Profit margins hit razor-thin, 11-year low for real estate investors
Holding costs rise and ROI falls. Competition from consumers and iBuyers increase. Here are some of the top issues that may have small-time investors concerned in 2022
by Taylor Anderson Mar 8
Home lending activity drops at fastest pace in 3 years
Loan activity dropped 11%, the fastest rate of decline since 2019, according to Attom Data Solutions. Refinance, purchase, home-equity mortgages were down in the fourth quarter of 2021
by Taylor Anderson Mar 4
More restrictions expire, ushering in new wave of home foreclosures
The number of homes with foreclosure filings rose 29% in January as lenders took advantage of expiring federal restrictions, according to new data from Attom Data Solutions
by Daniel Houston Feb 10
Nearly half of financed US homes now worth double their loan amount
Rising home values have been a boon for owners, with nearly half of mortgaged properties now considered "equity rich" by Attom Data Solutions
by Daniel Houston Feb 3
Sorry to burst your bubble, but we’re not in one, housing experts say
Today's rising home prices and a persistent seller’s market differ from the 2007 housing bubble in a few key ways, economists told Inman. In short, don't expect bubbles bursting anytime soon
by Taylor Anderson Feb 3
For homesellers, 2021 profits marked greatest windfall in years
The typical seller last year made $94,000 more than they paid for the home, a profit margin unseen since at least 2008
by Daniel Houston Jan 26
Yes, wages really are rising faster than rent in a majority of counties
A report found that wages are rising faster than rent prices in 637 out of the 1,154 counties analyzed — a slim majority
by Ben Verde Jan 18
Foreclosures drop in December, capping off all-time low year
Foreclosure filings dropped 8% in December as a once-feared wave of mortgage defaults has largely failed to materialize, according to a new report from Attom Data Solutions
by Daniel Houston Jan 14
Homeownership remains cheaper than renting, except in biggest cities
A new analysis found that owning a median priced home was more affordable than the average rent on a 3-bedroom property in the majority of US counties — except for big cities
by Ben Verde Jan 6
Pay raises aren't keeping up with rise in home prices, mortgage rates
Homebuyers used to be able to count on falling mortgage rates and rising wages to offset red-hot home prices; that's no longer the case
by Daniel Houston Dec 29
Foreclosures remain low as banks start to churn out post-ban filings
The number of foreclosed properties rose 34 percent in the third quarter of the year, but remained below their typical historical levels
by Daniel Houston Oct 13
Low mortgage rates keep home costs in an acceptable range
Ownership costs for the median home remain within a normal range but are nearing the point where lenders might start to balk
by Daniel Houston Sep 22
Profit margins drop on fixer-uppers as flip sales ramp back up
Fix-and-flip investors have seen their lowest profit margins in a decade, with the typical return falling to 34 percent
by Daniel Houston Sep 15
Mortgage lenders deal more purchase loans amid fewer refis
The latest numbers from Attom Data Solutions show that mortgage lenders issued more purchase loans in the second quarter of the year but lost ground on the refinancing side
by Daniel Houston Aug 18
Underwater homeowners gain breathing room as prices climb
Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position
by Daniel Houston Aug 9