Real Estate Trends
Family Tree of Hottest Homebuyer Last Names in 2017
Home sales nationwide decreased 4 percent in 2017 compared to 2016, but sales to buyers with last names of Lin, Zhang, Wu, Liu and Huang increased by more than 20 percent while sales to buyers with last names of Burns, Porter, Jenkins and Cole decreased by 15 percent or more, according to a new ATTOM Data Solutions analysis of homebuyer surnames... Read More »
Americans Departing High-Priced Housing Markets for More Affordable Alternatives (Infographic)
Median home prices in Q1 2018 were not affordable for average wage earners in 304 of 446 U.S. counties (68 percent) analyzed in the most recent home affordability report from ATTOM Data Solutions, and on average across those 446 counties an average wage earner would need to spend 37.2 percent of his or her wages to buy a median-priced home. We... Read More »
U.S. Foreclosure Activity Down for 31st Consecutive Month in April
IRVINE, Calif. – May 16, 2018 – ATTOM Data Solutions, curator of the nation’s premier property database, today released its April 2018 foreclosure activity (granular geo level data now available upon request). Nationally there were a total of 64,183 U.S. properties with foreclosure filings in April 2018, down 14 percent from the previous... Read More »
Where Are Institutional Investors Buying up Real Estate?
In Q1 2013 institutional investors (residential property sales to non-lending entities that purchased at least 10 properties in a calendar year) were at the peak of their game, accounting for 8.9 percent of all home sales. However, according to the latest ATTOM Data Solutions quarterly home sales report the percent of home sales to institutional... Read More »
To Finance or Not to Finance Home Flips (Infographic)
Nearly 35 percent of all homes flipped in 2017 were purchased by the flipper with financing, a nine-year high, according to ATTOM Data Solutions. While financing flips may be attractive given that — in theory — it allows investors to leverage their capital to get a better return and do more flips, that theory does not quite work out according to... Read More »