Prices rose in 64% of opportunity zones during first quarter
Although the first quarter saw an overall increase in median home prices in a majority of opportunity zones, Attom Data Solutions noted that those numbers do not yet reflect the full effect of the COVID-19 pandemic on the market
by Lillian Dickerson May 13
26% of all mortgaged homes were equity-rich in first quarter
Roughly one-quarter, or 26.5%, of the 54.7 million mortgaged homes in the U.S. were equity-rich in Q1 2020, according to Attom Data Solutions' Q1 2020 U.S. Home Equity & Underwater Report
Sellers earn average price gain of $67,100 in first quarter
The first quarter of 2020 made a strong showing for homesellers, but the data does not yet reflect the full impact of the COVID-19 pandemic on the market
by Lillian Dickerson Apr 29
Foreclosure activity continues to decline in March
61% of US markets saw foreclosure activity drop below pre-recession levels last month, but the numbers come with 'a huge caveat'
by Lillian Dickerson Apr 15
US property taxes increased to $306.4B in 2019
The total property taxes levied on single-family homes last year increased by 1% from 2018, the smallest increase in the past three years
Northeast markets most susceptible to impacts of coronavirus
Counties in the Northeast and Florida are at the greatest risk of taking the biggest hit to the housing market in the wake of the pandemic
Foreclosure activity hits lowest point in 15 years
There were a total of 48,004 properties with foreclosure filings in February 2020, the lowest number since Attom began tracking the data in April 2005
Home affordability modestly improves in first quarter of 2020
Median home prices were still unaffordable for 66 percent of U.S. counties in Q1 2020, but that number decreased from 70.4% in Q4 2019
by Lillian Dickerson Mar 25
Refis up 104% year-over-year
Residential refinance mortgages more than doubled in Q4 2019, bringing them to their highest point in nearly 7 years, according to new data from Attom Data Solutions
by Lillian Dickerson Mar 19
Rental returns decreased in 59% of counties over the last year
The average annual gross rental yield thus far for 2020 is also down to 8.4% from an average yield of 8.6% in 2019
by Lillian Dickerson Mar 11
Flipped home sales rose in 2019, but profits dropped
House flips reached their highest point since 2006 last year, but the business of home flipping saw its worst year since the Great Recession, with returns hitting an 8-year low
Vacant zombie foreclosures see modest uptick in Q1
The number of vacant homes in foreclosure increased by about 0.1 percent since Q4 2019, according to a report by Attom Data Solutions
by Lillian Dickerson Feb 26
Home prices increase in almost half of opportunity zones
A new report from Attom Data Solutions shows that 47 percent of qualified opportunity zones saw median home prices rise more than the national increase of 9.4 percent year-over-year
by Lillian Dickerson Feb 19
Americans are staying in their homes longer
Homeowners, especially those in Connecticut, are staying in their homes longer and reaping the benefits of a more robust home price appreciation
Despite softening home price growth, it's still a seller's market
Homeseller profits increased for three years in a row, rising to $65,500 in 2019
by Marian McPherson Jan 22