#figuresfriday
Top 10 U.S. Counties with the Greatest Effective Property Tax Rates
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 »
Top 10 U.S. Counties with Highest Foreclosure Rates in February 2020
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 »
Top 10 U.S. Counties Where Homebuying is Most Affordable
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 »
Top Metros with Greatest Annual Increases in Number of REFIs
With interest rates near all-time lows, ATTOM Data Solutions uncovered this week that refinance mortgages originated in Q4 2019 represented an estimated $391.3 billion in total dollar volume. That’s according to ATTOM’s newly released Q4 2019 U.S. Residential Property Mortgage Origination Report. The report noted that refinance dollar volume is... Read More »
U.S. Counties with the Greatest Single Family Rental Growth
The high-level takeaways from ATTOM Data Solutions’ newly released 2020 U.S. Single Family Rental Market Report are potential rental returns decrease from a year ago in 59 percent of the U.S. counties analyzed, while the highest potential SFR returns are in the Baltimore, Vineland, Macon, Mobile and Atlanta Metros. ATTOM’s annual single family... Read More »
Top Metro Areas Seeing More Home Flips, Millennials and Baby Boomers
Fresh off the heels of ATTOM Data Solutions’ Year-End 2019 U.S. Home Flipping Report released this week, ATTOM decided to take a deep dive into the demographics within the top metro areas seeing more home flips and here is what we found. According to ATTOM’s latest year-end home flipping report, U.S. single family homes and condos flipped in 2019... Read More »