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Home Affordability Remains Difficult Across U.S. During Fourth Quarter Even As Prices Dip Downward

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

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 »
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Seasonal Influence Eases U.S. Foreclosure Activity, Marking Slight Decline

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

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 »
Housing Markets Facing Greater Risk Of Downturns Clustered In California, New Jersey And Illinois

Housing Markets Facing Greater Risk Of Downturns Clustered In California, New Jersey And Illinois

New York City and Chicago Areas Again Have Higher Concentrations of Markets More Exposed to Declines, Based on Third-Quarter Data; At-Risk Markets Have Weaker Foreclosure, Underwater and Job Measures; Less-Vulnerable Areas Mainly in South, Midwest and New England IRVINE, Calif. — Dec. 7, 2023 — ATTOM, a leading curator of land, property, and real... Read More »
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Top 10 U.S. Metros with Highest Down Payment Percent for Home Purchases

Top 10 U.S. Metros with Highest Down Payment Percent for Home Purchases

According to ATTOM’s Q3 2023 U.S. Residential Property Mortgage Origination Report, 1.54 million mortgages secured by residential property were issued in the U.S. in Q3 2023, representing a 3 percent decline from the prior three-month period. The report noted that drop-off marked the ninth decline in the last 10 quarters – a string broken only by... Read More »
Home-Mortgage Lending Declines Again Across U.S. During Third Quarter As Mortgage Rates Climb

Home-Mortgage Lending Declines Again Across U.S. During Third Quarter As Mortgage Rates Climb

Residential Loans Drop 3 Percent After Brief Second-Quarter Surge; Purchase and Home-Equity Lending Both Down 7 Percent Following Earlier Gains; But Refinance Activity Rises for Second Straight Quarter IRVINE, Calif. –  Nov. 30, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its third-quarter 2023 U.S.... Read More »