Market slowdown is 'chipping away' at homeowner wealth: Attom
The share of homes that were worth at least 50% more than their mortgage fell for the second straight quarter. Still, a few homes are facing foreclosure, according to the latest report
by Taylor Anderson May 4
It's getting harder to make money on a home sale: ATTOM
A report out Thursday shows that profit margins on home sales have fallen dramatically since their high points last year. In Q1 2023, the profit margin on a median-priced US home was 44.2%
by Jim Dalrymple II Apr 27
In reversal from 2021, it costs more to buy than rent in 95% of US
Last year, it was more expensive to rent than own. High home prices and mortgage rates that doubled in 2022 flipped that, according to a new report from property data firm Attom.
by Taylor Anderson Jan 18
Foreclosure activity doubled in 2022 but remains historically low
While the nation continues moving away from the pandemic-era lows, it's doing so very slowly and well below rates seen during the Great Recession
by Taylor Anderson Jan 11
These counties are at the greatest risk for housing market declines
The data does not suggest a steep drop in home prices is imminent but shows that different areas are facing lower and more elevated levels of risk as the U.S. economy remains uncertain
by Ben Verde Dec 1
Investor activity plunged at rates similar to the Great Recession in Q3
The slowdown was most dramatic in COVID boomtowns like Las Vegas and Phoenix, according to a new analysis Tuesday by Redfin, which examined real estate investment activity in 40 metros
by Taylor Anderson Nov 22
Homes near Trader Joe's get top dollar. But investors should eye Aldi
Homes near a Whole Foods or Trader Joe's boast higher values, but those near an Aldi grocery store offer something for real estate investors the others can't, according to data from Attom
by Ben Verde Nov 22
Technology-focused Fifth Wall's $500M Climate Fund stays hot
The VC firm has backed RoadRunner Recycling with a $20M Series D to help it expand. Fifth Wall stays centered on companies offering ways to make everything about housing better
by Craig C. Rowe Nov 16
Prices may be dropping, but homes still have loads of equity
As prices began to fall, home equity held strong. Even the most distressed properties held positive equity in Q3 2022, according to a new report from Attom.
by Daniel Houston Nov 2
Q4 shows continued rise of properties in foreclosure: Report
The number of homes in some stage of the foreclosure process rose 27.4% compared to the year before, with the number of vacant homes in foreclosure rising for the third straight quarter
by Taylor Anderson Oct 26
Splitero expands equity-sharing service into Colorado, Washington
The expansion comes as 85% of homeowners with a mortgage have a rate far below the current 7% yet high equity in their home. Splitero said expansion plans will continue in other states in 2023
by Taylor Anderson Oct 25
Mortgage database created to track bad actors now a recruiting tool
Unique IDs created by Nationwide Multistate Licensing System can reveal competitors' loan originations by product, loan amount, geography and loan officer
by Matt Carter Oct 19
The most advantageous time to buy a home is right now, new data shows
The housing market's summer rush may have lessened the impact of a deep drop in demand, according to new data from Attom. But what will happen in the historically slow months of fall?
by Daniel Houston Oct 5
Home affordability stabilizes, but remains tough nearly everywhere
It's still expensive to buy a home in nearly every part of the country. But for most buyers since the start of July, things didn't get worse, new data shows
by Daniel Houston Sep 28
Home flipping dipped last quarter despite jump in profits
It's too soon to say whether the drop in flipper activity — which was still the second highest in two decades — is a sign of a broader slowdown
by Taylor Anderson Sep 21