#figuresfriday
Top 10 U.S. Metros with Highest Down Payment Percent for Home Purchases
According to ATTOM’s Q3 2023 U.S. Residential Property Mortgage Origination Report, 1.54 million mortgages secured by residential property were issued in the U.S. in Q3 2023, representing a 3 percent decline from the prior three-month period. The report noted that drop-off marked the ninth decline in the last 10 quarters – a string broken only by... Read More »
Top 10 Opportunity Zones Increasing in Home Values in Q3 2023
According to ATTOM’s newly released Q3 2023 Opportunity Zones Report, median single-family home and condo prices rose from Q2 to Q3 2023 in 54 percent of Opportunity Zones around the country and rose at least 5 percent in close to half. ATTOM’s latest opportunity zones report noted those price improvements in and around low-income neighborhoods... Read More »
Top 10 Equity-Rich ZIPs in Q3 2023
According to ATTOM’s just released Q3 2023 U.S. Home Equity & Underwater Report, the portion of mortgages that were equity-rich went down in 29 of the 50 U.S. states from Q2 to Q3 2023, commonly by one to four percentage points. The latest home equity and underwater analysis compiled by ATTOM found that the biggest declines came in the South... Read More »
Top 10 ZIPs with Greatest Improvements in Underwater Mortgages in Q3 2023
ATTOM’s just released Q3 2023 U.S. Home Equity & Underwater Report, revealed that 47.4 percent of mortgaged residential properties in the U.S. were considered equity-rich in the third quarter. According to the report, that figure means that the combined estimated amount of loan balances secured by those properties was no more than half of... Read More »
Top 10 Housing Markets with Biggest Quarterly Increases in Profit Margins in Q3 2023
According to ATTOM’s recently released Q3 2023 U.S. Home Sales Report, profit margins on median-priced single-family home and condo sales in the U.S. increased to 59 percent – the second straight quarterly increase following several declines. ATTOM’s latest home sales analysis reported that the improvement in typical profit margins, from 56.6... Read More »
Top 10 U.S. Housing Markets Considered Affordable in Q3 2023
ATTOM’s recently released Q3 2023 U.S. Home Affordability Report revealed that affordability worsened across the nation amid a third-quarter increase in home prices and home-mortgage rates, which combined to help push the typical portion of average wages nationwide required for major home-ownership expenses up to 35 percent. The latest home... Read More »