Author: Christine Stricker
Top 10 Housing Markets with Biggest Quarterly Increases in Profit Margins in Q3 2023
According to ATTOM’s recently released Q3 2023 U.S. Home Sales Report, profit margins on median-priced single-family home and condo sales in the U.S. increased to 59 percent – the second straight quarterly increase following several declines. ATTOM’s latest home sales analysis reported that the improvement in typical profit margins, from 56.6... Read More »
Top 10 U.S. Housing Markets Considered Affordable in Q3 2023
ATTOM’s recently released Q3 2023 U.S. Home Affordability Report revealed that affordability worsened across the nation amid a third-quarter increase in home prices and home-mortgage rates, which combined to help push the typical portion of average wages nationwide required for major home-ownership expenses up to 35 percent. The latest home... Read More »
Top 10 U.S. Counties Where Home Prices Are Rising Faster Than Wages
According to ATTOM’s just released Q3 2023 U.S. Home Affordability Report, median-priced single-family homes and condos are less affordable compared to historical averages in 99 percent of U.S. counties analyzed. ATTOM’s latest home affordability analysis noted that trend continues a two-year pattern of home ownership getting more and more... Read More »
Top 10 U.S. Housing Markets Least At-Risk of Declines in Q2 2023
According to ATTOM’s newly released Q2 2023 Special Housing Risk Report, New Jersey and Illinois have the highest concentrations of the most-at-risk markets in the country, with the biggest clusters in the New York City, Chicago and Philadelphia areas. The report noted that the South, along with other parts of the Northeast, are generally less... Read More »
Top 10 U.S. Metros Where Purchase-Mortgage Originations Are On The Rise
ATTOM’s Q2 2023 U.S. Residential Property Mortgage Origination Report shows that the total number of mortgages secured by residential property in the U.S. increased to 1.56 million in Q2 2023. The report noted that while that figure remained down 38 percent annually, it was up 21 percent quarterly – the first such increase in two years. According... Read More »
Top 10 Zombified ZIPS in Q3 2023
According to ATTOM’s newly released Q3 2023 Vacant Property and Zombie Foreclosure Report, 1.3 million (1,277,612) residential properties in the U.S. are vacant, representing 1.3 percent, or one in 79 homes, across the nation – the same as in the second quarter of this year. ATTOM’s latest vacant properties analysis also reveals that 315,425 U.S.... Read More »