Tag Archives: rick sharga

Home affordability stabilizes, but remains tough nearly everywhere

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It’s still expensive to buy a home in nearly every part of the country. But for most buyers since the start of July, things didn’t get worse, new data shows. Continue reading →

These 3 US states have the most vulnerable housing markets by far

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Three states alone accounted for 33 of the 50 most vulnerable markets in the second quarter, while the South and Midwest remained stable, according to new data from Attom. Continue reading →

Banks reclaim more properties in August as foreclosures tick upward

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Foreclosure notices have been on the rise in the past year, but actual bank repossessions remain scarce. That may be starting to change. Continue reading →

US foreclosure activity ticks down in July, sliding 4%, data shows

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Figures released Wednesday by Attom show a total of 30,358 properties with foreclosure filings in July. Despite the slight drop, foreclosure activity is still up 143 percent from the same time last year.  Continue reading →

After a decade of declines, foreclosure activity is on the rise

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Many loans would have been foreclosed if not for federal government protections enacted during the early days of the COVID-19 pandemic, according to a new report from Attom Data Solutions. Continue reading →

Making $67K? That’s no longer enough to buy the typical US home

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The second quarter of 2022 saw the affordability of the typical home purchase erode at the fastest pace in at least two decades. Continue reading →

Home flipper activity jumps, while profitability plummets

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Slowdown in bidding wars is “having a predictable impact on profit margins for investors,” said Rick Sharga, executive vice president of market intelligence from Attom, in the latest report. Continue reading →

Zombie foreclosures post 1st increase since moratorium’s end

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The number of vacant properties going through the foreclosure process is on the rise once again, even as fewer total properties lie vacant. Continue reading →

Price gains in ‘opportunity zones’ keep pace with national hikes

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Census tracts chosen for preferential tax treatment in 2017 tax bill are seeing prices rise, have attracted buyers priced out elsewhere. Continue reading →

Skyrocketing home prices diminish rental returns: Report

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The report found that three-quarters of counties where median home prices exceeded $250,000 saw declines in rental yields. Continue reading →