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DataDigest: In the nation’s hottest housing market, flood insurance premiums soar

Housing Wire

housing markets , recording some of the highest year-over-year growth in March, as measured by the CoreLogic Home Price Index. billion per year by 2050 from the base period in severe climate-risk scenario,” economists at CoreLogic said. Here are the 10 counties with the highest annual loss projections through 2050.

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How originators can capitalize on reverse mortgage business in light of the changing housing market

Housing Wire

With a housing market in transition , originators are looking to seize profitable opportunities that benefit both borrowers and their own bottom lines. But originators need to see the big picture that extends beyond our current economic climate—the market for reverse mortgages is enormous and growing.

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Insurance carrier exodus rattles California and Florida housing markets

Housing Wire

According to an analysis using CoreLogic’s Climate Risk Analytics: Composite Risk Score (CRA) , Florida’s Miami-Dade County is forecast to have the highest climate change-related risk in the United States, with estimated annual losses of $988 million per year through 2050.

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Opinion: The baby boom wave is cresting

Housing Wire

Peak 65 serves as an historic demographic milestone of the new paradigm shift that is changing every aspect of the housing market , finance, retirement planning process and the fragile supply/demand balance of housing inventory for real estate at large. We are living in a watershed moment in history.

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1.2 million homes face wildfire risk in California

Housing Wire

Depending on greenhouse-gas emissions scenarios, average annual loss projections could increase 31% to 41% in California by 2050, and roughly 40% to 50% in Colorado. In California, CoreLogic estimates that reconstruction costs have gone up 33.5% year over year.

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HW+ Member Spotlight: Josh Mettle

Housing Wire

3) Inflation and higher interest rates will likely lead us into the next recession, which contrary to popular belief, can be positive for the housing market due to lower interest rates. HousingWire: What do you think will be the big themes for the housing market in 2022?

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Opinion: why we all have a stake in closing the homeownership gap

Housing Wire

Demographers estimate that by 2050, the U.S. The relationship between diversity, economic growth, housing and GDP The housing market is large and varied. When the housing market crashed in 2008, it almost took the entire global economy down with it. population will become majority-minority. Decades ago, U.S.

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