FHFA
During the second quarter of 2020, 1.69M refinance mortgages were secured by residential properties in the U.S., a number up nearly 50% from the first quarter, and up more than 100% year over year to its highest level in 7 years
by Lillian Dickerson Aug 19
Bank repossessions of homes plunge to lowest level in at least 15 years
Amid federal and state restrictions on foreclosures and evictions, bank repossessions dropped 14% month over month and 80% year over year to just 2,163 US properties foreclosed on by lenders, according to an analysis Thursday from Attom Data Solutions
by Lillian Dickerson Aug 13
In a positive sign, number of equity-rich properties continues to rise
During the second quarter of 2020, equity-rich properties outnumber seriously underwater properties 4 to 1, according to a report by Attom Data Solutions
Rick Sharga named executive VP of marketing at RealtyTrac
The appointment marks a return to RealtyTrac for Sharga who previously served as senior vice president of the foreclosure listings and search portal from 2004 to 2011
US home sale profits rise to new post-recession high
The typical home sale profit of $75,971 in the second quarter of 2020 reflected a 36.3% return on investment, a new high in raw profits since the housing market started its recovery from the Great Recession in 2012
by Lillian Dickerson Jul 22
US property foreclosure filings hit all-time low
During the first six months of 2020, foreclosure filings hit an all-time low of 165,530 properties, according to a new report by Attom Data Solutions
by Lillian Dickerson Jul 15
East Coast markets most vulnerable to economic impacts of COVID-19
Markets on the East Coast and in Northern Illinois were most vulnerable to the effects of the coronavirus pandemic during the second quarter, according to Attom Data Solutions
by Lillian Dickerson Jul 10
Attom Data Solutions acquires geospatial data company
The acquisition of Home Junction Inc. will boost Attom's data resources with the addition of school and neighborhood boundary data, crime, points of interest and demographics
Home prices begin to stall
Median home prices stayed the same or decreased in 17 states and half of all analyzable metro areas from April to May 2020, according to new figures from Attom Data Solutions
US home affordability makes gains in second quarter
In the second quarter of 2020, median prices of single-family homes and condos have been more affordable than historic averages in nearly half of the United States
by Lillian Dickerson Jun 24
Home flipping climbs to 14-year high while returns hit 9-year low
The number of single-family homes and condominiums flipped in the first quarter of 2020 reached 53,705 — up 7.3% year over year to its highest level since the second quarter of 2006, according to Attom Data Solutions' latest home flipping report
by Lillian Dickerson Jun 11
Amid halt on foreclosures, zombie property rate remains constant
The number of U.S. homes in the process of foreclosure that are currently sitting empty barely changed between the first and second quarters of 2020, due to the coronavirus-induced moratorium on foreclosures
by Lillian Dickerson May 27
Residential refis make up 55% of home loans in first quarter
Spurred by historically low interest rates, new refinances made up about $328.5 billion in total dollar volume in Q1, up 105 percent from the same period last year
by Lillian Dickerson May 20
Prices rose in 64% of opportunity zones during first quarter
Although the first quarter saw an overall increase in median home prices in a majority of opportunity zones, Attom Data Solutions noted that those numbers do not yet reflect the full effect of the COVID-19 pandemic on the market
by Lillian Dickerson May 13
26% of all mortgaged homes were equity-rich in first quarter
Roughly one-quarter, or 26.5%, of the 54.7 million mortgaged homes in the U.S. were equity-rich in Q1 2020, according to Attom Data Solutions' Q1 2020 U.S. Home Equity & Underwater Report