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Real estate daily market update: December 19, 2017

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Most recent market news

Tuesday, December 19

CoreLogic Loan Performance Insights

30 days or more delinquent – national

Loan performance – national

Transition rates – national

“September’s early-stage delinquency rate increased by 0.3 percent from a year ago, the largest increase since June 2009,” said Frank Nothaft, chief economist at CoreLogic.

“This does not reflect a deterioration in credit, but rather the impact of the hurricanes in Texas, Florida and Puerto Rico. September’s early-stage delinquency transition rate rose to 2.6 percent in Texas and it rose to 3.2 percent in Florida, which is higher than the 1 percent that’s typical for both states.

“Texas and Florida’s early-state delinquency transition rates in September are much lower than New Orleans in September 2005 when the transition rate reached 17.4 percent as a result of Hurricane Katrina.”

U.S. Census Bureau and the U.S. Department of Housing and Urban Development Monthly New Residential Construction, November 2017

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Building permits

Housing starts

Housing completions

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