Author: ATTOM Team
Unveiling ATTOM’s Propensity to Default Score: Navigating Mortgage Foreclosure Risks
With February home foreclosure activity up 8% vs. a year ago, understanding a borrower’s willingness and ability to stay current on their mortgage and out of default becomes even more critical for mortgage lenders. While total foreclosures remain low by historic standards – 2023 saw 357,062 total foreclosure filings or 0.26% of all US housing... Read More »
Top 10 U.S. Counties with Highest Effective Property Tax Rates in 2023
According to ATTOM’s 2023 Property Tax Analysis for 89.4 million U.S. single family homes, there was a 6.9% surge in single-family home property taxes in 2023, reaching $363.3 billion. The report states that this is nearly double the 3.6 percent growth rate of 2022 and represents the largest increase in the past five years. ATTOM’s latest... Read More »
Property Taxes on Single-Family Homes Up 7 Percent Across U.S. in 2023, to $363 Billion
Total Single-Family Taxes Levied Nationwide in 2023 Rise Twice as Fast as in 2022; Average Property Tax Up 4 percent, to $4,062, While Effective Rate Also Increases; Highest Effective Tax Rates Remain Clustered in Northeast and Midwest IRVINE, Cal. – Apr. 4, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released... Read More »
The Value of Real-Time Assessor Data for Appraisals and Valuations
As an appraiser, you need access to real-time, extensive property data in order to estimate a property’s value and provide more accurate valuations and appraisals. At ATTOM, we offer appraisers instant access to extensive assessor data on the housing market. Read on to find out how this data can help you when delivering property valuations and... Read More »
Home Affordability Improves Slightly Across U.S. During First Quarter but Remains Difficult for Average Workers
Major Home-Ownership Expenses Require Smaller Portion of Wages for Second-Straight Quarter; Historical Affordability Also Inches Upward; But Both Measures Remain Near Worst Levels in 15 Years as Home Prices Stay Close to All-Time Highs IRVINE, Calif. – Mar. 28, 2024 — ATTOM, a leading curator of land, property, and real estate data, today... Read More »
