Real Estate News – Recent Articles
Top 10 U.S. Metros with Largest Median Down Payments for Home Purchases
According to ATTOM’s Q2 2024 U.S. Residential Property Mortgage Origination Report, a total of 1.62 million mortgages secured by residential property (1 to 4 units) were issued in the United States during the quarter, reflecting a 23.2 percent increase compared to the previous three-month period. ATTOM’s latest analysis found that despite the... Read More »
Home Mortgage Lending Rebounds Nationwide with Across the Board Gains in Second Quarter of 2024
Residential Loans Surge 23 Percent Quarterly, Climbing Back to Levels from a Year Earlier; Purchase, Refinance and Home-Equity Lending All Increase; Despite Shift, Lending Activity Still Off Nearly Two-Thirds from 2021 Peak IRVINE, Calif. – Aug. 29, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released its... Read More »
Transformations in Mortgage Lending: How AI is Helping Real Estate Lenders Serve a Broader Market
Mortgage lenders from fifty years ago would hardly recognize the industry now. Alternative lenders, online loan applications, e-sign documents, AI-powered algorithms for applicant screening are all technology-induced disruptors in the rapidly evolving real estate lending market. Changing demographics and consumer demand for responsive services... Read More »
Top 10 Zombie Foreclosure Zip Codes in Q3 2024
According to ATTOM’s newly released Q3 2024 Vacant Property and Zombie Foreclosure Report, 1.4 million (1,357,423) residential properties in the United States are currently vacant. This accounts for 1.3 percent, or approximately one in every 76 homes nationwide, which remains consistent with the figures reported in the second quarter of this... Read More »
Zombie Foreclosure Rate Continues to Decline in Third Quarter of 2024, Marking Lowest Level Since 2021
Abandoned Homes in Foreclosure Down 20 Percent Annually; Only One in 14,800 U.S. Homes Sit Empty in Foreclosure, Matching Three-Year Low; Zombie-Property Trends Come Amid Decline in Lenders Going After Delinquent Homeowners IRVINE, CA – Aug. 22, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released its... Read More »