Items Tagged with 'Attom Data Solutions'

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  • Fewer Americans are filing for foreclosures

    February marks 8th consecutive month of annual decrease in foreclosure activity
    There was a moderate drop in foreclosures in February, according to ATTOM Data Solutions' latest Foreclosure Market Report. According to ATTOM's analysis, there was a 3% decline from the previous month and an 11% year-over-year decrease from 2018.
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  • These are the best counties to buy single-family rentals

    Average annual gross rental inches forward to 8.8% in Q1
    Single-family rental purchases inched forward in the first quarter of 2019, according to ATTOM Data Solutions' latest Single-Family Rental Market report. ATTOM Data Solutions Chief Product Officer Todd Teta said buying single-family homes to rent them out is a better deal for investors in 2019 than housing was during the same time in 2018.
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  • America's equity-rich properties increase to record high

    More than 14.5 million U.S. properties were rich with equity in Q4
    More than 14.5 million U.S. properties were rich with equity in the fourth quarter of 2018, according to new report from ATTOM Data Solutions. ATTOM's Chief Product Officer Todd Teta said with homeowners staying put longer, homeownership equity will most likely continue to strengthen.
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  • Home prices are rising faster than wages in 80% of U.S. markets

    New ATTOM report shows renting is cheaper option in the majority of metros
    Climbing home prices and less than significant increases in wage growth have contributed to renting becoming a more affordable option for Americans, according to ATTOM Data Solutions' latest Rental Affordability Report. In fact, ATTOM points out that home prices are rising faster than wages in 80% of U.S. markets.
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  • Number of equity-rich properties soars to new high

    14.5 million mortgaged properties have 50% or more equity
    The number of mortgaged properties in the U.S. that are equity-rich has soared to 14.5 million – a new high, according to the latest report from ATTOM Data Solutions. The report shows that 25.7% of all properties with a lien are equity-rich, meaning the homeowner has at least a 50% equity stake.
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  • ATTOM: Foreclosure activity falls to lowest level since 2005

    Only 177,146 U.S. properties listed as foreclosures
    There was a significant decrease in foreclosures at the end of the third quarter of 2018, according to ATTOM Data solutions latest Foreclosure Market Report. Notably, only 177,146 U.S. properties were listed as foreclosures, marking a nearly 13-year low.
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  • Mixed mortgage news: Refis fall to four-year low, but purchases climb sharply

    Total originations actually rise 15% in second quarter
    The signs were all there. It was clear that refinance originations were trending down as interest rates rose, but it’s still striking to see the results in black and white. According to newly released data from ATTOM Data Solutions, refinance originations fell to a four-year low during the second quarter, thanks to increases in interest rates.
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  • One in four homes are now equity rich

    Homeowners in California, Hawaii and Washington have the most equity
    Nearly a quarter of U.S. properties with mortgages are equity rich, according to a recent report from ATTOM Data Solutions. The Western region led the charge with the highest percentage of equity-rich properties, as four out of the top five metros with the highest percentages were in California.
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  • Foreclosure filing activity down nationwide

    But some local markets show an uptick
    Foreclosures in the first half of 2018 are far below the peak of 1.6 million in 2010, but 40% of local markets showed an uptick in foreclosure starts, prompting one expert to blame loosening lending standards.
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  • HELOC use is on the rise

    More Americans are tapping their home equity
    For most homeowners, a good portion of their money is tied up in their house. But a sizable number are no longer content to sit on that nest egg and watch it grow. They want cash – now – and they’re tapping their home equity to get it.
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