Home Sales & Prices
Finding Real Estate Deals When Distress Dries Up
Interest in foreclosures is heating up in 2017 even as the foreclosure market dries up. “The REOs that come on, they are not that far off from the traditional stuff. Back in 2007 you were getting 20 percent off the actual value. … Now you have them selling for 5 percent off, if that,” said Leland DiMeco, owner and principal... Read More »
U.S. Residential Loan Origination Dollar Volume Drops to Three-Year Low in Q1 2017
Refinance Originations at More Than 10-Year Low, Purchase Originations at Three-Year Low; Non-Married Co-Borrowers Account for Nearly 22 Percent of Single Family Purchase Loans IRVINE, Calif. – May 25, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q1 2017 U.S.... Read More »
Seriously Underwater Properties Down 1.2 Million From a Year Ago in Q1 2017, Equity Rich Properties Increase 1.4 Million
Cleveland, Las Vegas, Akron Post Highest Share of Seriously Underwater Properties; San Jose, San Francisco, Honolulu Post Highest Share of Equity Rich Properties IRVINE, Calif. — May 4, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q1 2017 U.S. Home Equity &... Read More »
Home Sellers Realized Average Price Gain of $44,000 in First Quarter of 2017, Highest Since Q3 2007
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 »
The Densification of La La Land
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 »