 2012
CoreLogic, in a news release not yet updated to its news page, just announced its first national Foreclosure Report which provides monthly data on completed foreclosures, foreclosure inventory and 90+ delinquency rates. According to the report: Completed foreclosures for all of 2011 totaled 830,000 compared with 1.1 million in 2010. In December 2011 there was ...
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Posted by Joe Zekas on February 8, 2012
Foreclosure rates in Chicago-Joliet-Naperville have increased for the month of June over the same period last year, according to CoreLogic. According to newly released data from CoreLogic on foreclosures for the Chicago-Joliet-Naperville area, the rate of foreclosures among outstanding mortgage loans is 6.07 percent for the month of June 2011, an increase of 1.51 percentage ...
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Posted by Joe Zekas on September 8, 2011
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