#figuresfriday
Top 10 States with Longest Average Times to Foreclose in Q1 2022
According to ATTOM’s just released Q1 2022 U.S. Foreclosure Market Report, properties foreclosed in Q1 2022 had been in the foreclosure process an average of 917 days. The report noted that number was down just slightly from 941 days in Q4 2021 and down 1 percent from 930 days in Q1 2021. ATTOM’s latest foreclosure market analysis reported that... Read More »
Top 10 U.S. Counties with Lowest Effective Property Tax Rates in 2021
According to ATTOM’s 2021 Property Tax Analysis, the average tax on single-family homes in the U.S. in 2021 increased at the smallest pace in the five years, rising 1.8 percent from $3,719 in 2020 to $3,785 last year. The report noted the latest figures resulted in an effective tax rate of 0.9 percent, down from 1.1 percent in 2020. ATTOM’s... Read More »
Top 10 Most Affordable U.S. Housing Markets in Q1 2022
According to ATTOM’s just released Q1 2022 U.S. Home Affordability Report, median-priced single-family homes are less affordable compared to historical averages in 79 percent of U.S. counties analyzed. The report noted that figure is up from just 38 percent of counties that were historically less affordable in Q1 2021, to the highest point since... Read More »
Top 10 ZIPs Flipped in 2021
According to ATTOM’s just released Year-End 2021 U.S. Home Flipping Report, the number of single-family homes and condos flipped in the U.S. in 2021 was up 26 percent from 2020, to the highest point since 2006. Although, home flips in 2021 represented just 5.5 percent of all home sales in the nation during the year, down from 5.8 percent in 2020... Read More »
Top 10 U.S. Housing Markets with Greatest Numbers of Foreclosure Starts in February 2022
ATTOM’s February 2022 U.S. Foreclosure Market Report revealed that lenders started the foreclosure process on 16,545 U.S. properties in February 2022. That figure was up 40 percent from January 2022 and 176 percent from February 2021. According to ATTOM’s latest foreclosure activity analysis, those states that saw the greatest numbers of... Read More »