Nam HendersonAug 12, 2024
"In California, where fires have consumed more than roughly 220,000 acres of land in just this year, major insurers like State Farm, Allstate and Farmers have all pulled back. In some areas, they have stopped writing new policies and have canceled some existing policies...Spooked by these numbers, insurers are declining to write policies in huge swaths of the American West." https://www.nytimes.com/2024/07/15/business/wildfires-home-insurance-building-standards.html fts #CoreLogic re: #ManagedRetreat et al.
To Protect Against Wildfires, Insurers Try to Change Construction Standards

Property insurers are trying to force changes in construction standards that they say are necessary to protect against wildfires.

The New York Times
Matt MaisonJun 11, 2024

Pandemic Boomtown Housing Prices Slow but Retain Most of Their Gains
CoreLogic - June 11, 2024

“Also, these were hot markets before the pandemic due to robust population growth, suggesting that they have strong fundamentals for continued price appreciation in the long run.”

https://www.corelogic.com/intelligence/pandemic-boomtown-housing-prices-slow-but-retain-most-of-their-gains/

#RealEstate #CRE #CoreLogic
@realestate
ht @REfeeds

Pandemic Boomtown Housing Prices Slow but Retain Most of Their Gains

Austin, Boise, Phoenix and Salt Lake City have seen home price gains slow since the peak of their pandemic popularity, but prices in these metros are still showing resilience.

CoreLogic®
Matt MaisonApr 16, 2024

Why Climate Resilience Is Key to Future Real Estate Stability
CoreLogic - April 15, 2024

“In 1980, there was an average of 8.5 peril events per year causing over $1 billion in losses. In the last five years, that figure has doubled. Since 2019, there have been an average of 20.4 peril events per year.”

https://www.corelogic.com/intelligence/earth-day-climate-change-takes-center-stage-in-the-property-market-conversation/

#RealEstate #CRE #Multifamily #Green #CoreLogic
@realestate
ht @REfeeds

Why Climate Resilience Is Key to Future Real Estate Stability

CoreLogic's Climate Risk Analytics can help define climate risk management solutions for property portfolios.

CoreLogic®
Matt MaisonNov 14, 2023

Where Are the Most and Least Affordable US Single-Family Rental Markets?
CoreLogic - November 14, 2023

“Rent continues to rise at a moderate pace in 2023, while inflation and escalating home prices continue to diminish purchasing power for many Americans.”

https://www.corelogic.com/intelligence/most-and-least-affordable-us-rental-markets/

#RealEstate #SFR #Multifamily #CoreLogic

Where Are the Most and Least Affordable US Single-Family Rental Markets?

Households in some U.S. markets pay almost 60% of their incomes toward rent, while those in others spend less than 25%.

CoreLogic®
Nifty SparksNov 11, 2023

CoreLogic unveils 'ScanToSketch,' an AR tool for fast, accurate home appraisals. No special hardware needed, compatible with recent Apple devices.

#AR #CoreLogic #scanToSketch #ARtools
https://www.niftysparks.com/blogs?recordId=reczRHZwYS04atQOR

CoreLogic announces new augmented reality appraisal tool

CoreLogic unveils 'ScanToSketch,' an AR tool for fast, accurate home appraisals. No special hardware needed, compatible with recent Apple devices.

Matt MaisonOct 19, 2023

Annual US Rent Growth Continues to Moderate in August but Price Squeeze Persists
CoreLogic - October 17, 2023

“Annual U.S. single-family rent growth slowed to 2.9% in August, the 16th consecutive month of declines.
Single-family rents have increased by 30% nationwide since February 2020.”

https://www.corelogic.com/intelligence/annual-us-rent-growth-continues-moderate-august-price-squeeze-persists/

#CoreLogic #RealEstate #CRE #Multifamily #SFR #SingleFamilyRentals #BFR
@[email protected] @realestate

CoreLogic: Annual US Rent Growth Continues to Moderate in August but Price Squeeze Persists

While annual U.S. single-family rent increases continued to relax in August, tenants are still feeling the long-term pinch.

CoreLogic®
Show threadKdwk🕸️Oct 14, 2023
@sonny I’m currently writing #Spidey (https://github.com/kdwk/Spidey), an app that lets you open websites in individual windows in #Relm4. It has been an absolute joy to use. With very little boilerplate, almost every single line of code I wrote myself is #UI code or #coreLogic. It is very intuitive and convenient, with many helper functions and macros providing idiomatic wrappers for clunky #GTK methods.
Workflow runs · kdwk/Spidey

Contribute to kdwk/Spidey development by creating an account on GitHub.

GitHub
Matt MaisonJul 18, 2023

US Rent Growth Returns to Pre-Pandemic Level in May
CoreLogic - July 18, 2023

“Monthly single-family rent increases returned to a typical seasonal pattern in February of this year, suggesting that single-family rents are poised to continue increasing throughout 2023.”

https://www.corelogic.com/intelligence/us-rent-growth-returns-to-pre-pandemic-level-in-may-corelogic-reports/

#CoreLogic #SingleFamilyRentals #SFR #CRE #Real Estate
@[email protected] @realestate

US Rent Growth Returns to Pre-Pandemic Level in May, CoreLogic Reports

U.S. single-family rent growth dropped to 3.4% in May, with Chicago posting the nation's largest gain.

CoreLogic®
Show threadStrypeyApr 4, 2023

"600 or 700 [thousand dollar mortgage limits for an income of $100,000], somewhere there seems to be the indication, and I think it marks a pretty big shift. This will limit house price growth in future, and really limits how many properties people can own, because you can't shift your income massively overnight."

#KelvinDavidson, Chief Property Economist, #Corelogic

https://www.rnz.co.nz/national/programmes/morningreport/audio/2018884737/house-prices-dropping-but-still-30pct-higher-than-pre-pandemic

#mortgages #housing #HousingPrices

House prices dropping, but still 30pct higher than pre-pandemic

House prices are 30 percent higher than they were before Covid-19, according to the latest figures from CoreLogic. But the Reserve Bank's official cash rate hikes have helped cool the housing market - prices have slumped 10.5 percent nationally in the last year, and about 20-percent in the Wellington region. That's not great news for recent or highly indebted buyers and with a wave of mortgage re-pricing still to come, the housing market outlook is fairly subdued. Corelogic's chief property economist Kelvin Davidson spoke to Corin Dann.

RNZ
StrypeyApr 4, 2023

Bank economist inadvertently admits that neoclassical economic theory has little to do with reality:

"Good to see the economic theory playing out in reality, for once."

#KelvinDavidson, Chief Property Economist, #Corelogic

https://www.rnz.co.nz/national/programmes/morningreport/audio/2018884737/house-prices-dropping-but-still-30pct-higher-than-pre-pandemic

#economics #EconomicTheory #NeoClassical #banking

House prices dropping, but still 30pct higher than pre-pandemic

House prices are 30 percent higher than they were before Covid-19, according to the latest figures from CoreLogic. But the Reserve Bank's official cash rate hikes have helped cool the housing market - prices have slumped 10.5 percent nationally in the last year, and about 20-percent in the Wellington region. That's not great news for recent or highly indebted buyers and with a wave of mortgage re-pricing still to come, the housing market outlook is fairly subdued. Corelogic's chief property economist Kelvin Davidson spoke to Corin Dann.

RNZ