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Rising Prices and Mortgage Rates Make Homeownership Unaffordable Across Most of the U.S.

Rising Prices and Mortgage Rates Make Homeownership Unaffordable Across Most of the U.S.

Nearly One-Third of Average Wages Required for Major Home-Ownership Expenses During Second Quarter of 2022; Portion of Wages Consumed by Home Ownership Rises at Fastest Pace This Century; Historic Affordability Plummets to 15-Year Low as Median Home Price Hits $349,000 and Mortgage Rates Top 5 percent IRVINE, Calif. – June 30, 2022 — ATTOM, a... Read More »
Neozips Utilizes ATTOM to Help Investors Make Informed Buying Decisions

Neozips Utilizes ATTOM to Help Investors Make Informed Buying Decisions

Overseas investment is no small feat. After all, when you’re unfamiliar with an area’s geography, deciding where to buy can feel nothing short of overwhelming and navigating a foreign buying process can seem insurmountable. However, Neozips, a new proptech platform, aims to streamline the investment process for Korean investors. They’re... Read More »
Top 10 U.S. Counties with Highest Home Flipping Rates in Q1 2022

Top 10 U.S. Counties with Highest Home Flipping Rates in Q1 2022

According to ATTOM’s just released Q1 2022 U.S. Home Flipping Report, the home flipping rate in the first quarter was at the highest level since at least 2000, with single-family home and condo flips representing 9.6 percent of all home sales. The report noted that figure was up from 6.9 percent in Q4 2021 and 4.9 percent in Q1 2021. ATTOM’s... Read More »
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Home Flipping Spikes Across U.S. in First Quarter of 2022 But Profits Drop to 13-Year Low

Home Flipping Spikes Across U.S. in First Quarter of 2022 But Profits Drop to 13-Year Low

Nationwide Home-Flipping Rate Jumps to Highest Level This Century; Raw Profits on Home Flips Increase for First Time Since 2020; But Typical Profit Margins on Flips Decline Again, to Lowest Point Since 2009 IRVINE, Calif. – June 23, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its... Read More »
New Jersey, Illinois and California Have Highest Concentration of Vulnerable Housing Markets

New Jersey, Illinois and California Have Highest Concentration of Vulnerable Housing Markets

Chicago and New York City Areas Most Exposed to Downturns in First Quarter of 2022; East Coast, Midwest and Inland California Have Other At-Risk Markets; South Region Less Vulnerable IRVINE, Calif. — June 22, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released a Special Housing Risk Report... Read More »