CoreLogic

CoreLogic: US Annual Home Price Growth Slows but Still Up by Over 5% in February

Retrieved on: 
Tuesday, April 2, 2024
Residential Building & Real Estate, Data Analytics, Construction & Property, Professional Services, EST, Unemployment, ZIP Code, Foot, Sale, Combined, Index, CoreLogic, HPI, CCAR, Real estate

U.S. annual home price growth remained mostly consistent with numbers seen since last fall in February but finally slowed as the residual impact of comparing gains with weak 2022 home prices wore off.

Key Points: 
  • U.S. annual home price growth remained mostly consistent with numbers seen since last fall in February but finally slowed as the residual impact of comparing gains with weak 2022 home prices wore off.
  • “Home price growth pivoted in February, as the impact of the January 2023 Home Price Index bottom finally faded,” said Dr. Selma Hepp, chief economist for CoreLogic.
  • That said, more inventory finally coming to market will likely translate to more options for buyers and fewer bidding wars, which typically keeps outsized price growth in check.
  • Miami posted the highest year-over-year home price increase of the country's 10 highlighted metro areas in January, at 10.2%.

Shoptalk Opens Registration for Inaugural Fall Event

Retrieved on: 
Wednesday, March 20, 2024
Supply Chain Management, Online Retail, Department Stores, Specialty, Electronic Commerce, Convenience Store, Technology, Digital Marketing, Retail, Marketing, Communications, Content Marketing, Trove, Sorting, RSM US, Circle Commerce, PetSmart, Kohl's, SHEIN, YouGov, Autumn, CoreLogic, Wayfair, Zalando, Sephora, Walmart, Rewind, Textile, McDonald's, Constructor, CJ Affiliate, Crown Peak, Marriott International, Commerce, Acumatica, Cloudinary, EMarketer, The North Face, The Home Depot, AfterShip, Contentful, PebblePost, Nuvei, Amplitude, Abercrombie & Fitch, Yum! Brands, Coveo, WHP, Riskified, Connected relation, Ulta Beauty, EFI, NewStore

Shoptalk, the leading global event for retail innovation, today announces the registration, launch and preliminary agenda of Shoptalk Fall.

Key Points: 
  • Shoptalk, the leading global event for retail innovation, today announces the registration, launch and preliminary agenda of Shoptalk Fall.
  • “Shoptalk Spring has served as the annual touchpoint for the retail industry to come together to innovate, collaborate and redefine the retail ecosystem, but the call for another opportunity to connect has grown louder and louder” said Sophie Wawro, Global President, Shoptalk.
  • Shoptalk Fall participants will also have the opportunity to take part in Meetup—the world’s largest meetings program for the retail industry that will be facilitating more than 20,000 double-opt-in meetings during the event.
  • Registration for Shoptalk Fall 2024 is now open.

Polly and CoreLogic Align to Modernize the Digital Mortgage Experience

Retrieved on: 
Tuesday, March 19, 2024
Technology, Construction & Property, Finance, Fintech, Professional Services, Software, Networks, Data Analytics, Data Management, Residential Building & Real Estate, Shift, API, CoreLogic, Collateral, Logical shift, PPE, Sale, Ecosystem, Real estate

The robust integration joins Polly's vanguard pricing engine and CoreLogic's Digital Mortgage Platform , enabling today's leading lenders to harness the combined strengths and sophistication of both platforms to streamline the digital mortgage process and unlock untapped opportunities.

Key Points: 
  • The robust integration joins Polly's vanguard pricing engine and CoreLogic's Digital Mortgage Platform , enabling today's leading lenders to harness the combined strengths and sophistication of both platforms to streamline the digital mortgage process and unlock untapped opportunities.
  • Bob Jennings, Executive, Collateral and Risk Solutions at CoreLogic, notes, "Our commitment to unlocking value throughout the entire property ecosystem is precisely why we have joined forces with Polly.
  • "We continue to see the mortgage landscape shift more and more toward a tech-forward mindset," explained Parvesh Sahi , Chief Revenue Office at Polly.
  • "It is imperative that lenders keep pace with today's modern borrower and deliver the point-of-sale experience they not only expect, but deserve.

Calque Appoints Michael Bremer as Chief Executive Officer

Retrieved on: 
Tuesday, March 19, 2024
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Asset Management, Fintech, CoreLogic, Insurance, Multimedia, Risk management, Real estate

Calque , the leader in enabling traditional lenders to offer ‘buy before you sell’ programs and champion of The Trade-In Mortgage™, has announced the appointment of Michael Bremer as Chief Executive Officer.

Key Points: 
  • Calque , the leader in enabling traditional lenders to offer ‘buy before you sell’ programs and champion of The Trade-In Mortgage™, has announced the appointment of Michael Bremer as Chief Executive Officer.
  • Most recently, Bremer was at CoreLogic, where he led CoreLogic’s flood insurance product line before taking a role leading business transformation.
  • View the full release here: https://www.businesswire.com/news/home/20240319614616/en/
    Calque Appoints Michael Bremer as Chief Executive Officer (Photo: Business Wire)
    Calque collaborates with established lenders to provide white-labeled ‘buy before you sell’ loan solutions, enabling homeowners to purchase a new property and relocate before selling their home.
  • “Michael has a proven track record of scaling the mortgage solutions business, which makes him the ideal candidate to guide Calque through our next growth phase,” said Calque Chairman Jeremy Foster.

Jack Henry & Associates Establishes Endowed Scholarship Fund in Memory of Board Member Laura Kelly

Retrieved on: 
Thursday, April 4, 2024
Certified Public Accountant, Jack Henry & Associates, Advisory board, Risk, Memory, Business administration, Dun, Accreditation, JKHY, Female, Auburn University, Samford University, Student, CoreLogic, American Express, Management

MONETT, Mo., April 4, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today the creation of an endowed scholarship fund in memory of Board Member Laura Kelly, who passed away on March 15, 2024.

Key Points: 
  • MONETT, Mo., April 4, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today the creation of an endowed scholarship fund in memory of Board Member Laura Kelly, who passed away on March 15, 2024.
  • Jack Henry will create an endowment of the existing Kelly Academic Excellence Scholarship at Samford University's Brock School of Business, which was established by Kelly and her husband, John Kelly, in 2016.
  • "Laura served as a dedicated member of our company's Board for more than 10 years and will be greatly missed," said Jack Henry Board Chair and CEO David Foss.
  • A member of the Jack Henry Board since 2013, Kelly chaired the Governance Committee and served on the Risk and Compliance Committee.

Jack Henry & Associates Mourns the Passing of Board Member Laura Kelly

Retrieved on: 
Friday, March 22, 2024
Risk, Dun, JKHY, CoreLogic, American Express, Management

MONETT, Mo., March 22, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today with great sadness the passing of Laura Kelly, who has served on the Jack Henry Board of Directors since 2013.

Key Points: 
  • MONETT, Mo., March 22, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today with great sadness the passing of Laura Kelly, who has served on the Jack Henry Board of Directors since 2013.
  • "Laura was not only a dedicated member of our Board but also a cherished colleague and friend," said Jack Henry Board Chair and CEO David Foss.
  • As a member of the Jack Henry Board, Kelly chaired the Governance Committee and served on the Risk and Compliance Committee.
  • With over 30 years in senior leadership roles, Kelly has been instrumental in providing expert guidance and perspective to the company.

Miami-Dade Total Home Sales Rise for Second Consecutive Month

Retrieved on: 
Thursday, March 21, 2024
REO, Statistics, Partnership, Shock, NAR, Sale, News, MLS, Housing, Condo, Love, Census, CoreLogic, Multiple listing service, Freddie Mac, Property management

MIAMI, March 21, 2024 /PRNewswire-PRWeb/ -- Miami-Dade County total home sales rose year-over-year for the second consecutive month as new data shows South Florida leading the U.S. in price appreciation and international migration, according to February 2024 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Key Points: 
  • Miami Distressed Sales Remain Low, Reflecting Healthy Market
    Only 0.9% of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, lower than 0.8% in February 2023.
  • Short sales and REOs accounted for 0.06% and 0.9% year-over-year, respectively, of total Miami sales in February 2024.
  • Nationally, distressed sales represented 3% of sales in February, virtually unchanged from last month and the prior year.
  • Cash sales represented 43.3% of Miami closed sales in February 2024, compared to 43% in February 2023.

Equity Angels Partners with Blueprint to Spotlight Emerging Startups at Global Industry Gathering

Retrieved on: 
Monday, March 18, 2024
Venetian, Blueprint, CoreLogic, Research, Innovation, Growth, Nuveen, Financial services

BELLEVUE, Wash., March 18, 2024 /PRNewswire/ -- Equity Angels — a social impact organization dedicated to advancing diversity for success in technology startups — announces a strategic alliance with Blueprint, the real estate industry's largest global gathering of industry innovators and investors, leading the charge in changing the built world, from construction to transaction.

Key Points: 
  • BELLEVUE, Wash., March 18, 2024 /PRNewswire/ -- Equity Angels — a social impact organization dedicated to advancing diversity for success in technology startups — announces a strategic alliance with Blueprint , the real estate industry's largest global gathering of industry innovators and investors, leading the charge in changing the built world, from construction to transaction.
  • "Blueprint is all about new ideas, innovation and connections, which is why we are thrilled to welcome the emerging startups coming through the Equity Angels program," stated Martin Kelly, President of Blueprint. "
  • Thousands of investors, founders and executives gather at Blueprint Vegas and the attendance has increased exponentially within just three years, demonstrating the growth of this sector.
  • "Our goal is to help startup founders be at the right place and right time, with the right people.

LandGate Announces Strategic Alliance with CoreLogic to Enhance Real Estate and Energy Analytics

Retrieved on: 
Monday, March 11, 2024
EV, Organization, Government, Growth, Entrepreneurship, Intelligence, CRE, Wind, Insurance, Carbon, Mineral, Landgate, Investment, CoreLogic, Mining

This alliance leverages the collective expertise of both companies, culminating in a powerful union of real estate and energy.

Key Points: 
  • This alliance leverages the collective expertise of both companies, culminating in a powerful union of real estate and energy.
  • Together, they aim to provide a comprehensive solution that will benefit various stakeholders in the real estate and energy sectors.
  • "This alliance is testament to what we've been saying for a long time, 'the energy and real estate industries have merged together.'
  • It's a must-have dataset for anyone dealing with real estate or energy assets," says Craig Kaiser, President and Co-Founder of LandGate.

CoreLogic: Number of Underwater US Homes Drops by 15% Annually in the Fourth Quarter

Retrieved on: 
Thursday, March 7, 2024
Commercial Building & Real Estate, Technology, Construction & Property, Professional Services, Software, Data Analytics, Other Construction & Property, Data Management, Residential Building & Real Estate, CoreLogic, American Community Survey, MDO, Great, Geography, Publication, Housing, Real estate

Three Northeastern states posted the country’s highest annual equity gains in the fourth quarter: Rhode Island ($62,000), New Jersey ($55,000) and Massachusetts ($53,000).

Key Points: 
  • Three Northeastern states posted the country’s highest annual equity gains in the fourth quarter: Rhode Island ($62,000), New Jersey ($55,000) and Massachusetts ($53,000).
  • As of the fourth quarter of 2023, the quarterly and annual changes in negative equity were:
    Quarterly change: From the third quarter of 2023 to the fourth quarter of 2023, the total number of mortgaged homes in negative equity decreased by 1.1%, to 1 million homes or 1.8% of all mortgaged properties.
  • Annual change: From the fourth quarter of 2022 to the fourth quarter of 2023, the total number of homes in negative equity decreased by 15%, from 1.2 million homes or 2.1% of all mortgaged properties.
  • Looking at the fourth quarter of 2023 book of mortgages, if home prices increase by 5%, 114,000 homes would regain equity; if home prices decline by 5%, 162,000 properties would fall underwater.