According to ATTOM’s recently released Q1 2024 U.S. Home Sales Report, profit margins on median-priced single-family home and condo sales in the U.S. decreased to 55.3 percent in the first quarter – the lowest level observed in over 2 years. ATTOM’s latest home sales analysis reported that the decrease in average profit margins, declining from... Read More »
According to ATTOM’s newly released U.S. Commercial Foreclosure Report, there is a persistent uptrend in commercial foreclosures over the years, starting from a minimum of 141 in May 2020 and reaching 625 in March 2024. This signifies a consistent rise over the entire period. ATTOM’s latest commercial foreclosure activity analysis also noted that... Read More »
According to ATTOM’s newly released Q4 and March 2024 U.S. Foreclosure Market Report, there were a total of 95,349 U.S. properties with foreclosure filings in the first quarter. That figure was up 3 percent from the previous quarter but down less than 1 percent from a year ago. ATTOM’s latest foreclosure activity analysis reported that nationwide... Read More »
According to ATTOM’s 2023 Property Tax Analysis for 89.4 million U.S. single family homes, there was a 6.9% surge in single-family home property taxes in 2023, reaching $363.3 billion. The report states that this is nearly double the 3.6 percent growth rate of 2022 and represents the largest increase in the past five years. ATTOM’s latest... Read More »
According to ATTOM’s Year-End 2023 U.S. Home Flipping Report, a total of 308,922 single-family homes and condos were flipped in the United States throughout 2023. The report noted that this figure marks a notable decrease of 29.3 percent compared to the 436,807 flips recorded in 2022, representing the most substantial annual decline since 2008.... Read More »
According to ATTOM’s newly released Q1 2024 Single-Family Rental Market Report, landlords are experiencing rising investment returns due to rents increasing slightly faster than home prices in most parts of the country. The report noted that rising rents have occurred in conjunction with various market forces driving rental demand. These include... Read More »
In 2023, the trend of purchasing homes with cash continued to rise across various Metropolitan Statistical Areas (MSAs) in the United States, with particular regions outpacing the national average by a significant margin. In looking at ATTOM’s 2023 Year-End Home Sales report, these top 10 MSAs with the highest percentage of cash sales in 2023... Read More »