What CoreLogic’s acquisition of Case-Shiller means for housing research

By Kristena Hansen | Phoenix Business Journal

“What’s my home worth?” is a question of incredible economic importance these days — and one that independent housing researchers have been fighting tooth and nail to answer most accurately.

That industry, however, has become somewhat less competitive with CoreLogic’s recent acquisition of Case-Shiller, its biggest competitor, from Fiserv Inc. The deal, which CoreLogic announced last week, was worth around $6 million and closed March 20.

CoreLogic (NYSE: CLGX), based in Irvine, Calif., produces various housing reports on price trends, shadow inventory and underwater rates, among others.

Prior to the acquisition, Case-Shiller, one of the most-cited housing price indexes in the nation, dispersed research in two ways. The first is an existing home-price report for the nation’s top metro areas published once a month by S&P Dow Jones. The other is a home-price index for the entire nation published once a quarter by Fiserv.

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If you’d like to discuss real estate matters, contact Rose Law Group founder Jordan Rose, jrose@roselawgroup.com