Author: Christine Stricker
Top 10 U.S. Housing Markets Most Affordable for Renting in 2023
According to ATTOM’s just released 2023 Rental Affordability Report, the average three-bedroom rent is more affordable than owning a comparably sized median-priced home in 95 percent of U.S. counties analyzed. The report also shows that both renting and owning a three-bedroom home are significant financial burdens for households around the U.S.,... Read More »
Top 10 ZIPS with Highest Foreclosure Rates in 2022
According to ATTOM’s just released Year-End 2022 U.S. Foreclosure Market Report, foreclosure filings were reported on 324,237 U.S. properties in 2022. That figure was up 115 percent from 2021, but down 34 percent from 2019, before the pandemic. The report noted that foreclosure filings in 2022 were also down 89 percent from a peak of nearly 2.9... Read More »
Top 10 U.S. Counties with Highest Wages Required for Homeownership
According to ATTOM’s just released Q3 2022 U.S. Home Affordability Report, median-priced single-family homes and condos are less affordable in Q4 2022 compared to historical averages in 99 percent of U.S. counties. The report notes that figure is far above the 68 percent of counties that were less affordable in Q4 2021. ATTOM’s latest home... Read More »
Top 10 U.S. Counties with Highest Home Flipping Investment Returns
According to ATTOM’s newly released Q3 2022 U.S. Home Flipping Report, just 92,422 single-family homes and condos were flipped in the U.S. in the third quarter, representing 7.5 percent of all home sales. The report noted that portion was down from 8.2 percent in Q2 2022, but still up from 5.9 percent in Q3 2021. ATTOM’s latest home flipping... Read More »
Top 10 ZIPS with Greatest Numbers of Lender Repossessions
According to ATTOM’s just released November 2022 U.S. Foreclosure Market Report, there were a total of 30,677 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions. That figure was up 57 percent from a year ago, but down 5 percent from the prior month. ATTOM’s latest foreclosure activity analysis... Read More »
Top 10 U.S. Housing Markets with Lowest Median Loan Amounts
According to ATTOM’s Q3 2022 U.S. Residential Property Mortgage Origination Report, 1.97 million mortgages secured by residential property were originated in Q3 2022 in the U.S. The report noted that figure was down 19 percent from Q2 2022 – the sixth quarterly decrease in a row – and down 47 percent Q3 2021 – the biggest annual drop in 21 years.... Read More »