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Real Estate Trends

Top 10 Opportunity Zones Where Median Home Price Nearly Doubled Quarterly

Top 10 Opportunity Zones Where Median Home Price Nearly Doubled Quarterly

According to ATTOM’s newly released Q2 2024 Opportunity Zones Report, median prices for single-family homes and condos increased in 61 percent of Opportunity Zones across the country from the first quarter to the second quarter of 2024, based on zones with enough date to measure. On an annual basis, prices rose in 62 percent of the zones... Read More »
Opportunity Zone Home Prices Continue Riding Wave of Gains Across U.S. During Second Quarter of 2024

Opportunity Zone Home Prices Continue Riding Wave of Gains Across U.S. During Second Quarter of 2024

Median Home Values Increase in More Than Half of Opportunity Zones Targeted for Economic Redevelopment;  Price Trends Inside Those Zones Continue to Closely Follow National Market Patterns;  Some Measures in Opportunity Zones Again Outpace Nationwide Improvements    IRVINE, Calif. – Aug. 8, 2024 — ATTOM, a leading curator of land, property,... Read More »
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Top 10 U.S. Housing Markets with the Largest Annual Increase in Equity-Rich Properties in Q2 2024

Top 10 U.S. Housing Markets with the Largest Annual Increase in Equity-Rich Properties in Q2 2024

According to ATTOM’s just released Q2 2024 U.S. Home Equity & Underwater Report, in the second quarter 49.2 percent of mortgaged residential properties in the United States were considered equity-rich. This means that the combined estimated loan balances secured by these properties were no more than half of their estimated market values. The... Read More »
Homeowner Equity Turns Back Upward Across U.S. in Second Quarter of 2024 as Home Values Surge

Homeowner Equity Turns Back Upward Across U.S. in Second Quarter of 2024 as Home Values Surge

Half of Mortgaged Homeowners Once Again Equity-Rich; Portion of Owners Seriously Underwater Drops to Five-Year Low IRVINE, Calif. — Aug. 1, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released its second quarter 2024 U.S. Home Equity & Underwater Report, which shows that 49.2 percent of mortgaged residential... Read More »
Top 10 U.S. Housing Markets with Highest Priced Homes in Q2 2024

Top 10 U.S. Housing Markets with Highest Priced Homes in Q2 2024

According to ATTOM’s newly released Q2 2024 U.S. Home Sales Report, home sellers achieved a 55.8 percent profit margin on average single-family home and condo sales in the United States during the second quarter. This figure was mostly stable, increasing by approximately one percentage point from the first quarter of 2024, but remaining one point... Read More »
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Profit Margins for U.S. Home Sellers Mostly Unchanged During Second Quarter Despite Renewed Price Spike

Profit Margins for U.S. Home Sellers Mostly Unchanged During Second Quarter Despite Renewed Price Spike

Returns on Typical U.S. Home Sales Increase Slightly to 56 Percent; Margins Generally Flat Even as Median U.S. Home Price Hits New High During Spring Buying Season;  Median Raw Profits Rise Back Over $130,000 IRVINE, Calif. – July 25, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released its second-quarter 2024... Read More »
Top 10 States with the Largest Number of Commercial Foreclosures in June 2024

Top 10 States with the Largest Number of Commercial Foreclosures in June 2024

According to ATTOM’s newly released U.S. Commercial Foreclosure Report, there has been a steady rise in commercial foreclosures over the years, climbing from a low of 141 in May 2020 to 647 in June 2024. This trend showcases a consistent increase throughout the period. ATTOM’s latest commercial foreclosure activity analysis also noted that Since... Read More »