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Real Estate News – Recent Articles

Top 10 ZIPS with Highest Foreclosure Rates in Q1 and March 2024

Top 10 ZIPS with Highest Foreclosure Rates in Q1 and March 2024

According to ATTOM’s newly released Q4 and March 2024 U.S. Foreclosure Market Report, there were a total of 95,349 U.S. properties with foreclosure filings in the first quarter. That figure was up 3 percent from the previous quarter but down less than 1 percent from a year ago. ATTOM’s latest foreclosure activity analysis reported that nationwide... Read More »
U.S. Foreclosure Activity Increases Quarterly in Q1 2024

U.S. Foreclosure Activity Increases Quarterly in Q1 2024

Foreclosure Starts See Quarterly Increase of 2 Percent; Bank Repossessions Up 7 Percent from Previous Quarter  IRVINE, Calif. — April 11, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released its Q1 2024 U.S. Foreclosure Market Report, which shows a total of 95,349 U.S. properties with a foreclosure filing during... Read More »
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Unveiling ATTOM’s Propensity to Default Score: Navigating Mortgage Foreclosure Risks

Unveiling ATTOM’s Propensity to Default Score: Navigating Mortgage Foreclosure Risks

With February home foreclosure activity up 8% vs. a year ago, understanding a borrower’s willingness and ability to stay current on their mortgage and out of default becomes even more critical for mortgage lenders. While total foreclosures remain low by historic standards – 2023 saw 357,062 total foreclosure filings or 0.26% of all US housing... Read More »
Top 10 U.S. Counties with Highest Effective Property Tax Rates in 2023

Top 10 U.S. Counties with Highest Effective Property Tax Rates in 2023

According to ATTOM’s 2023 Property Tax Analysis for 89.4 million U.S. single family homes, there was a 6.9% surge in single-family home property taxes in 2023, reaching $363.3 billion.  The report states that this is nearly double the 3.6 percent growth rate of 2022 and represents the largest increase in the past five years. ATTOM’s latest... Read More »
Property Taxes on Single-Family Homes Up 7 Percent Across U.S. in 2023, to $363 Billion

Property Taxes on Single-Family Homes Up 7 Percent Across U.S. in 2023, to $363 Billion

Total Single-Family Taxes Levied Nationwide in 2023 Rise Twice as Fast as in 2022; Average Property Tax Up 4 percent, to $4,062, While Effective Rate Also Increases; Highest Effective Tax Rates Remain Clustered in Northeast and Midwest IRVINE, Cal. – Apr. 4, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released... Read More »
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The Value of Real-Time Assessor Data for Appraisals and Valuations

The Value of Real-Time Assessor Data for Appraisals and Valuations

As an appraiser, you need access to real-time, extensive property data in order to estimate a property’s value and provide more accurate valuations and appraisals. At ATTOM, we offer appraisers instant access to extensive assessor data on the housing market. Read on to find out how this data can help you when delivering property valuations and... Read More »
Home Affordability Improves Slightly Across U.S. During First Quarter but Remains Difficult for Average Workers

Home Affordability Improves Slightly Across U.S. During First Quarter but Remains Difficult for Average Workers

Major Home-Ownership Expenses Require Smaller Portion of Wages for Second-Straight Quarter; Historical Affordability Also Inches Upward; But Both Measures Remain Near Worst Levels in 15 Years as Home Prices Stay Close to All-Time Highs IRVINE, Calif. – Mar. 28, 2024 — ATTOM, a leading curator of land, property, and real estate data, today... Read More »