Real Estate Trends
Propensity to Default Data: Analyzing Foreclosure Probability as a Real Estate Investor
Ever wished you could more easily predict foreclosures and find homeowners with a higher likelihood of listing or selling in the near future as a real estate investor? Currently, less than 1% of all homes go into foreclosure each year. As such, finding reliable data on the likelihood of certain residential properties falling into foreclosure is... Read More »
Top 10 States with Underwater Mortgages
Homeowners are seeing a significant reversal in a home equity trend that previously showed three sequential quarters of decline. After significant spikes in home prices during the 2024 spring buying season, homeowner equity is rising. This news bodes well for seriously underwater mortgages. Nationally, seriously underwater mortgages are... Read More »
Top 10 Counties with the Largest Quarterly Increase in Affordability Indexes in Q3 2024
According to ATTOM’s Q3 2024 U.S. Home Affordability Report median-priced single-family homes and condos are still less affordable compared to historical norms in 99 percent of counties with sufficient data. This trend, observed since 2022, reflects a persistent challenge in homeownership, with housing costs consuming historically significant... Read More »
Home Ownership Slightly More Affordable Across U.S. in Third Quarter but Still Difficult for Average Workers
Major Home-Ownership Expenses Consume 34 Percent of National Average Wage; Portion Ticks Downward as Home-Price Spike Eases and Mortgage Rates Drop; Historical Affordability Also Inches Up While Remaining Weak IRVINE, Calif. – Sept. 26, 2024 — ATTOM, a leading curator of land, property data, and real estate analytics, today released its... Read More »
The AI Trifecta for Real Estate – Algorithms, APIs, and Quality Data
Seemingly overnight, artificial intelligence is everywhere. Generative AI writing tools promise to write your first best-seller for you, and Callaway’s Paradym AI-assisted Smoke Max Driver will guarantee you a trophy at your next golf tournament. With such lofty promises, expectations are high. In the real estate sector, generative AI is also... Read More »