Items Tagged with 'Attom Data Solutions'

ARTICLES

  • ATTOM: Foreclosure activity climbs slightly in August, but is still down 24% from last year

    Foreclosure starts increased as well
    Foreclosure activity increased slightly in August, but is still down nearly 25% from last year, according to new data from ATTOM Data Solutions. ATTOM's report shows that there were 53,007 properties with foreclosure filings in August 2019, up 4% from July 2019 but down 24% from a year ago.
    Read More
  • ATTOM: Opportunity Zones have median home prices below national level

    Almost half of homes are below the national average
    Much of the discussion thus far surrounding Opportunity Zones has been around investment in commercial or multifamily real estate, but what about residential real estate in those areas? A study from ATTOM Data Solutions shows that 80% of Opportunity Zones were found to have median home prices that were below the national figure of $266,000. Half had median prices less than $150,000.
    Read More
  • ATTOM: Number of zombie foreclosures has been cut in half since 2016

    Improved economy, tighter lending standards lead to fewer abandoned homes
    At the height of the housing crisis, tens of thousands of homes were abandoned during the foreclosure process, with many borrowers simply walking away from homes because they had nothing to lose financially on their homes. But a new report from ATTOM Data Solutions shows that the number of zombie foreclosures has decreased dramatically in the last few years.
    Read More
  • Here are the top 10 best and worst places to flip a house

    WalletHub ranks flipping potential by city
    House flipping might be considered a risky investment, but more daring homeowners are taking it on in the hopes of raking in the cash. A recent WalletHub study ranked cities based on market potential, renovation and remodeling costs, and quality of life to determine the best and worst places to flip a home.
    Read More
  • U.S. homeowners have never stayed put for this long

    Average tenure reaches record high
    American homeowners are staying put longer than ever before, with the average tenure reaching a record high of 8.09 years in the second quarter of 2019. This stands in stark contrast to the years leading up to the recession, as tenure from 2001-2007 averaged just 4.21 years. Here's why homeowners may be holding off on a move, and what it might mean for the market.
    Read More
  • Average home seller saw 34% return on their investment in Q2

    Pocketed $67,500 from their home's sale
    Homes may be appreciating more slowly than before, but homeowners are still rolling in the equity, realizing significant returns when they opt to sell. On average, home sellers saw a 33.9% return on their investment in the second quarter of 2010. That translates to a $67,500 profit on the sale of their home, according to the latest report from ATTOM Data Solutions.
    Read More
  • Median home price climbs to all-time high

    Average single-family residence sold for $266,000 in Q2
    The median price of single-family homes in the U.S. has climbed to a record high, reaching $266,000 in the second quarter. That’s up 10.8% from the previous quarter and up 6.4% from a year ago, according to the latest from ATTOM Data Solutions.
    Read More
  • Median-priced homes remain unaffordable for average earners in most cities

    Home prices continue to outpace wages in 40% of markets
    Affordability issues continue to plague the nation’s housing market, and it appears the situation is only getting worse. The latest report from ATTOM Data Solutions shows that the median-priced home is too expensive for the average earner in 74% of U.S. markets. That’s up 3% from last quarter.
    Read More