According to ATTOM Data Solutions’ Q4 2019 Opportunity Zones Report released this week, analyzing qualified Opportunity Zones established by Congress in the Tax Cuts and Jobs act of 2017, about half the zones included in the analysis, saw median home prices rise more than the national increase of 9.4 percent from Q4 2018 to Q4 2019. The report... Read More »
Foreclosure Starts and REOs Decrease Nationally There were 49,106 U.S. properties with foreclosure filings in January 2020, down 13 percent from December 2019 and down 8 percent from a year ago. Nationally, one in every 2,777 U.S. properties received a foreclosure filing during the month of January. Counter to the national trend, 15 states... Read More »
Median Prices Again Rise Year-Over-Year in Two-Thirds of Zones Targeted for Tax Breaks; Half of Zones Have Median Home Prices Below $150,000 IRVINE, Calif. – February 20, 2020 — ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released its third special... Read More »
There’s More for Your Practice than Bankruptcies Bankruptcy is a stopgap for the inevitable. And a lot of real estate attorneys expend a lot of effort marketing their bankruptcy services. There are two things to keep in mind, though. One: In most places, filing for bankruptcy is pretty simple and straightforward, so an attorney often is not... Read More »
Property Data for Insurers: A Must Amid Growing Natural Disasters Natural disasters are a growing concern for property owners — and their insurers should be equally worried. According to the Insurance Information Institute, losses from natural catastrophes topped $160 billion in just 2018 alone. In total, last year saw 850 disaster-level events... Read More »
ATTOM’s 2019 Year-End U.S. Home Equity and Underwater Report released this week stated that one in four or nearly 27 percent of the 54.5 million mortgaged homes in the U.S. were considered equity-rich in Q4 2019, meaning that the combined estimated amount of loans secured by those properties was 50 percent or less of their estimated market value.... Read More »
Equity-rich Properties in Fourth Quarter of 2019 Comprise 27 Percent of All Mortgaged Homes; Highest Equity Levels Remain in San Francisco Bay Area IRVINE, Calif. — Feb. 6, 2020 — ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released its fourth-quarter... Read More »