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Real Estate Trends

U.S. Home-Sellers Experience Further Decline In Profits In Q1 2023

U.S. Home-Sellers Experience Further Decline In Profits In Q1 2023

Profit Margins on Typical Home Sales Nationwide Drop to Two-Year Low as Home Prices Remain Flat; Investment Returns Decline Quarterly by Five Points; Median Home Values Down Again in Most Markets IRVINE, Calif. – Apr. 27, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its first-quarter 2023 U.S. Home Sales... Read More »
Top 10 U.S. Metros with the Most Foreclosure Starts in March 2023

Top 10 U.S. Metros with the Most Foreclosure Starts in March 2023

According to ATTOM’s newly released Q1 2023 U.S. Foreclosure Market Report, there were a total of 36,617 U.S. properties with foreclosure filings in March 2023. That figure was up 19.95 percent from February 2023 and up 9.85 percent from March 2022. ATTOM’s latest foreclosure activity analysis found that nationwide in March 2023, one in every... Read More »
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U.S. Foreclosure Activity Continues To Climb In Q1 2023

U.S. Foreclosure Activity Continues To Climb In Q1 2023

Foreclosure Starts See an Annual Increase of 29 Percent; Bank Repossessions at Highest Level in Three Years IRVINE, Calif. — April 19, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its Q1 2023 U.S. Foreclosure Activity Report, which shows a total of 95,712 U.S. properties with a foreclosure filings during... Read More »
Top 10 U.S. Housing Markets Where Wages Are Outpacing Home Prices

Top 10 U.S. Housing Markets Where Wages Are Outpacing Home Prices

According to ATTOM’s recently released Q1 2023 U.S. Home Affordability Report, the mixed picture facing home buyers – prices remaining a financial stretch but getting a bit more affordable – reflects a softening of the U.S. housing market combined with rising wages, at a time when home-mortgage rates have stabilized following a year of increases.... Read More »
Top 10 U.S. Counties with Highest Effective Property Tax Rates in 2022

Top 10 U.S. Counties with Highest Effective Property Tax Rates in 2022

According to ATTOM’s 2022 Property Tax Analysis for 87 million U.S. single family homes, $339.8 billion in property taxes were levied on single-family homes in 2022. That figure is up 3.6 percent from $328 billion in 2021, and more than double the 1.6 percent growth last year; although smaller than the 5.4 percent increase the prior year. ATTOM’s... Read More »
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Total Property Taxes On Single-Family Homes Up 4 Percent Across U.S. In 2022, To $340 Billion

Total Property Taxes On Single-Family Homes Up 4 Percent Across U.S. In 2022, To $340 Billion

Total Single-Family Taxes Levied Nationwide in 2022 Rose Twice as Fast as in 2021; Average Property Tax Amount Up 3 percent, to $3,901, While Effective Rate Dips Slightly; Highest Effective Tax Rates in New Jersey, Illinois, Connecticut, Vermont and Nebraska IRVINE, Calif. – April 6, 2023 — ATTOM, a leading curator of land, property, and real... Read More »
Top 10 U.S. Counties with Largest Quarterly Decreases in Portion of Wages Needed for Homeownership

Top 10 U.S. Counties with Largest Quarterly Decreases in Portion of Wages Needed for Homeownership

According to ATTOM’s Q1 2023 U.S. Home Affordability Report, median-priced single-family homes and condos are less affordable in Q1 2023 compared to historical averages in 94 percent of U.S. counties analyzed. That figure is far above the 62 percent of counties that were historically less affordable in Q1 2022. ATTOM’s latest home affordability... Read More »