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Real Estate Trends

Top 10 Counties Starting the Foreclosure Process

Top 10 Counties Starting the Foreclosure Process

This week ATTOM Data Solutions released its Q1 2019 U.S. Foreclosure Market Report, which showed a total of 161,875 U.S. properties with a foreclosure filing during the first quarter of 2019, down 23 percent from the previous quarter and down 15 percent from a year ago to the lowest level since Q1 2008. One thing to note, not only does this... Read More »
U.S. Foreclosure Activity Decreases 15 Percent in Q1 2019 to Lowest Levels Since Q1 2008

U.S. Foreclosure Activity Decreases 15 Percent in Q1 2019 to Lowest Levels Since Q1 2008

Foreclosure Activity Below Pre-Recession Levels in 60 Percent of U.S. Markets; Foreclosure Starts Up Seven Percent From a Year Ago; Average Foreclosure Timeline Increases 5 Percent From Last Year IRVINE, Calif. – April 11, 2019 — ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of... Read More »
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Top 10 Metros with The Lowest Property Tax Rates

Top 10 Metros with The Lowest Property Tax Rates

This week ATTOM Data Solutions released its 2018 Property Tax Analysis. In addition to featuring the total amount of property taxes levied on single family homes in 2018 ($304.6 billion), the report showed that the average property tax amount on single family homes in 2018 was $3,498 – an effective tax rate of 1.16 percent. That number is up 3... Read More »
U.S. Property Taxes Levied on Single Family Homes in 2018 Increased 4 Percent to More Than $304 Billion

U.S. Property Taxes Levied on Single Family Homes in 2018 Increased 4 Percent to More Than $304 Billion

Average Property Tax Was $3,498, Up 3 Percent and Effective Tax Rate of 1.16 Percent; Highest Effective Tax Rates in New Jersey, Illinois, Texas, Vermont, Connecticut IRVINE, Calif. – April 4, 2019 — ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released... Read More »
Top 10 Counties with The Worst Home Affordability

Top 10 Counties with The Worst Home Affordability

This week ATTOM Data Solutions released its Q1 2019 U.S. Home Affordability Index, which shows that median-priced homes were not affordable for average wage earners in the first quarter of 2019 in 71 percent of the U.S. housing markets. Affordability for average wage earners was determined by calculating the amount of income needed to make... Read More »
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Median-Priced Homes Not Affordable for Average Wage Earners in 71 Percent of U.S. Housing Markets

Median-Priced Homes Not Affordable for Average Wage Earners in 71 Percent of U.S. Housing Markets

Home Prices Less Affordable Than Historic Average in 49 Percent of Local Markets; 65 Percent of Markets Less Affordable Than a Year Ago IRVINE, Calif. – March 28, 2019 — ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released its Q1 2019 U.S. Home... Read More »
January 2019 Home Seller Gains by Market

January 2019 Home Seller Gains by Market

ATTOM Data Solutions took an early look at home seller gains from January 2019 in the 20 markets anticipated to be covered by Case-Shiller next week. Among those 20 markets, San Francisco saw the greatest seller gains in January 2019, selling for an average of $325,000 more than their original purchase price. That price gain represented an... Read More »