Historic wildfires will undeniably exacerbate LA’s housing shortage

Rents are expected to “surge,” according to CoreLogic Chief Economist Dr. Selma Hepp. Just how much of a housing shortage the county will face remains to be seen as families decide over the next few months whether they will even stay in LA. Continue reading

Agents scramble to find housing for those displaced by LA wildfires

As wildfires burned through LA County over the past three days, thousands of people were suddenly in need of temporary housing. The surge in demand is poised to create a spike in rental prices, agents said. Continue reading

5 strategies for unleashing your negotiation power in real estate 

If you want to be a better negotiator, pace yourself, come prepared with examples in hand, and collaborate to arrive at the best possible decision for your clients, trainer Bernice Ross writes. Continue reading

High mortgage rates cool down prices in these US metros

Home prices and sales have declined as the demand from all buyers, including investors and buyers interested in building homes, has cooled, according to a report from CoreLogic. Continue reading

Polly, nCino integration could help lenders build referral business

A growing network of partners including CoreLogic and Byte Software are accessing Polly’s capital markets platform and product and pricing engine through open APIs. Continue reading

Home prices surge to ‘near all-time highs’ amid rising mortgage rates

San Diego, Los Angeles, Washington DC and New York posted annual price increases for the third-straight month, with each of the cities S&P CoreLogic Case-Shiller tracks hitting record highs. Continue reading

Coastal cities lead as single-family rent growth soars to 10-month high

Rental price growth for single-family apartments surged 3.4 percent in February, with Boston, Seattle and New York City rising fastest among U.S. cities, according to CoreLogic data released Tuesday. Continue reading

Single-family home sales to investors hit all-time high

United States property investors are putting the pedal to the metal and feeling optimistic despite a turbulent housing market. Continue reading

Case-Shiller is a go-to source for prices — but know these blind spots

Repeat-sales models have been the gold standard in home-price tracking for decades. Intel examines what they miss, and what some data providers are doing to fill in the gaps. Continue reading