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Real Estate News – Recent Articles

New Jersey, Illinois and California Have Highest Concentration of Vulnerable Housing Markets

New Jersey, Illinois and California Have Highest Concentration of Vulnerable Housing Markets

Chicago and New York City Areas Most Exposed to Downturns in First Quarter of 2022; East Coast, Midwest and Inland California Have Other At-Risk Markets; South Region Less Vulnerable IRVINE, Calif. — June 22, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released a Special Housing Risk Report... Read More »
Top 10 ZIPS with Worst Foreclosure Rates in May 2022

Top 10 ZIPS with Worst Foreclosure Rates in May 2022

ATTOM’s May 2022 U.S. Foreclosure Market Report found there were a total of 30,881 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in May 2022. That number was up just 1 percent from April 2022 but up 185 percent from May 2021. According to ATTOM’s latest foreclosure activity analysis,... Read More »
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U.S. Foreclosure Activity Increases Slightly in May 2022

U.S. Foreclosure Activity Increases Slightly in May 2022

Foreclosure Starts Decrease 1 Percent from Last Month, While Completed Foreclosures Increase 1 Percent IRVINE, Calif. — June 14, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data,  today released its May 2022 U.S. Foreclosure Market Report, which shows there were a total of 30,881 U.S. properties with... Read More »
Top 10 U.S. Housing Markets with Highest Quarterly Increases in HELOC Lending

Top 10 U.S. Housing Markets with Highest Quarterly Increases in HELOC Lending

According to ATTOM’s Q1 2022 U.S. Residential Property Mortgage Origination Report, 2.71 million mortgages secured by residential property were originated in Q1 2022 in the U.S. – down 18 percent from Q4 2021, the largest quarterly decrease since 2017, and down 32 percent from Q1 2021, the biggest annual drop since 2014. The report noted that the... Read More »
Mortgage Lending Plummets Across U.S. in First Quarter Amid Sharp Drops in Purchase and Refinance Activity

Mortgage Lending Plummets Across U.S. in First Quarter Amid Sharp Drops in Purchase and Refinance Activity

Overall Residential Lending Activity Down Annually by 32 Percent, Marking Fastest Decline in Eight Years; Number of New Loans Decreases for Fourth Straight Quarter; Refinance Lending Drops Another 22 Percent While Purchase Mortgages Dip 18 Percent IRVINE, Calif. – June 9, 2022 — ATTOM, a leading curator of real estate data nationwide for land and... Read More »
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Vacant Zombie Properties Rising in Second Quarter Amid Jump in Foreclosure Activity

Vacant Zombie Properties Rising in Second Quarter Amid Jump in Foreclosure Activity

Zombie Foreclosures Up 3 Percent from First to Second Quarter of 2022as Foreclosure Activity Increases 13 Percent; Increase in Empty Properties Facing Foreclosure Marks First Gain in a Year; Zombie Properties Still Represent Just One of Every 13,200 Residential Properties in U.S. and Remain Down Annually IRVINE, CA – June 2, 2022 — ATTOM, a... Read More »