Real Estate Trends
Mortgage Lending Declines At Unusually Fast Pace Across U.S. During Third Quarter Of 2021
Overall Loan Activity Down 8 Percent, Marking Second Straight Quarterly Decrease; Mortgage Lending Down in Both Second and Third Quarters for First Time This Century; Refinance Mortgages Drop 13 Percent Quarterly, Purchase Loans Off 2 Percent IRVINE, Calif. – Dec. 2, 2021 — ATTOM, curator of the nation’s premier property database, today released... Read More »
Top 10 Opportunity Zones with Median Home Prices on the Rise
ATTOM’s newly released Q3 2021 Opportunity Zones Report, analyzing qualified low-income Opportunity Zones as established by Congress in the Tax Cuts and Jobs Act of 2017, found that that median single-family home and condo prices increased from Q2 to Q3 2021 in 62 percent of zones analyzed. The report also found that around the country, prices... Read More »
Home Values in Opportunity Zone Redevelopment Areas Maintain Momentum Along with Rest of U.S. Housing Market
Two-Thirds of Opportunity Zones Targeted for Improvement See Median Prices Rise from Second to Third Quarter of 2021; Opportunity Zone Prices Up At Least 20 Percent Annually in Nearly Half of All Zones; Price Growth Tops Broader National Annual Gain in Roughly Half the Zones IRVINE, Calif. – Nov. 18, 2021 — ATTOM, curator of the nation’s premier... Read More »
Top 10 Equity-Rich ZIPs with the Greatest Quarterly Increases
According to ATTOM’s just released Q3 2021 U.S. Home Equity and Underwater Report, 39.5 percent of mortgaged residential properties – one in three – in the U.S. were considered equity-rich in Q3 2021, up from 34.4 percent in Q2 2021 and 28.3 percent in Q3 2020. ATTOM’s latest home equity and underwater analysis also found that just 3.4 percent of... Read More »
Home Equity Abounds Across U.S. During Third Quarter As Home Values Hit New Highs
Twelve Times More Properties are Equity-Rich Than Seriously Underwater Nationwide; Portion of U.S. Homes Considered Equity-Rich Up to 40 Percent; Seriously Underwater Properties Down to 3 percent IRVINE, Calif. — Nov. 11, 2021 — ATTOM, curator of the nation’s premier property database, today released its third-quarter 2021 U.S. Home Equity &... Read More »