Real Estate News – Recent Articles
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 »
Zoodealio Keeps Agents Competitive with ATTOM
It’s no secret that technology has changed the way homes are bought and sold. One of the biggest tech transformations has been the emergence of iBuyers – an investor or group of investors that instantly agrees to buy a house based on an algorithm. This has brought new opportunities to sellers, albeit at a price – namely, the homeowner’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 »
Top 10 ZIPS with Greatest Numbers of Lender Repossessions
According to ATTOM’s just released November 2022 U.S. Foreclosure Market Report, there were a total of 30,677 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions. That figure was up 57 percent from a year ago, but down 5 percent from the prior month. ATTOM’s latest foreclosure activity analysis... Read More »