CoreLogic: Market to blame for pushing home prices higher

DOJ set for second round of massive mortgage settlements The Justice Department and state officials are preparing the next round of billion-dollar mortgage settlements involving up to nine U.S. and European banks, according to people familiar with the.

Just an hour or so south on the motorway, where property prices are far lower, rental yields far higher and demand strong. And our buyer classification analysis clearly shows Auckland investors entering the Hamilton market for the first time and pushing out first home buyers in the lower and middle parts of the market.

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 · Massive institutional interest has helped firm up prices, but may also be dangerously pushing some markets too high too fast. Prices have increased for 12 straight months in 47 out of 50 states. According to CoreLogic data provider, U.S. home.

The housing market has generally recovered. Prices across the United States, which fell 33 percent during the recession, have rebounded and are now up more than 50 percent since hitting the bottom,

 · While the lower ends of the market have seen a softening, the higher end of the market has continued to hold strong. Some 7,497 homes sold in L.A. County last month, CoreLogic said.

Rising US home prices fuel concerns about unsustainable market. That means prices are now nearly 40 percent higher than they were at the depth of the crash in February 2012. By comparison, incomes jumped just 3 percent in February from the month before, and 12 percent from February 2012, according to the newspaper.

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 · Buyers ‘pushing back’ on rising home prices in Dallas-Fort Worth. The S&P CoreLogic Case-Shiller National Home Price Index showed a year-over-year increase for the 20-city composite at 5.9 percent, according to data released Tuesday. Home prices in the North Texas are more than a full percentage point above the composite.

CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced residential and commercial flood and wind loss estimates for Hurricane Barry. According to this data analysis, flood loss for residential and commercial properties in Louisiana is estimated to be between $200 million and $400 million which includes both storm surge and inland flooding.

Rising Home Prices Push Borrowers Deeper Into Debt Tight supply, higher mortgage rates make homeownership out of reach for many, pressuring lenders to ease credit standards