Items Tagged with 'ATTOM DATA SOLUTIONS'

ARTICLES

  • ATTOM: Lending for home flipping climbs to 11-year high in 2018

    However, home flipping is expected to slow down as mortgage rates cool off
    Throughout 2018, home flip lending volume rose by 8%, coming in at an 11-year high, according to ATTOM Data Solutions' latest U.S. Home Flipping Report. ATTOM Data Solutions Chief Product Officer Todd Teta said with mortgage rates remaining strong and people staying in their homes longer, we have started to see a bit of a flipping slowdown.
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  • American homeownership tenure is climbing

    What does this mean for the housing market?
    Americans are remaining in their homes longer than ever before, and recent data indicates that homeownership tenure has risen 10% just from 2017. But why are homeowners staying put and what does that mean for the housing market's future?
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  • CoreLogic: Home prices will rise in 2019

    American home prices to rise by almost 5% come September 2019
    In 2018, the principal-and-interest mortgage payment on the median-priced home climbed by more than 16%, according to the latest data from CoreLogic. The company reports that although the median home price rose by less than 6% over the past year, prospective buyers are in for a rude awakening come 2019.
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  • Housing affordability retreats in fourth quarter

    The average homeowner will spend 35% of their income when purchasing a home
    In the fourth quarter of 2018, the median home price reached the least affordable level since the third quarter of 2008, according to ATTOM Data Solutions. ATTOM Senior VP Daren Blomquist said while poor home affordability continues to cloud the U.S. housing market, there are silver linings in the local data as home price appreciation falls more in line with wage growth.
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  • With foreclosures dwindling, investors turn to direct buyers for new single-family rentals

    Direct buyers offer inventory as other sources dry up
    In the wake of the housing crisis, institutional investors became some of the biggest buyers of foreclosed homes, buying the properties on the cheap and turning them into single-family rentals. Now, with foreclosure inventory shrinking, investors are turning to a new outlet to buy homes to turn into rentals – direct buyers.
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