ATTOM Data Solutions’ newly released February 2020 U.S. Foreclosure Market Report reveals that nationwide foreclosure activity hit an all-time low with a total of 48,004 U.S. properties with foreclosure filings recorded — the lowest number since tracking began in April 2005. The report also noted that completed foreclosures (REOs) in February 2020 continued an annual… Read More »
According to ATTOM Data Solutions’ Q1 2020 U.S. Home Affordability Report released this week, median home prices are unaffordable for average wage earners in 66 percent or 319 of 483 of the U.S. counties analyzed. That figure is down from 70.4 percent in Q4 2019 and 69.8 percent from Q1 2019. However, the report also… Read More »
With interest rates near all-time lows, ATTOM Data Solutions uncovered this week that refinance mortgages originated in Q4 2019 represented an estimated $391.3 billion in total dollar volume. That’s according to ATTOM’s newly released Q4 2019 U.S. Residential Property Mortgage Origination Report. The report noted that refinance dollar volume is up 19 percent from Q3… Read More »
The high-level takeaways from ATTOM Data Solutions’ newly released 2020 U.S. Single Family Rental Market Report are potential rental returns decrease from a year ago in 59 percent of the U.S. counties analyzed, while the highest potential SFR returns are in the Baltimore, Vineland, Macon, Mobile and Atlanta Metros. ATTOM’s annual single family rental report… Read More »
Fresh off the heels of ATTOM Data Solutions’ Year-End 2019 U.S. Home Flipping Report released this week, ATTOM decided to take a deep dive into the demographics within the top metro areas seeing more home flips and here is what we found. According to ATTOM’s latest year-end home flipping report, U.S. single family homes and… Read More »
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… 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… Read More »
The biggest takeaway from ATTOM Data Solutions’ 2019 Year-End U.S. Home Sales Report was home seller profits nationwide hit a new high in 2019. That home price gain figure based on median purchase and resale prices was $65,500, up from $58,100 last year and up from $50,027 two years ago. Among the other high-level findings… Read More »
According to ATTOM Data Solutions’ just released 2019 Year-End U.S. Foreclosure Market Report, foreclosure filings were reported on 493,066 U.S. properties in 2019, down 83 percent from a peak of nearly 2.9 million in 2010 to the lowest level since tracking began in 2005. ATTOM’s annual year-end foreclosure report provides a unique count of properties… Read More »
ATTOM Data Solutions’ 2020 Rental Affordability Report just released reveals the split between different-sized markets, with home ownership more affordable mainly in lightly populated counties and renting more affordable in more populous suburban or urban areas. According to the analysis, owning a median-priced, three-bedroom home is more affordable than renting a three-bedroom property in 455,… Read More »
