Average Homeownership Tenure Backs Off Record High in Q4 2016, Still Up From Year Ago; Distressed Sale Share Declines Annually for 23rd Consecutive Quarter Median Prices Above Pre-Recession Peaks in 54 Percent of Markets IRVINE, Calif. – April 27, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced... Read More »
For John Gomez the best predictor of an emerging Los Angeles housing bubble isn’t buried in esoteric economic numbers or arcane housing statistics; it’s what other real estate investors are willing to pay for bottom-of-the-barrel homes in his local market of Norwalk. “Yesterday I went on Auction.com. A trashed house in Norwalk,... Read More »
U.S. Affordability Index Drops to a More Than 8-Year Low Despite Annual Wage Growth Outpacing Home Price Growth in 53 Percent of Local Markets IRVINE, Calif. – March 30, 2017 — ATTOM Data Solutions, curator of the nation’s largest fused property database, today released its Q1 2017 U.S. Home Affordability Index, which shows... Read More »
Housing prices may be appreciating at a seemingly unsustainable rate once again in some markets around the country, but Christopher Thornberg believes the nation’s economic fundamentals will continue to be much more sound in 2017 than when the market began to implode back in 2005. “There’s no housing bubble. Not even... Read More »
Home Values, Long Term Appreciation Lower in High Risk Zip Codes; Underwater Rates, Share of Cash Sales Higher In High Risk Zip Codes IRVINE, Calif. – Feb. 16, 2017 — ATTOM Data Solutions, curator of the nation’s largest fused property database, today released its third annual Environmental Hazards Housing Risk Index, which... Read More »
Number of Equity Rich U.S. Properties Increases by 1.3 Million Compared to a Year Ago; But Equity Lost During Downturn Helping to Keep Average Homeownership Tenure Elevated at Nearly Twice Pre-Recession Levels; IRVINE, Calif. — Feb. 9, 2017 — ATTOM Data Solutions, curator of the nation’s largest fused property database, today... Read More »
But Share of Foreclosure Auctions Going to Third-Party Buyers at Record High; U.S. Home Sellers in 2016 Realized Biggest Average Profits Since 2007; 44 Percent of Markets Reached New All-Time Home Price Peaks in 2016 IRVINE, Calif. – Feb. 2, 2017 — ATTOM Data Solutions, curator of the nation’s largest fused property database,... Read More »