Real Estate Trends
Houston Foreclosures Up Ahead of Harvey, Bucking National Trend
Even before Hurricane Harvey hit southeast Texas in late August 2017, signs of distress had been showing up in the Houston housing market, according to the ATTOM Data Solutions August Foreclosure Market Report. Houston foreclosure starts (scheduled foreclosure auctions) increased 67 percent in August compared to a year ago, and year-to-date... Read More »
Home Prices Rising Twice as Fast in U.S. Cities with Highest Natural Hazard Risk Than in Lowest-Risk Cities
Homeowners in Highest-Risk Cities Have More Equity, Longer Homeownership Tenures; Appreciation Slower in Florida and Louisiana Cities with Highest Flood Risk, Bucking Trend IRVINE, Calif. – Sept. 21, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its 2017 U.S. Natural Hazard Housing... Read More »
U.S. Home Flipping Rate Plateaus in Q2 2017 as Average Flipping Returns Decline for Third Consecutive Quarter
Rate Up in 53 Percent of Local Markets Led by Metros in Louisiana, New York, Alabama; Dollar Volume of Flipper Financing Rises to Nearly 10-Year High of $4.4 Billion IRVINE, Calif. – Sept. 14, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q2 2017 U.S. Home Flipping Report, which... Read More »
Co-Borrowers Account For 23 Percent of Single Family Home Purchase Loans in Q2 2017
Median Down Payment Percentage Rises to Nearly Three-Year High; Highest Co-Borrower Share in San Jose, Miami, Seattle, Southern California and Portland; Purchase Loan Dollar Volume at 10-Year High, Refinance Dollar Volume Down 32 Percent; IRVINE, Calif. – Sept. 7, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property... Read More »
A New Twist on the Home Flip in Memphis
Memphis is the epicenter of an emerging trend in home flipping — flip-to-rent. The Memphis metro area posted the nation’s highest home flipping rate as a percentage of home sales in Q1 2017 (15.1 percent), more than twice the national average of 6.7 percent, according to the latest report from ATTOM Data Solutions But only 8.1 percent of homes... Read More »