Real Estate Trends
ATTOM Webinar Summary: 2023 Housing Market Outlook
This ATTOM webinar, presented by Rick Sharga, EVP of Market Intelligence for ATTOM and Mike Simonsen, Founder and CEO of Altos Research, looks at key market indicators as we head into the new year, current housing market conditions, the state of the economy, and the latest data on sales prices, inventory, home affordability, the distressed market... Read More »
Top 10 U.S. Counties with Highest Wages Required for Homeownership
According to ATTOM’s just released Q3 2022 U.S. Home Affordability Report, median-priced single-family homes and condos are less affordable in Q4 2022 compared to historical averages in 99 percent of U.S. counties. The report notes that figure is far above the 68 percent of counties that were less affordable in Q4 2021. ATTOM’s latest home... Read More »
Home Affordability Worsens Across U.S. During Fourth Quarter of 2022 Despite Declining Home Prices
Major Home-Ownership Costs Consume 32 Percent of Average National Wage, Hitting 15-Year High; Portion of Wages Needed to Own Shoots Up as Rising Interest Rates Outweigh Falling Prices IRVINE, Calif. – Dec. 22, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its fourth-quarter 2022 U.S.... Read More »
Top 10 U.S. Counties with Highest Home Flipping Investment Returns
According to ATTOM’s newly released Q3 2022 U.S. Home Flipping Report, just 92,422 single-family homes and condos were flipped in the U.S. in the third quarter, representing 7.5 percent of all home sales. The report noted that portion was down from 8.2 percent in Q2 2022, but still up from 5.9 percent in Q3 2021. ATTOM’s latest home flipping... Read More »
Home Flipping Declines Again Across U.S. During Third Quarter Of 2022 As Investor Profits Hit 13-Year Low
Nationwide Home-Flipping Rate Drops for Second Straight Quarter; Typical Profit Margins on Flips Hit Lowest Point in 13 Years; Gross Profits on Home Flips Plummet at Fastest Pace Since 2009 IRVINE, Calif. – Dec. 15, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its third-quarter 2022... Read More »