According to ATTOM Data Solutions’ Q1 2020 U.S. Home Equity and Underwater Report just released, 14.5 million residential properties in the U.S. were considered equity-rich in the first quarter of 2020. The combined estimated amount of loans secured by those properties was 50 percent or less of their estimated market value. ATTOM’s latest home... Read More »
As featured in ATTOM Data Solutions’ Q1 2020 U.S. Home Sales Report released this week, home sellers nationwide realized a home price gain of $67,100 on the typical sale during the first quarter of 2020. That figure is up from $66,264 in Q4 2019 and $59,000 in Q1 2019. According to the report, that $67,100 typical home-seller profit represented a... Read More »
ATTOM Data Solutions recently released a special report spotlighting the U.S. housing markets more or less vulnerable to the impact of the Coronavirus pandemic. The analysis found that the Northeast has the largest concentration of the most at-risk counties, with clusters in New Jersey and Florida, while the West and Midwest have the smallest.... Read More »
ATTOM Data Solutions’ newly released Q1 2020 U.S. Foreclosure Market Report reveals that foreclosure activity in the first quarter of 2020 was below pre-recession averages for 61 percent of U.S. housing markets (134 out of the 220) with a population greater than 200,000. The areas named in this category were Denver, Colorado (89 percent below);... Read More »
According to ATTOM Data Solutions’ 2019 Property Tax Analysis just released, U.S. property taxes levied on single family homes in 2019 totaled $306.4 billion, up 1 percent from $304.6 billion in 2018. The average tax amount of $3,561 per home in 2019, equates to an effective tax rate of 1.14 percent. The report noted the average property taxes of... Read More »
ATTOM Data Solutions’ newly released February 2020 U.S. Foreclosure Market Report reveals that nationwide foreclosure activity hit an all-time low with a total of 48,004 U.S. properties with foreclosure filings recorded — the lowest number since tracking began in April 2005. The report also noted that completed foreclosures (REOs) in February... Read More »
According to ATTOM Data Solutions’ Q1 2020 U.S. Home Affordability Report released this week, median home prices are unaffordable for average wage earners in 66 percent or 319 of 483 of the U.S. counties analyzed. That figure is down from 70.4 percent in Q4 2019 and 69.8 percent from Q1 2019. However, the report also shows that owning a... Read More »