Real Estate News – Recent Articles
Top 10 U.S. Metros with Purchase Mortgage Originations on the Rise
ATTOM’s Q3 2024 U.S. Residential Property Mortgage Origination Report shows that during the third quarter, 1.67 million mortgages secured by residential properties (1 to 4 units) were issued in the United States, marking a modest increase of 1.9% both quarterly and annually.... Read More »
U.S. Mortgage Lending Rises in Q3 2024 Amid Refinancing Surge, But Remains Below Historic Highs
Residential Lending Grows Just 2 Percent Even as Rates Keep Declining; Refinance and Home-Equity Deals Rise While Purchase Loans Decrease IRVINE, Calif. – Nov. 21, 2024 — ATTOM, a leading curator of land, property data, and real estate analytics, today released its third-quarter 2024 U.S. Residential Property Mortgage Origination Report, which... Read More »
What Is an Automated Valuation Model (AVM)?
Automated valuation models (AVMs) provide instant property valuations. They are an algorithm-based tool based on mathematical formulas, property databases, and property characteristics. Used by homeowners, real estate professionals, underwriters, mortgage lenders, investors, and anyone who wants a quick property valuation, AVMs are available on... Read More »
Foreclosure Rates for All 50 States in October 2024
In October 2024, the U.S. housing market experienced a slight uptick in foreclosure activity, with 30,784 properties filing for foreclosure—marking a 4% increase from the previous month but an 11% decrease year-over-year. This nuanced trend shows foreclosure levels remain relatively low despite monthly rises. Foreclosure starts rose 6% from... Read More »
ATTOM Reveals Best Day to Buy a Home Based on Lowest Premium Above AVM
December 4th and November Offer 2024’s Lowest Homebuying Premiums IRVINE, Calif. — Nov. 14, 2024 —ATTOM, a leading curator of land, property data, and real estate analytics, today released its annual analysis highlighting the best days of the year to purchase a home. The report found that while November offers a 7.3 percent premium, it remains... Read More »