Foreclosure Trends

Finding Real Estate Deals When Distress Dries Up

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 2007 you were getting 20 percent off the actual value. … Now you have them selling for 5 percent off, if that,” said Leland DiMeco, owner and principal... 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... 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... 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,... Read More »
The Densification of La La Land

The Densification of La La Land

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 are willing to pay for bottom-of-the-barrel homes in his local market of Norwalk. “Yesterday I went on Auction.com. A trashed house in Norwalk,... 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,... Read More »

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