Real Estate Trends
Real Estate 2024: The Three Keys To Watch
As the 2024 real estate market comes into view, there’s much for which to be thankful. Despite steep interest rates, little residential inventory, and falling sales, 2023 stood up fairly well. Indeed, it may provide a solid basis for the coming 12 months given that in the past year inflation cooled, home prices rose, and a new option may... Read More »
Top 10 U.S. Counties With Highest Wages Needed to Buy A Home in Q4 2023
ATTOM’s just released Q4 2023 U.S. Home Affordability Report revealed that median-priced single-family homes and condos remain less affordable in Q4 2023 compared to historical averages in 99 percent of counties analyzed. According to ATTOM’s latest home affordability analysis, the most recent trend continues a pattern dating back to 2021 of home... Read More »
Home Affordability Remains Difficult Across U.S. During Fourth Quarter Even As Prices Dip Downward
Major Home-Ownership Expenses Again Require One-Third of Average Wage Nationwide, a 16-Year High; Historical Affordability Also Stays at Worst Point Since 2007; But Both Measures End Nearly Three-Year Slide Amid Mixed Trends in Home Prices and Mortgage Rates IRVINE, Calif. – Dec. 21, 2023 —ATTOM, a leading curator of land, property, and real... Read More »
Home Flipping Activity Keeps Falling While Investor Profits Keep Rising Across U.S. In Third Quarter Of 2023
Flipping Rate Declines for Second Straight Quarter While Profit Margins Increase Again; Investment Returns Continue Rebounding from Two-Year Decline; Raw Flipping Profits Also Up, to High Point Since Middle of 2022 IRVINE, Calif. – Dec. 14, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its third-quarter... Read More »
Seasonal Influence Eases U.S. Foreclosure Activity, Marking Slight Decline
Completed Foreclosures Decrease 23 Percent from Last Month; Foreclosure Starts Increase Annually in TX, CA and FL IRVINE, Calif. — Dec. 12, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its November 2023 U.S. Foreclosure Market Report, which shows there were a total of 32,120 U.S. properties with... Read More »
A Deep Dive Into the Top 10 Most Vulnerable U.S. Housing Markets
According to ATTOM’s just released Q3 2023 Special Housing Risk Report, California, New Jersey and Illinois have the highest concentrations of housing markets most vulnerable to declines, based on home affordability, foreclosures, underwater mortgages and other measures in the third quarter. The report found that the biggest clusters are in the... Read More »