According to ATTOM Data Solutions’ just released Q3 2020 U.S. Home Affordability Report, median home prices of single-family homes and condos are less affordable than historical averages in 63 percent of U.S. counties, up from 54 percent in Q3 2019. This fallback comes as spikes in home prices are outpacing increasing wages and declining mortgage… Read More »
ATTOM Data Solutions’ newly released Q2 2020 U.S. Home Flipping Report reveals that both home flipping profits and profit margins were up nationwide in the second quarter of 2020, despite a decrease in the U.S. home flipping rate. According to ATTOM’s latest home flipping analysis, the gross profit on the typical home flip nationwide (the… Read More »
According to ATTOM Data Solutions’ just released August 2020 U.S. Foreclosure Market Report, U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — saw a slight uptick in August 2020 from July 2020, with 9,889 filings reported. That number increased monthly by 11 percent, but is still down 81 percent from… Read More »
ATTOM Data Solutions’ recently released Special Opportunity Zones Joint Report with CityBldr spotlights 11 U.S. neighborhoods, spanning seven states and the District of Columbia, that offer some of the most attractive opportunities in the nation for housing developers to take advantage of federal reinvestment tax benefits, under the Tax Cut and Jobs Act established by… Read More »
ATTOM Data Solutions’ newly released Q3 2020 Vacant Property and Zombie Foreclosure Report reveals that 1.6 percent of all homes in the U.S. are vacant, numbering 1,570,265 residential properties, with 7,960 or 3.7 percent of those vacant properties in the process of foreclosure, otherwise known as ‘zombie foreclosures.’ ATTOM’s most recent vacant properties analysis reports… Read More »
According to ATTOM Data Solutions’ just released Q2 2020 U.S. Residential Property Mortgage Origination Report, there were 1.69 million refinance mortgages secured by residential properties (1 to 4 units) in Q2 2020. The report revealed that number is up almost 50 percent from Q1 2020 and more than 100 percent from Q2 2019, to the… Read More »
ATTOM Data Solutions’ newly released July 2020 U.S. Foreclosure Market Report shows that U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — are continuing a downward trend amid the Coronavirus pandemic, with 8,892 filings reported in July 2020. According to ATTOM’s latest foreclosure activity report, foreclosure filings in July 2020… Read More »
