Morris: Fewer Than 2% of US Mortgaged Homes Are Underwater
“Today, according to Cotality, which is the housing data firm, firmly known as CoreLogic, fewer than two out of every 100 homes with a mortgage owe more than the house is worth.”
Morris: Less than 2% of US homes are underwater on mortgages
“According to CoreLogic, less than two percent of homes in the United States are underwater, and contrast that with a financial crisis when the bottom really fell out of this market in 2009, and that was a massive 26%”
Morris: US Homeowners Hold $34 Trillion in Equity With $300,000 Average Cushion
“American homeowners are also sitting on roughly 34 trillion dollars of equity in their homes. And per CoreLogic homeowners with a mortgage hold nearly eighteen million of that equity. Five times what they had 15 years ago, and the average homeowner is sitting …”
Chamath Palihapitiya: $750B across 1.26 million California homes faces wildfire risk
“In California, it's three quarters of a trillion dollars that are at about 1.26 million homes. That are at moderate or great risk of fires.”
Stepanovich: Gruntify's clients include Modus, CoreLogic, and City of San Jose
“We have clients in the United States and in Australia. For example, we have Modus a company in the United States that's rolling out five G hardware all over this country. We have CoreLogic as one of our property clients, and we have multiple government clients…”
Frazier: Property data incumbents invest over $50M annually in collection
“We're competing with two public Black Knight and CoreLogic and First American multi-billion dollar companies that invest 50 plus million a year into this.”
Fraser: Legacy property data providers charge exorbitant prices with severe licensing limits
“And we used handfuls of third parties that have been around for 10, 20, 30 years, like CoreLogic, Black Knight, Fannie Mae, those legacy providers, and they're, you know, exorbitantly expensive and crazy restrictions around licensing.”
CoreLogic charges at least $350k per year for full geographic property data
“Once you start looking beyond what just single family homes look like and providing one report at a time and you start looking at full geographies there is just not a good solution to be able to provide this that costs less than 350 grand a year from CoreLogic…”