This presentation, given by ATTOM Data Solutions senior vice president Daren Blomquist at the Moriah Society in Beverly Hills, California, on Feb. 27, 2018, covers expectations for the 2018 U.S. real estate market based on interviews with eight leading economists as well as proprietary data analysis performed by ATTOM. The topics covered in the... Read More »
This post was updated Dec. 18, 2017, to reflect final updates to the bill, most notably the change in the cap for the mortgage interest rate deduction from $500,000 to $750,000. The Republican tax proposal unveiled last week includes two changes to the income tax structure that could potentially have significant impacts on homeowners, and by... Read More »
Home flippers are getting squeezed by an increasingly competitive housing market where it’s harder to stick to the tried-and-true mantra for real estate investors: buy low and sell high. While it’s easy to sell the homes they are flipping, at often at a premium above asking price, the problem is finding properties to buy at a deep... Read More »
An ideal rental property is the opposite of a money pit; it produces income for its owner. Build a decent portfolio of these cash-flowing rental properties and you may just have enough income to quit your day job. But with home prices skyrocketing in many markets across the country, it’s getting tougher to find such cash flowing rental... Read More »
More than 5,000 neighborhoods nationwide are rated based on seven factors impacting quality of life and local housing market strength — school, crime, affordability, home price appreciation, property taxes, environmental hazards and unemployment — in this new 2017 Neighborhood Housing Market Index created by ATTOM Data Solutions.... Read More »
Since bottoming out in the first quarter of 2012, U.S. median home prices have risen 69 percent while average weekly wages have risen just 9 percent during the same time period, pushing more and more local housing markets into a home affordability crunch — and not just those expensive politically “blue” markets on the coasts. In... Read More »
While some may think home flipping is the domain of high-powered, highly capitalized institutional investors, the data suggests otherwise. More than two-thirds (69 percent) of all single family homes and condos flipped in the first quarter of 2017 were by investors of the mom-and-pop variety who just completed one flip during the quarter,... Read More »