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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

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, the bid started… 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 »

Are We Headed for Another Bursting Housing Bubble in 2017?

Are We Headed for Another Bursting Housing Bubble in 2017?

Housing prices may be appreciating at a seemingly unsustainable rate once again in some markets around the country, but Christopher Thornberg believes the nation’s economic fundamentals will continue to be much more sound in 2017 than when the market began to implode back in 2005. “There’s no housing bubble. Not even close,” assures Thornberg, Founding… Read More »

17.3 Million U.S. Homes with Combined Value of $4.9 Trillion in Zip Codes with High Environmental Hazard Risk

17.3 Million U.S. Homes with Combined Value of $4.9 Trillion in Zip Codes with High Environmental Hazard Risk

Home Values, Long Term Appreciation Lower in High Risk Zip Codes; Underwater Rates, Share of Cash Sales Higher In High Risk Zip Codes IRVINE, Calif. – Feb. 16, 2017 — ATTOM Data Solutions, curator of the nation’s largest fused property database, today released its third annual Environmental Hazards Housing Risk Index, which shows that 17.3… Read More »

Number of Seriously Underwater Properties Down 1 Million From Year Ago, Down 7.1 Million From Market Bottom in Q1 2012

Number of Seriously Underwater Properties Down 1 Million From Year Ago, Down 7.1 Million From Market Bottom in Q1 2012

Number of Equity Rich U.S. Properties Increases by 1.3 Million Compared to a Year Ago; But Equity Lost During Downturn Helping to Keep Average Homeownership Tenure Elevated at Nearly Twice Pre-Recession Levels; IRVINE, Calif. — Feb. 9, 2017 — ATTOM Data Solutions, curator of the nation’s largest fused property database, today released its Year-End 2016… 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 »

Buying More Affordable than Renting in 66 Percent of U.S. Housing Markets

Buying More Affordable than Renting in 66 Percent of U.S. Housing Markets

Rents and Home Prices Rising Faster than Wages in Majority of Markets Counties in San Francisco, DC, Key West, Hawaii Top Least Affordable Rental Markets Rents Rising Faster Than Home Prices in San Diego, Orange County, Dallas, San Jose IRVINE, Calif. – Jan. 5, 2017 — ATTOM Data Solutions, curator of the nation’s largest fused… Read More »