Real Estate Trends
Increased Foreclosure Activity in First Six Months of 2022 Approaches Pre-Covid Levels
U.S. Foreclosure Starts up 219 Percent in First Six Months of 2022; 96 Percent of Major Metro Areas Saw an Annual Increase in Foreclosure Filings; Foreclosure Rates Highest in Illinois, New Jersey, and Ohio IRVINE, Calif. – July 14, 2022 —ATTOM, a leading curator of real estate data nationwide for land and property data, today released its... Read More »
Top 10 U.S. Counties with Greatest Annual Median Home Price Gains in Q2 2022
ATTOM’s just released Q2 2022 U.S. Home Affordability Report shows that median-priced single-family homes and condos were less affordable in Q2 2022, compared to historical averages in 97 percent of U.S. counties. The report noted that figure was up from 69 percent in Q2 2021, to the highest point since 2007 – just before the housing market... Read More »
Rising Prices and Mortgage Rates Make Homeownership Unaffordable Across Most of the U.S.
Nearly One-Third of Average Wages Required for Major Home-Ownership Expenses During Second Quarter of 2022; Portion of Wages Consumed by Home Ownership Rises at Fastest Pace This Century; Historic Affordability Plummets to 15-Year Low as Median Home Price Hits $349,000 and Mortgage Rates Top 5 percent IRVINE, Calif. – June 30, 2022 — ATTOM, a... Read More »
Top 10 U.S. Counties with Highest Home Flipping Rates in Q1 2022
According to ATTOM’s just released Q1 2022 U.S. Home Flipping Report, the home flipping rate in the first quarter was at the highest level since at least 2000, with single-family home and condo flips representing 9.6 percent of all home sales. The report noted that figure was up from 6.9 percent in Q4 2021 and 4.9 percent in Q1 2021. ATTOM’s... Read More »
Home Flipping Spikes Across U.S. in First Quarter of 2022 But Profits Drop to 13-Year Low
Nationwide Home-Flipping Rate Jumps to Highest Level This Century; Raw Profits on Home Flips Increase for First Time Since 2020; But Typical Profit Margins on Flips Decline Again, to Lowest Point Since 2009 IRVINE, Calif. – June 23, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its... Read More »
New Jersey, Illinois and California Have Highest Concentration of Vulnerable Housing Markets
Chicago and New York City Areas Most Exposed to Downturns in First Quarter of 2022; East Coast, Midwest and Inland California Have Other At-Risk Markets; South Region Less Vulnerable IRVINE, Calif. — June 22, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released a Special Housing Risk Report... Read More »Popular Posts
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U.S. Foreclosure Activity Increases Quarterly in Q1 2024
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U.S. Commercial Foreclosures Increase in March 2024
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Property Taxes on Single-Family Homes Up 7 Percent Across U.S. in 2023, to $363 Billion
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Top 10 U.S. Counties with Highest Effective Property Tax Rates in 2023
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U.S. Foreclosure Activity Continues to See an Annual Increase
