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Real Estate News – Recent Articles

Top 10 U.S. Counties with Highest Effective Property Tax Rates in 2023

Top 10 U.S. Counties with Highest Effective Property Tax Rates in 2023

According to ATTOM’s 2023 Property Tax Analysis for 89.4 million U.S. single family homes, there was a 6.9% surge in single-family home property taxes in 2023, reaching $363.3 billion.  The report states that this is nearly double the 3.6 percent growth rate of 2022 and represents the largest increase in the past five years. ATTOM’s latest... Read More »
Property Taxes on Single-Family Homes Up 7 Percent Across U.S. in 2023, to $363 Billion

Property Taxes on Single-Family Homes Up 7 Percent Across U.S. in 2023, to $363 Billion

Total Single-Family Taxes Levied Nationwide in 2023 Rise Twice as Fast as in 2022; Average Property Tax Up 4 percent, to $4,062, While Effective Rate Also Increases; Highest Effective Tax Rates Remain Clustered in Northeast and Midwest IRVINE, Cal. – Apr. 4, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released... Read More »
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The Value of Real-Time Assessor Data for Appraisals and Valuations

The Value of Real-Time Assessor Data for Appraisals and Valuations

As an appraiser, you need access to real-time, extensive property data in order to estimate a property’s value and provide more accurate valuations and appraisals. At ATTOM, we offer appraisers instant access to extensive assessor data on the housing market. Read on to find out how this data can help you when delivering property valuations and... Read More »
Home Affordability Improves Slightly Across U.S. During First Quarter but Remains Difficult for Average Workers

Home Affordability Improves Slightly Across U.S. During First Quarter but Remains Difficult for Average Workers

Major Home-Ownership Expenses Require Smaller Portion of Wages for Second-Straight Quarter; Historical Affordability Also Inches Upward; But Both Measures Remain Near Worst Levels in 15 Years as Home Prices Stay Close to All-Time Highs IRVINE, Calif. – Mar. 28, 2024 — ATTOM, a leading curator of land, property, and real estate data, today... Read More »
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Top 10 Counties with Highest Annual Percentage Increases in Home Flipping Returns

Top 10 Counties with Highest Annual Percentage Increases in Home Flipping Returns

According to ATTOM’s Year-End 2023 U.S. Home Flipping Report, a total of 308,922 single-family homes and condos were flipped in the United States throughout 2023. The report noted that this figure marks a notable decrease of 29.3 percent compared to the 436,807 flips recorded in 2022, representing the most substantial annual decline since 2008.... Read More »
Home Flipping Plummets Across U.S. in 2023 as Profits Slump Again

Home Flipping Plummets Across U.S. in 2023 as Profits Slump Again

Flipping Activity by Investors Declines at Fastest Pace in 15 Years; Investment Returns on Flips Sink to Lowest Level Since 2007: Two-Thirds of Flipped Homes Still Purchased with Cash IRVINE, Calif. – Mar. 21, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released its year-end 2023 U.S. Home Flipping Report, which... Read More »