Real Estate Trends
Homeownership Still Unaffordable Across Most of U.S. But Declining Home Prices May Provide Relief for Homebuyers
Major Home-Ownership Costs Require 30 Percent of Average National Wage in Third Quarter of 2022; But Portion of Wages Needed for Home Ownership Dips as Home Prices Decrease Quarterly, to $340,000; Historic Affordability Remains Worse Than Average Almost Everywhere Across Nation IRVINE, Calif. – Sept. 29, 2022 — ATTOM, a leading curator of real... Read More »
Top 10 U.S. Counties with Highest Home Flipping Profits in Q2 2022
Top 10 U.S. Counties with Highest Home Flipping Profits in Q2 2022 According to ATTOM’s newly released Q2 2022 U.S. Home Flipping Report, there were 115,198 single-family houses and condominiums flipped in the U.S. in the second quarter, representing 8.2 percent of all home sales. The latest portion of homes flipped was down from 9.7 percent in... Read More »
Home Flipping Dips Across U.S. During Second Quarter of 2022 While Profits Grow
Nationwide Home-Flipping Rate Declines Following Year of Increases; Raw Profits on Home Flips Jump to New High; Typical Profit Margins on Flips Reverse Extended Downturn but Remain Low IRVINE, Calif. – Sept. 22, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its second-quarter 2022 U.S.... Read More »
Top States with Counties Most Vulnerable to Housing Market Declines
ATTOM’s newly released Q2 2022 Special Housing Risk Report shows that New Jersey, Illinois and inland California continued to have the highest concentrations of the most-at-risk markets in the second quarter. According to the report, the biggest clusters were in the New York City and Chicago areas, while the Southern and midwestern states... Read More »
California, New Jersey and Illinois Again Dominate List of Vulnerable Housing Markets
Chicago and New York City Areas Remain Most Exposed to Potential Downturns in Second Quarter of 2022; Other More-At-Risk Markets Scattered Around Nation; Less Vulnerable Areas Spread Over South, Midwest and Northeast IRVINE, Calif. — Sept. 15, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data, today... Read More »