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
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
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
Foreclosures hit post-pandemic high during first quarter of 2022
U.S. foreclosure activity hit a new high not seen since the start of the COVID-19 pandemic, as foreclosures continue to rebound following the lapse of federal moratoriums, according to data from Attom
by Lillian Dickerson Apr 21
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
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
Property owners in 48% of US counties are at major default risk
A RealtyTrac report found that single-family rental property owners in nearly half of US counties are at an above-average risk of default
Equity-rich properties make gains in fourth quarter
The number of equity-rich homes in the U.S. made solid gains at the end of last year, and now account for more than 30% of mortgaged properties
Amid pandemic, 2020 was a year of record-low foreclosures
In 2020, foreclosure filings reached their lowest levels since Attom Data began tracking the metric in 2005
by Lillian Dickerson Jan 14
Foreclosure filings decline as moratorium is extended through January
U.S. foreclosure filings decreased 14% in November 2020 from the month before and dropped 80% year over year
US foreclosure filings increase 20% in October despite moratoriums
A total of 11,673 US properties received foreclosure filings in October 2020, according to a new report from Attom Data Solutions released Tuesday
by Lillian Dickerson Nov 10