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Rising Mortgage Rates Dampen Demand as Home-Price Growth Falls

USA Real Estate News-RISMedia - Tue, 2023-02-07 15:01

The effect of rising mortgage rates on housing demand in 2022 became even more evident in December, with annual home price growth dipping to 6.9%, according to a new report from CoreLogic.  CoreLogic’s Home Price Index for December found that the current growth metric was well below the series high of 20% appreciation in April.…

The post Rising Mortgage Rates Dampen Demand as Home-Price Growth Falls appeared first on RISMedia.

ATTOM Integrates Propensity to Default Analytics

USA Real Estate News-RISMedia - Tue, 2023-02-07 15:00

ATTOM announced it has integrated propensity to default analytics into its U.S. property data warehouse by joining forces with Powerlytics—a predictive analytics solution provider with a proprietary database of anonymized tax returns covering over 150 million U.S. households. “What started as a focus in fueling real estate industry customers with premium property data, has exploded…

The post ATTOM Integrates Propensity to Default Analytics appeared first on RISMedia.

Price growth slowdown continued in December as mortgage rates peaked

USA Real Estate News-Inman - Tue, 2023-02-07 12:48
Home price growth fell 0.4 percent between November and December, while year-over-year single-family price growth dropped to 6.9 percent, according to new data released Tuesday by CoreLogic.
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