ATTOM’s just released Q1 2022 Opportunity Zones Report, analyzing qualified low-income opportunity zones targeted by Congress for economic redevelopment, found that median single-family home and condo prices rose from Q4 2021 to Q1 2022 in 55 percent of qualified zones, and jumped by at least 20 percent annually in half. The latest opportunity... Read More »
According to ATTOM’s newly released Q1 2022 U.S. Home Equity and Underwater Report, 44.9 percent of mortgaged residential properties in the U.S. were considered equity-rich in the first quarter. That figure is up from 41.9 percent in Q4 2021 and 31.9 percent in Q1 2021. ATTOM’s latest home equity and underwater analysis notes that equity-rich... Read More »
ATTOM’s newly released Best Days to Sell A Home Analysis reveals that the months of May, June and July offer seller premiums of 10 percent or more above market value, based on home sales over the past 11 years – with the top 15 best days to sell in the month of May alone. According to ATTOM’s latest analysis of more than 46 million single family... Read More »
ATTOM’s newly released Q1 2022 U.S. Home Sales Report revealed that nationwide, all-cash purchases accounted for 34.2 percent of all single-family home sales in Q1 2022 – the highest level since Q1 2015 – up from 32 percent in Q4 2021 and from 30.3 percent in Q1 2021. According to ATTOM’s latest home sales analysis, among metro areas with a... Read More »
According to ATTOM’s just released Q1 2022 U.S. Foreclosure Market Report, properties foreclosed in Q1 2022 had been in the foreclosure process an average of 917 days. The report noted that number was down just slightly from 941 days in Q4 2021 and down 1 percent from 930 days in Q1 2021. ATTOM’s latest foreclosure market analysis reported that... Read More »
According to ATTOM’s 2021 Property Tax Analysis, the average tax on single-family homes in the U.S. in 2021 increased at the smallest pace in the five years, rising 1.8 percent from $3,719 in 2020 to $3,785 last year. The report noted the latest figures resulted in an effective tax rate of 0.9 percent, down from 1.1 percent in 2020. ATTOM’s... Read More »
According to ATTOM’s just released Q1 2022 U.S. Home Affordability Report, median-priced single-family homes are less affordable compared to historical averages in 79 percent of U.S. counties analyzed. The report noted that figure is up from just 38 percent of counties that were historically less affordable in Q1 2021, to the highest point since... Read More »