Selma Hepp

Chief Economist @CorelogicInc Previously @Compass, @PacUnion, @trulia, @CARResearchInfo, @NAR_Research

[Selma Hepp @SelmaHepp]

The latest @CoreLogicInc S&P Case-Shiller annual #homeprice growth flattens at 6.5% in March, but monthly appreciation continued to heat up beyond the typical seasonal uptick, pushing prices up by 1.3%. https://t.co/L60AsOhchU

[Selma Hepp @SelmaHepp]

Excited to be part of @HousingWire's Market Update on Dec 11 with @LoganMohtashami, @darenjblomquist, and Clare Losey! Join us as we fact-check assumptions about the 2024 housing market. See you there! https://t.co/Me6FcCFbMp

[Selma Hepp @SelmaHepp]

@CoreLogicInc's #HPI shows home price growth pivoting after 13 months of slowing. Annual U.S. home price growth was up by 1.6% in June after a 1.5% increase in May. Home price growth expected to reach 6.8% YOY by Jan 2024 and then relax some. https://t.co/fZue0QABih

[Selma Hepp @SelmaHepp]

The latest @CoreLogicInc S&P Case-Shiller down 0.5% YOY in May, but recent gains indicate an inflection ahead. Mid-West pandemic-laggers, Cleveland, Chicago, Detroit, now the hottest housing markets. https://t.co/fxdcUbRUav

[Selma Hepp @SelmaHepp]

Detailed @CoreLogicInc S&P Case Shiller analysis:
https://t.co/PR5feo7DRY

[Selma Hepp @SelmaHepp]

In April, the @CoreLogicInc S&P Case-Shiller fell 0.24% YOY, first time since 2012, but the annual decline reflects 2022 price drops. The MOM index was up 1.3%, same as March. All markets have bottomed out at this point and are seeing heated home buying conditions once again.

[Selma Hepp @SelmaHepp]

So much to untangle in today's @CoreLogicInc Case-Shiller HPI report. Home price growth in early spring 2023 proved stronger than initially anticipated, reflecting a major imbalance in the housing market. For details:
https://t.co/mjuUdoAPyd

[Selma Hepp @SelmaHepp]

@CoreLogicInc's latest HPI slowing to 4.4%. A tale of two housing markets. Declines in the West due to tech and lack of affordability and gains in the SE and South reflecting strong job markets, pop growth and affordability due to new home construction. https://t.co/MkMHyGaJDq

[Selma Hepp @SelmaHepp]

In January, the @CoreLogicInc S&P Case-Shiller Index posted a 3.8% year-over-year increase, down from a 5.6% gain in December, marking the ninth straight month of decelerating annual home price growth.
https://t.co/68kNqpV5kZ

[Selma Hepp @SelmaHepp]

@LoganMohtashami @SamanthaLaDuc @FairweatherPhD @odetakushi @MortgageLaurie @JessicaLautz @juliaonjobs @juliaccarreon @jc_econ @lilyjamali @CameronDawson @NatalieMCampisi @callieabost @shanas621 @DeadCaitBounce @swheelerHW @claireeboston Thank you very much, Logan! Always appreciate your support.

[Selma Hepp @SelmaHepp]

In December, the @CoreLogicInc S&P Case-Shiller Index posted a 5.8% YOY gain. National prices are down 4.4% since spring peak. Despite recent price declines, annual average home price growth for 2022 was the second highest on record. For full analysis:
https://t.co/uCjnRULvVd

[Selma Hepp @SelmaHepp]

It's definitely so great to be featured in @nytimes and discuss some important outcomes of the recent housing market roller-coaster: https://t.co/vCHKBwTWYE

[Selma Hepp @SelmaHepp]

In November, the @CoreLogicInc S&P Case-Shiller Index posted a 7.7% year-over-year increase, down from a 9.2% gain in October, marking the seventh straight month of decelerating annual home price gains and slowest since Sept 2020. https://t.co/4jFt5zy3iG

[Cotality @cotality]

Announced today, @SelmaHepp has been appointed as CoreLogic Chief Economist. Selma was named Interim Chief Economist in July 2022.

Read more about the news here: https://t.co/yhcQdb5O7a

[Selma Hepp @SelmaHepp]

Today's @CoreLogicInc report shows YOY HPI growth posted an 8.6% gain, the lowest rate of appreciation in exactly two years. On a MOM basis, home prices declined by 0.2% compared to October 2022. https://t.co/nwyPcFrkSU

[Selma Hepp @SelmaHepp]

Check out the latest @Corelogic Homeowner Equity report showing slowing of home equity gains in Q3, though still averaging $284K per mortgaged borrower, some increase in number of borrowers underwater, though still lower than a year ago, and more: https://t.co/wSt7J9l08s

[Selma Hepp @SelmaHepp]

The latest @CoreLogic HPI shows continued rapid home price growth deceleration, up 11.4% YOY in Sept. While monthly gains are down for the third straight month, the HPI is down only 2% from the June peak, and still 7% higher than in Jan '22. https://t.co/GjGGUVBva3

[Cotality @cotality]

What effect does flood risk have on real estate – specifically, a home’s value? How much has the risk been priced in already? How much is not accounted for due to climate risk?

Bin He, Executive of Science & Analytics, and colleagues visit these questions in this case study:

[Selma Hepp @SelmaHepp]

Housing markets continue to be rattled by continual rise in mortgage rates. With home buying demand recoiling rapidly, home price appreciation has slowed considerably. In August, the @CoreLogicInc S&P Case-Shiller Index posted an 13% increase:https://t.co/Z6tDDuSQHV

[Selma Hepp @SelmaHepp]

While rent growth nationally is slowing, shelter will continue to contribute outside share to inflation measures over the next year due to the lagged impact of rents on rent inflation. Based on our projections, shelter inflation will peak at close to 9% sometime next summer.

[Cotality @cotality]

📍 High-tier rental growth rates have gradually decreased year over year since April, leading them to become the slowest-growing market segment in August

Learn more in the CoreLogic Single-Family Rent Index: https://t.co/BK3T5qqnfE