CoreLogic® Releases April MarketPulse Report

—Report Reveals Potential Size of REO Rental Market in 2012 Is More Than $100 Billion Dollars—

SANTA ANA, Calif., April 11, 2012 — (PRNewswire) —  CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today released its April CoreLogic MarketPulse report. The monthly economic publication provides insight into the current and future health of the U.S. economic climate with particular focus on housing and mortgage metrics. Chief Economist Mark Fleming and Senior Economist Sam Khater authored the articles and commentary.

The April MarketPulse report:

  • Indicates "now is a good time to buy," with housing affordability at its highest level ever (as of February 2012), and shows many of the key housing metrics are holding steady through the typically slow winter season.
  • Reports the single-family rental market is strong and vibrant with high and stable rents, low months' supply and a healthy pace of signed rental leasings. The report reveals what markets offer the best return for single-family rental investors. "The potential size of the rental market for REOs this year (and annually over the next few years) is over $100 billion dollars," said Khater in the report.
  • Shows capitalization rates for single-family rental properties in 26 geographically diverse markets. Capitalization rates are the most common metric for determining the profitability of an investment property.
  • Provides a chart of the rent-to-mortgage ratio for Miami, Fla. The chart indicates the point in time when it became cheaper to buy than to rent, providing insight to investors buying and holding rental properties, as well as to new first-time home buyers.

For a complete copy of the April CoreLogic MarketPulse report, including a complete set of data and charts, visit http://www.corelogic.com/downloadable-docs/MarketPulse_2012-April.pdf.

About CoreLogic
CoreLogic (NYSE: CLGX) is a leading provider of consumer, financial and property information, analytics and services to business and government. The Company combines public, contributory and proprietary data to develop predictive decision analytics and provide business services that bring dynamic insight and transparency to the markets it serves. CoreLogic has built one of the largest and most comprehensive U.S. real estate, mortgage application, fraud, and loan performance databases and is a recognized leading provider of mortgage and automotive credit reporting, property tax, valuation, flood determination, and geospatial analytics and services. More than one million users rely on CoreLogic to assess risk, support underwriting, investment and marketing decisions, prevent fraud, and improve business performance in their daily operations. The Company, headquartered in Santa Ana, Calif., has approximately 5,000 employees globally. For more information, visit www.corelogic.com.

CORELOGIC and the stylized CoreLogic logo are registered trademarks owned by CoreLogic, Inc. and/or its subsidiaries. All other trademarks are the property of their respective owners.  No trademark of CoreLogic shall be used without the express written consent of CoreLogic.

SOURCE CoreLogic

Contact:
CoreLogic
Bill Campbell, Real Estate Industry and Trade Media
Phone: +1-212-995-8057
Phone: +1-917-328.6539 (mobile)
Email Contact General News Media, Lori Guyton
Phone: +1-901-277-6066
Email Contact
Andrea Hurst
Phone: +1-405-235-2842
Email Contact
Web: http://www.corelogic.com




Review Article Be the first to review this article

Terrago: Lightweight GIS

Jobs
Senior GIS Analyst for Data Transfer Solutions, LLC at Orlando, FL
CADD Software Developer for Seattle Public Utilities at Seattle, WA
Upcoming Events
GI_Forum 2015 - Symposium and Exhibit at salzburg Austria - Jul 7 - 10, 2015
Agro-Geoinformatics 2015 at Istanbul Turkey - Jul 20 - 24, 2015
ESRI UC 2015 - July 20 - 24, 2015 San Diego, CA at San Diego Convention Center San Diego CA - Jul 20 - 24, 2015
3rd Annual GeoNexus User Group Meeting - SYNC2015 at Marriott Marquis (Esri UC - San Diego Convention Center) Santa Rosa Room San Diego CA - Jul 22, 2015
GGS: softmouse 3D - Learn More
Topcon: Advanced Field software for Mapping
University of Denver GIS Masters Degree Online
HARRIS: IntelliEarth Geospatial Solutions
CADD Software Developer
InterDrone 2015  Sept 9-11,2015 Las Vegas Attend Interdrone>>



Internet Business Systems © 2015 Internet Business Systems, Inc.
595 Millich Dr., Suite 210, Campbell, CA 95008
+1 (408) 850-9202 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy