Foreclosure Trends

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 »

The Trump Housing Bump: Built to Last or Purely Bombast?

The Trump Housing Bump: Built to Last or Purely Bombast?

The following is an excerpt from an article that first appeared in the July 2017 Housing News Report, an award-winning monthly newsletter published by ATTOM Data Solutions. Nearly six months into the tumultuous presidency of Donald J. Trump, an already red-hot real estate market is burning even hotter despite the lack of any major housing… Read More »

424,800 U.S. Properties with Foreclosure Filings in First Six Months of 2017, Down 20 Percent from Year Ago

424,800 U.S. Properties with Foreclosure Filings in First Six Months of 2017, Down 20 Percent from Year Ago

DC Foreclosure Activity Increases 60 Percent From Year Ago, Bucking U.S. Trend; Foreclosure Activity Up in 13 Percent of Metros Including Houston, OKC, Hartford: Q2 Foreclosure Activity Below Pre-Recession Levels in 49 Percent of Metros IRVINE, Calif. – July 20, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released… Read More »

Buying a Foreclosure

Buying a Foreclosure

Disclaimer: While every effort has been made to ensure the accuracy of this publication, it is not intended to provide legal advice. Individual situations will differ and should be discussed with a licensed attorney. For specific legal advice on the information provided and related topics, please contact the author.  Foreclosures provide an opportunity for homeowners… Read More »

Finding Real Estate Deals When Distress Dries Up

Editor’s Note: the following is an excerpt from the May issue of the award-winning Housing News Report newsletter published by ATTOM Data Solutions.  Interest in foreclosures is heating up in 2017 even as the foreclosure market dries up. “The REOs that come on, they are not that far off from the traditional stuff. Back in… Read More »

U.S. Foreclosure Activity in April 2017 Drops to Lowest Level Since November 2005

U.S. Foreclosure Activity in April 2017 Drops to Lowest Level Since November 2005

New Analysis Shows 54 Percent of Foreclosure Starts in NYC Are “Repeat Foreclosures”, Higher Than Los Angeles, Miami, Phoenix and Northern New Jersey IRVINE, Calif. – May 11, 2017 – ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its April 2017 U.S. Foreclosure Market data, which shows foreclosure filings —… Read More »

Home Sellers Realized Average Price Gain of $44,000 in First Quarter of 2017, Highest Since Q3 2007

Home Sellers Realized Average Price Gain of $44,000 in First Quarter of 2017, Highest Since Q3 2007

Average Homeownership Tenure Backs Off Record High in Q4 2016, Still Up From Year Ago; Distressed Sale Share Declines Annually for 23rd Consecutive Quarter Median Prices Above Pre-Recession Peaks in 54 Percent of Markets IRVINE, Calif. – April 27, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its… Read More »

Q1 2017 Foreclosure Activity Below Pre-Recession Levels Nationwide and In 47 Percent of U.S. Markets

Q1 2017 Foreclosure Activity Below Pre-Recession Levels Nationwide and In 47 Percent of U.S. Markets

Up From 36 Percent of Markets Below Pre-Recession Levels a Year Ago Markets Still Above Pre-Recession Levels Include New York, Chicago, Philadelphia IRVINE, Calif. – April 13, 2017 – ATTOM Data Solutions, curator of the nation’s largest fused property database, today released its Q1 and March 2017 U.S. Foreclosure Market Report, which shows first quarter… Read More »

The Densification of La La Land

The Densification of La La Land

Editor’s Note: The following is an excerpt from the March 2017 edition of the Housing News Report, an award-winning newsletter published monthly by ATTOM Data Solutions. For John Gomez the best predictor of an emerging Los Angeles housing bubble isn’t buried in esoteric economic numbers or arcane housing statistics; it’s what other real estate investors… Read More »

U.S. Distressed Sale Share Drops to Nine-Year Low in 2016

U.S. Distressed Sale Share Drops to Nine-Year Low in 2016

But Share of Foreclosure Auctions Going to Third-Party Buyers at Record High; U.S. Home Sellers in 2016 Realized Biggest Average Profits Since 2007; 44 Percent of Markets Reached New All-Time Home Price Peaks in 2016 IRVINE, Calif. – Feb. 2, 2017 — ATTOM Data Solutions, curator of the nation’s largest fused property database, today released… Read More »