Major Home-Ownership Expenses Consume 35 Percent of Average Wage Nationwide, Reaching Another High Over the Past Decade; While Historic Affordability Drops to New Low IRVINE, Calif. – Sept. 28, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its third-quarter 2023 U.S. Home Affordability Report showing that... Read More »
ATTOM recently published its Q2 2023 U.S. Home Flipping Report, revealing that 84,350 single-family homes and condominiums across the United States underwent flipping. Flipping, defined as an arms-length transaction occurring within a quarter following a prior arms-length transaction within the past 12 months, constituted 8% of all home sales... Read More »
Flipping Rate Declines to Near Low Point Since 2021; Typical Profit Margins Increase at Fastest Quarterly Pace in Three Years Following Extended Slump; Raw Flipping Profits Also Rebound, Up 18 Percent Over First Quarter IRVINE, Calif. – Sept. 21, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its... Read More »
According to ATTOM’s newly released Q2 2023 Special Housing Risk Report, New Jersey and Illinois have the highest concentrations of the most-at-risk markets in the country, with the biggest clusters in the New York City, Chicago and Philadelphia areas. The report noted that the South, along with other parts of the Northeast, are generally less... Read More »
Areas More Vulnerable to Downturns Clustered in New York City, Chicago and Philadelphia Metro Areas, Based on Measures from Second Quarter of 2023; South and New England Less Exposed to Downturns IRVINE, Calif. — Sept. 14, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released a Special Housing Impact Report... Read More »
Foreclosure Starts Increase 9 Percent from Last Month; Completed Foreclosures Up 1 Percent from Last Month IRVINE, Calif. — September 13, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its August 2023 U.S. Foreclosure Market Report, which shows there were a total of 33,952 U.S. properties with foreclosure... Read More »
ATTOM’s Q2 2023 U.S. Residential Property Mortgage Origination Report shows that the total number of mortgages secured by residential property in the U.S. increased to 1.56 million in Q2 2023. The report noted that while that figure remained down 38 percent annually, it was up 21 percent quarterly – the first such increase in two years. According... Read More »