- The California-based provider of global property analytics has expanded its academic portal with two additional datasets: one harboring foreclosure records and another called MarketTrends that covers all things related to mortgages.
- Together, these disparate pools of prices, sales and court documents could tell lots of stories in the hands of a researcher and shed light on the future of the housing industry, according to CoreLogic's chief economist Frank Nothaft.
In November 2015, CoreLogic launched a website called the University Data Portal for academic researchers to access residential and commercial real estate information at preferred rates.
Now, the California-based provider of global property analytics has expanded this portal with two additional datasets: one harboring foreclosure records and another called MarketTrends that covers all things related to mortgages.
Together, these disparate pools of prices, sales and court documents could tell lots of stories in the hands of a researcher, namely, the rise and fall of the housing market.
“These enhancements significantly expand the scope of research that can be performed through use of the CoreLogic University Data Portal and provide deep insight into the most seismic real estate event of the last 80 years: the mortgage and foreclosure crisis,” said Frank Nothaft, chief economist for CoreLogic in a press release.
“By expanding the portal, we hope to help economists shape and provide insight into the future of the housing and commercial real estate industries.”
The foreclosure dataset covers 94 percent of U.S. counties and includes 45 million historical pre-foreclosure and foreclosure records through court action, judicial and non-judicial foreclosure.
CoreLogic’s MarketTrends mortgage data covers 85 percent of all outstanding mortgages. The set contains information on median sales price, median loan-to-value, delinquency, distressed sales, real estate owned, housing stock, number of sales and negative equity across 45 million records from 2000 to current day.
The portal is available for use in academic journals, dissertations, grant proposals, research papers and white papers for undergraduate and graduate higher education. Faculty and student participants have the ability to run searches and download reports.
“The company developed the portal and preferred rate structure in response to the hundreds of requests it receives each year from academics researching various real estate, mortgage and risk-related issues. CoreLogic data has been widely used in academic research examining subjects such as housing migration, unemployment, demographics, housing reform and other topics relevant to the U.S. housing market and overall economy,” the company wrote in a press release.
The site lists several subjects that were recently tackled by students and faculty in academia including:
- Mass transit or walkability impact on housing.
- Unemployment as it relates to distress and home sales.
- Price trends between traditional homes versus “green” homes.
- Are certain government programs driving the housing market upward or downward?
- Housing analysis applicable to the climate, the environment, sustainability or health and human studies.
