Author: ATTOM Staff

Seriously Underwater U.S. Properties Decrease by 1.4 Million From a Year Ago in Q3 2017

Seriously Underwater U.S. Properties Decrease by 1.4 Million From a Year Ago in Q3 2017

Biggest Year-over-Year Drop in Number of Seriously Underwater Since Q2 2015; Share of Equity Rich Properties Increases to New High of 26 Percent IRVINE, Calif. — Nov. 16, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q3 2017 U.S. Home Equity & Underwater Report, which shows that… Read More »

U.S. Distressed Sales Share Drops to 10-Year Low in Q3 2017

U.S. Distressed Sales Share Drops to 10-Year Low in Q3 2017

66 Percent of U.S. Markets Have Now Exceeded Pre-Recession Home Price Peaks; Homeownership Tenure Up to New High of 8.19 Years, New Record Profits for Sellers; Cash Sales Share Up Annually for Second Straight Quarter Following 15 Quarters Down IRVINE, Calif. – Nov. 2, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced… Read More »

Vacant Property Rate Increases From a Year Ago in 54 Percent of U.S. Local Housing Markets in Q3 2017

Vacant Property Rate Increases From a Year Ago in 54 Percent of U.S. Local Housing Markets in Q3 2017

Vacant “Zombie” Pre-Foreclosures Down 22 Percent From Year Ago to New Low; Flint, Youngstown, Beaumont, Detroit, Mobile Top List of Most Vacant Metro Areas; Three Out of Four Vacant Residential Properties Nationwide Are Investment Homes IRVINE, Calif. – Oct. 26, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released… Read More »

25 Best Zips for Buying Single Family Rentals

25 Best Zips for Buying Single Family Rentals

Highest-Yielding Zip Codes in Atlanta, Houston, Central Florida and Dallas; Institutional Investor Purchase Share Down Nationwide, Up in 37 Percent of Zip Codes; IRVINE, Calif. – Oct. 19, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q3 2017 Single Family Rental Market report, which identified the top… Read More »

U.S. Foreclosure Activity Drops to More Than 11-Year Low in Q3 2017

U.S. Foreclosure Activity Drops to More Than 11-Year Low in Q3 2017

Foreclosure Activity Below Pre-Recession Levels in 57 Percent of Metro Areas; Foreclosure Starts Up in 24 Percent of Markets Including Dallas, Denver, Cincinnati; 2014 FHA Loans Post Highest Foreclosure Rate for Any FHA Loan Vintage Since 2009 IRVINE, Calif. – Oct. 12, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database,… Read More »

Home Affordability Improves in 60 Percent of U.S. Markets in Q3 2017 Compared to Previous Quarter

Home Affordability Improves in 60 Percent of U.S. Markets in Q3 2017 Compared to Previous Quarter

Affordability Still Worsens From a Year Ago in 79 Percent of Local Markets; Wage Growth Outpaces Home Price Growth in 48 Percent of Markets Over Past Year; U.S. Home Prices Up 73 Percent, Wages Up 13 Percent Since Q1 2012 IRVINE, Calif. – Oct. 5, 2017 — ATTOM Data Solutions, curator of the nation’s largest… Read More »

Shared Equity: Starter Homes for the Next Generation

Shared Equity: Starter Homes for the Next Generation

The following is an excerpt from an article that first appeared in the August 2017 Housing News Report, an award-winning monthly newsletter published by ATTOM Data Solutions. It might seem like a strange idea but buried in an old piece of legislation designed to help coal miners is a magical key which can potentially open the… Read More »

Houston Foreclosures Up Ahead of Harvey, Bucking National Trend

Houston Foreclosures Up Ahead of Harvey, Bucking National Trend

Even before Hurricane Harvey hit southeast Texas in late August 2017, signs of distress had been showing up in the Houston housing market, according to the ATTOM Data Solutions August Foreclosure Market Report. Houston foreclosure starts (scheduled foreclosure auctions) increased 67 percent in August compared to a year ago, and year-to-date nearly 5,000 Houston-area homes… Read More »

Home Prices Rising Twice as Fast in U.S. Cities with Highest Natural Hazard Risk Than in Lowest-Risk Cities

 Homeowners in Highest-Risk Cities Have More Equity, Longer Homeownership Tenures; Appreciation Slower in Florida and Louisiana Cities with Highest Flood Risk, Bucking Trend IRVINE, Calif. – Sept. 21, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its 2017 U.S. Natural Hazard Housing Risk Index, which found that median… Read More »

U.S. Home Flipping Rate Plateaus in Q2 2017 as Average Flipping Returns Decline for Third Consecutive Quarter

U.S. Home Flipping Rate Plateaus in Q2 2017 as Average Flipping Returns Decline for Third Consecutive Quarter

Rate Up in 53 Percent of Local Markets Led by Metros in Louisiana, New York, Alabama; Dollar Volume of Flipper Financing Rises to Nearly 10-Year High of $4.4 Billion IRVINE, Calif. – Sept. 14, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q2 2017 U.S. Home Flipping… Read More »