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Real Estate Trends

Renting More Affordable Than Homeownership Across Most Of The Nation In 2023

Renting More Affordable Than Homeownership Across Most Of The Nation In 2023

Rents Rising Faster Than Home Prices in Almost Half the U.S.; Both Renting and Owning Unaffordable for Average Workers Throughout the Country; Renting Still More Manageable in Vast Majority of Markets IRVINE, Calif. – Jan. 19, 2023 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its 2023 Rental... Read More »
Top 10 ZIPS with Highest Foreclosure Rates in 2022

Top 10 ZIPS with Highest Foreclosure Rates in 2022

According to ATTOM’s just released Year-End 2022 U.S. Foreclosure Market Report, foreclosure filings were reported on 324,237 U.S. properties in 2022. That figure was up 115 percent from 2021, but down 34 percent from 2019, before the pandemic. The report noted that foreclosure filings in 2022 were also down 89 percent from a peak of nearly 2.9... Read More »
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U.S. Foreclosure Activity Doubles Annually But Still Below Pre-Pandemic Levels

U.S. Foreclosure Activity Doubles Annually But Still Below Pre-Pandemic Levels

Foreclosure Starts Up from 2021, While Foreclosure Completions Decline; Illinois, New Jersey and Delaware Post Highest Foreclosure Rates in 2022 IRVINE, Calif. – Jan. 12, 2023 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its Year-End 2022 U.S. Foreclosure Market Report, which shows... Read More »
ATTOM Webinar Summary: 2023 Housing Market Outlook

ATTOM Webinar Summary: 2023 Housing Market Outlook

This ATTOM webinar, presented by Rick Sharga, EVP of Market Intelligence for ATTOM and Mike Simonsen, Founder and CEO of Altos Research, looks at key market indicators as we head into the new year, current housing market conditions, the state of the economy, and the latest data on sales prices, inventory, home affordability, the distressed market... Read More »
Top 10 U.S. Counties with Highest Wages Required for Homeownership

Top 10 U.S. Counties with Highest Wages Required for Homeownership

According to ATTOM’s just released Q3 2022 U.S. Home Affordability Report, median-priced single-family homes and condos are less affordable in Q4 2022 compared to historical averages in 99 percent of U.S. counties. The report notes that figure is far above the 68 percent of counties that were less affordable in Q4 2021. ATTOM’s latest home... Read More »
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Home Affordability Worsens Across U.S. During Fourth Quarter of 2022 Despite Declining Home Prices

Home Affordability Worsens Across U.S. During Fourth Quarter of 2022 Despite Declining Home Prices

Major Home-Ownership Costs Consume 32 Percent of Average National Wage, Hitting 15-Year High; Portion of Wages Needed to Own Shoots Up as Rising Interest Rates Outweigh Falling Prices IRVINE, Calif. – Dec. 22, 2022 —  ATTOM, a leading curator of real estate data nationwide for land and property data, today released its fourth-quarter 2022 U.S.... Read More »
Top 10 U.S. Counties with Highest Home Flipping Investment Returns

Top 10 U.S. Counties with Highest Home Flipping Investment Returns

According to ATTOM’s newly released Q3 2022 U.S. Home Flipping Report, just 92,422 single-family homes and condos were flipped in the U.S. in the third quarter, representing 7.5 percent of all home sales. The report noted that portion was down from 8.2 percent in Q2 2022, but still up from 5.9 percent in Q3 2021. ATTOM’s latest home flipping... Read More »