Top 10 Counties with the Largest Quarterly Increase in Affordability Indexes in Q3 2024
According to ATTOM’s Q3 2024 U.S. Home Affordability Report median-priced single-family homes and condos are still less affordable compared to historical norms in 99 percent of counties with sufficient data. This trend, observed since 2022, reflects a persistent...
Home Ownership Slightly More Affordable Across U.S. in Third Quarter but Still Difficult for Average Workers
Major Home-Ownership Expenses Consume 34 Percent of National Average Wage; Portion Ticks Downward as Home-Price Spike Eases and Mortgage Rates Drop; Historical Affordability Also Inches Up While Remaining Weak IRVINE, Calif. – Sept. 26, 2024 — ATTOM, a leading...
The AI Trifecta for Real Estate – Algorithms, APIs, and Quality Data
Seemingly overnight, artificial intelligence is everywhere. Generative AI writing tools promise to write your first best-seller for you, and Callaway’s Paradym AI-assisted Smoke Max Driver will guarantee you a trophy at your next golf tournament. With such lofty...
Top 10 U.S. Metros with Highest Annual Percentage Increases in Home Flipping Returns in Q2 2024
According to ATTOM’s Q2 2024 U.S. Home Flipping Report, in the second quarter of 2024, 79,540 single-family homes and condominiums were flipped in the United States. These transactions accounted for 7.5 percent, or about one in every 13 home sales, during the period...
Home Flipping Activity Dips Slightly While Profits Inch Up Across U.S. in Second Quarter of 2024
Flipping Rate Follows Usual Springtime Downward Track While Profits Keep Moving Slowly Higher; Investment Returns Still Hovering Around Modest 30 Percent Level Nationwide; Typical Raw Flipping Profit Rises Close to $75,000 IRVINE, Calif. – Sept. 19, 2024 — ATTOM, a...