Corelogic Releases 2024 Severe Convective Storm Report
Corelogic’s 2024 Severe Convective Storm Report reveals the increasing risk of severe thunderstorms in the U.S. with Texas, Colorado, and Illinois topping the list of states most impacted by severe hailstorms. The report emphasizes the link between climate change and severe thunderstorm activity, highlighting the substantial financial impact on homeowners and the surge in the cost of roofing materials.
US Home Prices Reach All-Time High in December 2023
US home prices reached a new all-time high in December, marking the 11th consecutive month of increases in the 20 largest metro areas. Year-over-year data revealed a substantial 5.5% increase in national home prices compared to December 2022, with half of the 20 metro markets surpassing their previous price records. Despite challenges, the housing sector showed resilience, with experts anticipating a continued upward trajectory in prices at a slower pace.