Author: ATTOM Team
Home Equity Down Slightly Across U.S. During Fourth Quarter But Remains Strong
Equity-Rich Portion of Mortgaged Homes Decreases While Seriously Underwater Level Rises; Overall Equity for Homeowners Also Ticks Downward Amid Decline in Home Values; But Nearly 95 Percent of Mortgaged Homeowners Still Have Equity Built Up IRVINE, Calif. — Feb. 1, 2024 — ATTOM, a leading curator of land, property, and real estate data, today... Read More »
Real Estate and Artificial Intelligence – The Fakes and the Risks
How AI integrates into the real estate sector is still a question to be answered. Judging by the uptick in the proptech sector and API-based data solutions, AI seems to be the rocket fuel the real estate sector has been looking for. But there’s a catch. AI-powered solutions are facilitating streamlined property searches. They offer neighborhood... Read More »
Cash is King: The Top 10 MSAs Purchased with Cash in 2023
In 2023, the trend of purchasing homes with cash continued to rise across various Metropolitan Statistical Areas (MSAs) in the United States, with particular regions outpacing the national average by a significant margin. In looking at ATTOM’s 2023 Year-End Home Sales report, these top 10 MSAs with the highest percentage of cash sales in 2023... Read More »
Home Selling Profits Drop in 2023 for First Time in Over a Decade Amid Modest Price Gains
Profits on Home Sales Across U.S. Decrease for First Time Since 2011; Typical Seller Gains Remain Strong, But Decline from 60 Percent to 57 Percent; National Median Home Price Rises at Slowest Pace in 12 Years IRVINE, Calif. – Jan. 25, 2024 — ATTOM, a leading curator of land, property and real estate data, today released its Year-End 2023 U.S.... Read More »
How Solar Companies Can Use Property Data to Identify Lucrative New Markets
Solar energy is a more competitive market than ever, with thousands of new providers entering the market every year. To keep up with the competition, you’ve likely put several strategies into play to help build your business. From social media marketing to search engine optimization and direct mail campaigns, there are a number of ways you can... Read More »
Renting a Home Still More Affordable Than Owning Across U.S. Even as Both Remain Financial Stretch
Home Rental and Ownership Still Difficult in 2024 for Average Workers in Most of Nation But Renting Less of a Burden in Nearly 90 Percent of Local Markets Trend Continues Despite Rents Growing Faster Than Home Prices IRVINE, Calif. – Jan. 18, 2024 — ATTOM, a leading curator of land, property and real estate data, today released its 2024 Rental... Read More »