According to ATTOM’s Q1 2023 U.S. Residential Property Mortgage Origination Report, just 1.25 million mortgages secured by residential property were originated in Q1 2023 – the lowest point since late-2000. The report noted that figure was down 19 percent from Q4 2022 – marking the eighth quarterly decrease in a row – and down 56 percent from Q1... Read More »
Total Residential Loans Drop Another 19 Percent Quarterly to Lowest Point Since 2000; Refinance and Purchase Lending Decline Nearly 20 Percent Quarterly, With Refinancing Down 85 Percent Annually; Home-Equity Lending Decreases for Second Straight Quarter IRVINE, Calif. – June 1, 2023 — ATTOM, a leading curator of land, property, and real estate... Read More »
According to ATTOM’s newly released Q2 2023 Vacant Property and Zombie Foreclosure Report, 1.3 million residential properties in the U.S. are vacant, representing 1.3 percent, or one in 79 homes, across the nation. ATTOM’s latest vacant properties analysis also revealed that 311,508 residential properties are in the process of foreclosure in Q2... Read More »
Count of Vacant Homes in Foreclosure Increases for Fifth Straight Quarter; Zombie Properties Comprise Largest Portion of All Homes Since Before COVID Pandemic; But Just One of Every 11,600 Residential Properties Nationwide Sits Empty in Foreclosure IRVINE, CA – May 25, 2023 — ATTOM, a leading curator of land, property, and real estate data, today... Read More »
ATTOM’s newly released Q1 2023 Opportunity Zones Report found that median single-family home and condo prices stayed the same or decreased from Q4 2022 to Q1 2023 in 52 percent of qualified zones, and fell at least 3 percent in almost half. The report noted that at the same time, prices increased by at least that much in about 40 percent of those... Read More »
Median Home Values Decline in About Half of Zones Targeted for Economic Redevelopment; Trends Mostly Match Broader Nationwide Market Slowdown; But One Measure Shows Opportunity Zones Holding Up Slightly Better Than Other Local Markets IRVINE, Calif. – May 18, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released... Read More »
According to ATTOM’s just released April 2023 U.S. Foreclosure Market Report, there were a total of 32,977 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — down 10 percent from March 2023 but up 8 percent from April 2022. ATTOM’s latest foreclosure activity analysis reported that nationwide... Read More »