Real Estate Trends
U.S. Foreclosure Activity Continues to Decline During Coronavirus Pandemic
ATTOM Data Solutions, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (www.realtytrac.com), a foreclosure listings portal, today released its May 2020 U.S. Foreclosure Market activity analysis, which shows there were a total of 8,767 U.S. properties with foreclosure filings — default notices,... Read More »
Top 10 U.S. Housing Markets with Highest Vacancy Rates
ATTOM Data Solutions’ recently released Q2 2020 Vacant Property and Zombie Foreclosure Report revealed that 1.5 million residential properties in the U.S. are vacant, representing 1.5 percent of all homes. The report also found that about 258,000 homes are in the process of foreclosure, with about 7,650, or 3 percent, sitting empty as so-called... Read More »
Home Sales Prices Rise in March Amid Early Phases of the Coronavirus Pandemic
The nation’s housing market showed mixed signs of fending off the Coronavirus pandemic in March 2020 as home prices continued rising throughout the Nation, but sales slumped at a pace not seen in more than a decade. In the first indication of the pandemic’s impact on the housing market, transactional single-family homes and condo sales data... Read More »
Vacant Zombie Property Rate In U.S. Holds Steady Amid Foreclosure Moratorium
Three Percent of Homes Facing Possible Foreclosure Sit Vacant in Second Quarter of 2020; Among All Residential Properties, Zombie Foreclosures Represent One of Every 13,000; Zombie Percentage Is Virtually Unchanged Amid Moratorium On Foreclosures IRVINE, Calif. – May 28, 2020 — ATTOM Data Solutions, curator of the nation’s premier property... Read More »
Coronavirus’ Impact on the Foreclosure Market
Due to the economic impact of the Coronavirus, analysts predict a prospective rise in the number of foreclosures over the next several months. As such, as a real estate investor it’s wise to make sure you keep a close watch over changing trends in the distressed market. In this article, we explore how COVID-19 may impact foreclosures in the... Read More »
Top 10 MSAs with Greatest Numbers of REFIs in Q1 2020
According to ATTOM Data Solutions’ just released Q1 2020 Residential Property Mortgage Origination Report, refinance loans accounted for 55.7 percent of all 1.92 million home loans in Q1 2020. There were 1.07 million refinance mortgages secured by residential property (1 to 4 units) during the first quarter of 2020. That number was down 16... Read More »