Author: ATTOM Staff

East Coast and Illinois Have Highest Concentrations of Housing Markets Vulnerable to Coronavirus Impact

East Coast and Illinois Have Highest Concentrations of Housing Markets Vulnerable to Coronavirus Impact

Majority of the 50 Most Vulnerable Counties in Second Quarter of 2020 Located in States Spanning Connecticut through Florida and in Illinois; Chicago, New York City, Baltimore and Washington, D.C., areas Have Clusters of Counties in Top 50; West Region Less at Risk of Housing-Related Issues IRVINE, Calif. — July 10, 2020 — ATTOM Data Solutions,… Read More »

ATTOM Data Solutions Acquires Home Junction, Continuing the Company’s Data and Application Expansion

ATTOM Data Solutions Acquires Home Junction, Continuing the Company’s Data and Application Expansion

Acquired Data Elements Include Proprietary School Attendance Area Boundaries, Neighborhood Boundaries and Additional Datasets; Acquisition Further Solidifies ATTOM’s Position as The One-Stop Shop for Comprehensive Property Data IRVINE, Calif. – July 8, 2020 — ATTOM Data Solutions, curator of the nation’s premier property database, today announced it has acquired Home Junction Inc., a real estate… Read More »

The Power of HR During Times of Crises — And How ATTOM is Managing COVID-19 Stress

The Power of HR During Times of Crises — And How ATTOM is Managing COVID-19 Stress

  It’s no secret that the COVID-19 pandemic has challenged America’s businesses — and the people who work for them. Employees are working from home (often while caring for young kids), they’re stressed, and they’re struggling with the new challenges that remote work has brought on. Many are also missing their colleagues and the social… Read More »

Home Prices Show First Signs of Stalling Amid Pandemic, in Some Areas of the Nation

Home Prices Show First Signs of Stalling Amid Pandemic, in Some Areas of the Nation

The housing-market boom that pushed home prices upward for eight-years throughout the United States sputtered abruptly in May 2020 in large swaths of the country – the first sign that the worldwide Coronavirus pandemic is damaging property values across the nation. New sales figures from ATTOM Data Solutions show that median home prices stayed the… Read More »

Home Affordability Increasing for Average Workers Across Majority of U.S. in Second Quarter of 2020

Home Affordability Increasing for Average Workers Across Majority of U.S. in Second Quarter of 2020

Portion of Wages Needed for Home Ownership Exceeds 28 Percent Lending Benchmark in Almost Three-Quarters of Nation; But Affordability Now Better Than Historical Averages in Half the Country; Coronavirus Yet to Have Major Impact on Home Affordability IRVINE, Calif. – June 25, 2020 — ATTOM Data Solutions, curator of the nation’s premier property database and… Read More »

Top 5 Property Data AVMs

Top 5 Property Data AVMs

  In this post, we explore the top 5 property AVMs (also known as an Automated Valuation Model). An AVM analyses public records to estimate a property value for appraisals in the underwriting process, as well as offer estimates of a property for prospective sellers. AVMs boast several advantages over traditional property valuation methods, including… Read More »

U.S. Home Flipping Rate Increases to 14-Year High in First Quarter of 2020 While Returns Slump to Nine-Year Low

U.S. Home Flipping Rate Increases to 14-Year High in First Quarter of 2020 While Returns Slump to Nine-Year Low

Typical Investment Return Dips to 36.7 Percent; Percent of Flips Purchased with Cash Rises to Highest Level Since 2016 IRVINE, Calif. – June 11, 2020 — ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released its first-quarter 2020 U.S. Home Flipping Report showing that… Read More »

U.S. Foreclosure Activity Continues to Decline During Coronavirus Pandemic

U.S. Foreclosure Activity Continues to Decline During Coronavirus Pandemic

ATTOM Data Solutions, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (www.realtytrac.com), a foreclosure listings portal, today released its May 2020 U.S. Foreclosure Market activity analysis, which shows there were a total of 8,767 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — the lowest… Read More »

How Coronavirus is Impacting the Homebuilding Industry

How Coronavirus is Impacting the Homebuilding Industry

How the Coronavirus is Impacting the Homebuilding Industry (and How Technology Can Help) Coronavirus’ impact on the property market has been hard-hitting. Brokers, homebuilders, real estate agents, and sellers are welcoming a disconcerting new normal, with restrictions on open houses, the drop-off of buyer interest, and frozen negotiations. As a homebuilder, you’re likely concerned about… Read More »