Home Prices & Sales

The Rise of the Real Estate Data Bots

The following is an excerpt from an article that first appeared in the June 2017 Housing News Report, an award-winning monthly newsletter published by ATTOM Data Solutions. Ten years ago in June something new and different entered the American marketplace. The iPhone was a hit from day one, the first “smartphone” and a hint of… Read More »

Making America Unaffordable Again

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…. Read More »

Q2 2017 U.S. Median Home Price at Least Affordable Level Since Q3 2008

Q2 2017 U.S. Median Home Price at Least Affordable Level Since Q3 2008

Median Home Prices Rose Faster Than Wages in 87 Percent of Local Markets; 45 Percent of Markets Less Affordable Than Their Historic Norms, an Eight-Year High IRVINE, Calif. – June 29, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q2 2017 U.S. Home Affordability Index, which shows… Read More »

Surviving as a First-Time Buyer in America’s Least Affordable City

A new joint analysis by ATTOM Data Solutions and Down Payment Resource found that first-time homebuyers in Denver — the least affordable market in Q1 2017 according to the ATTOM Affordability Index — can increase their down payment on a median-priced home by $13,900 (129 percent above just the minimum 3 percent down) and save… 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. Residential Loan Origination Dollar Volume Drops to Three-Year Low in Q1 2017

Refinance Originations at More Than 10-Year Low, Purchase Originations at Three-Year Low; Non-Married Co-Borrowers Account for Nearly 22 Percent of Single Family Purchase Loans IRVINE, Calif. – May 25, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q1 2017 U.S. Residential Property Loan Origination Report, which shows… Read More »

Seriously Underwater Properties Down 1.2 Million From a Year Ago in Q1 2017, Equity Rich Properties Increase 1.4 Million

Seriously Underwater Properties Down 1.2 Million From a Year Ago in Q1 2017, Equity Rich Properties Increase 1.4 Million

Cleveland, Las Vegas, Akron Post Highest Share of Seriously Underwater Properties; San Jose, San Francisco, Honolulu Post Highest Share of Equity Rich Properties IRVINE, Calif. — May 4, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q1 2017 U.S. Home Equity & Underwater Report, which shows that… 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 »

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 »

One in Four U.S. Housing Markets Less Affordable Than Historic Affordability Averages in First Quarter of 2017

One in Four U.S. Housing Markets Less Affordable Than Historic Affordability Averages in First Quarter of 2017

U.S. Affordability Index Drops to a More Than 8-Year Low Despite Annual Wage Growth Outpacing Home Price Growth in 53 Percent of Local Markets   IRVINE, Calif. – March 30, 2017 — ATTOM Data Solutions, curator of the nation’s largest fused property database, today released its Q1 2017 U.S. Home Affordability Index, which shows that… Read More »