Real Estate News – Recent Articles
Is There a Housing Bubble? Climate Change and the Property Markets
Climate change is nothing new to the real estate and property industry. Insurance companies and regulators are two bodies aware of the increasing risks that wind, hail, tornadoes, and flooding are imposing on properties and homes. However, what is new is that researchers are warning that the data used to measure these risks is inaccurate.... Read More »
Top 10 U.S. Housing Markets with Highest Priced Homes in Q2 2024
According to ATTOM’s newly released Q2 2024 U.S. Home Sales Report, home sellers achieved a 55.8 percent profit margin on average single-family home and condo sales in the United States during the second quarter. This figure was mostly stable, increasing by approximately one percentage point from the first quarter of 2024, but remaining one point... Read More »
Profit Margins for U.S. Home Sellers Mostly Unchanged During Second Quarter Despite Renewed Price Spike
Returns on Typical U.S. Home Sales Increase Slightly to 56 Percent; Margins Generally Flat Even as Median U.S. Home Price Hits New High During Spring Buying Season; Median Raw Profits Rise Back Over $130,000 IRVINE, Calif. – July 25, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released its second-quarter 2024... Read More »
AI and the Real Estate Agent – The Perfect Partnership
Some experts think that artificial intelligence (AI) will eventually eliminate the need for real estate agents altogether. It’s a compelling argument; artificial intelligence (AI) has proved itself adept in scanning listings and data, predictive analytics, virtual staging, virtual tours, customer relationship management, valuation models, and... Read More »
Top 10 States with the Largest Number of Commercial Foreclosures in June 2024
According to ATTOM’s newly released U.S. Commercial Foreclosure Report, there has been a steady rise in commercial foreclosures over the years, climbing from a low of 141 in May 2020 to 647 in June 2024. This trend showcases a consistent increase throughout the period. ATTOM’s latest commercial foreclosure activity analysis also noted that Since... Read More »