After a decade of declines, foreclosure activity is on the rise
Many loans would have been foreclosed if not for federal government protections enacted during the early days of the COVID-19 pandemic, according to a new report from Attom Data Solutions
by Taylor Anderson Jul 13
Making $67K? That's no longer enough to buy the typical US home
Q2 of 2022 saw the affordability of the typical home purchase erode at the fastest pace in at least 2 decades. Median home purchases would have taken up 31.5% of average annualized wage
by Daniel Houston Jun 30
Home flipper activity jumps, while profitability plummets
Slowdown in bidding wars is 'having a predictable impact on profit margins for investors,’ said Rick Sharga, executive vice president of market intelligence from Attom, in the latest report
by Taylor Anderson Jun 22
Lending activity plummeted during Q1, fastest YOY decline in 8 years
A report found overall residential lending to be down 32% between the 1st quarters of 2021 and 2022, with refinancing lending dropping 22% and mortgages dipping 18%
by Ben Verde Jun 8
Zombie foreclosures post 1st increase since moratorium's end
The number of vacant properties going through the foreclosure process is up once again to just over 7,500 in Q2, according to Attom Data Solutions, even as fewer total properties lie vacant
by Daniel Houston Jun 1
Price gains in 'opportunity zones' keep pace with national hikes
Census tracts chosen for preferential tax treatment in 2017 tax bill are seeing prices rise, have attracted buyers priced out elsewhere, according to a new report from Attom Data Solutions
by Taylor Anderson May 25
Skyrocketing home prices diminish rental returns: Report
The report found that three-quarters of counties where median home prices exceeded $250,000 saw declines in rental yields
by Ben Verde May 20
Homeowner equity increased 3% during Q1
Nearly 45% of homes in the country were considered equity rich, up from 41.9% in the fourth quarter. But the rising values are creating barriers for first-time buyers
by Ben Verde May 11
Foreclosure activity ticks down slightly in April
Foreclosure completions saw the most dramatic decrease of the month, dropping 36 percentage points with lenders repossessing 2,830 properties
by Ben Verde May 10
This might be the most wonderful time of the year (for homesellers)
Sellers get the best premium on their homes when they sell in mid-to-late May. The late weeks of spring are more profitable than early ones, according to a new report from Attom Data Solutions
by Daniel Houston May 5
Attom Data Solutions launches new rent estimate tool for investors
Company known for its nationwide property data launches new valuation model aimed at single-family rental properties, to provide estimated monthly rents for 72M properties in US
by Taylor Anderson May 3
Property tax hikes slowed last year even as home sale prices soared
The average property tax bill rose by 1.8 percent in 2021. That's the lowest increase in years, despite record home price growth, according to a new report from Attom Data Solutions
by Daniel Houston Apr 14
A sold sign
The median price for a home was more expensive than historical averages in 79% of counties nationwide — a jump from 1Q21 when only 38% of counties saw prices exceed historical averages
by Ben Verde Apr 7
After reaching historic lows, the foreclosure pipeline is starting to fill
Although the numbers remain below historical levels, ‘it’s not going to be a surprise when we see the foreclosure numbers starting to rise,’ according to Daren Blomquist of Auction.com
by Taylor Anderson Apr 4
House flipping is resurgent. But is it still profitable?
Investors flipped more homes in 2021, balancing a welcome fast-moving market with an unwanted and precipitous decline in gross profits that brought them down to 2008 levels
by Daniel Houston Mar 31