Tag Archives: Attom

Nearly 1 out of every 10 homes sold in Q1 was flipped: Report

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Home-flipping activity remained high during the first three months of the year after a sharp drop. Profits also rose slightly, according to property data firm Attom. Continue reading →

Want to buy a home? It’ll cost you $1,030 a month more than renting

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The premium for buying a home is now 17 percent higher than it was a year ago thanks to high interest rates and stubborn home prices, according to John Burns Real Estate Consulting. It might push the rent even higher. Continue reading →

Market slowdown is ‘chipping away’ at homeowner wealth: Attom

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The share of homes that were worth at least 50 percent more than their mortgage fell for the second straight quarter. Still, there are few homes facing foreclosure, according to the latest report from Attom. Continue reading →

It’s getting harder to make money on a home sale: ATTOM

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A report out Thursday shows that profit margins on home sales have fallen dramatically since their high points last year. In the first quarter of 2023, the profit margin on a median-priced U.S. home was 44.2 percent. Continue reading →

In reversal from 2021, it costs more to buy than rent in 95% of US

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Last year, it was more expensive to rent than own. High home prices and mortgage rates that doubled in 2022 changed that, according to a new report from property data firm Attom. Continue reading →

Foreclosure activity doubled in 2022 but remains historically low

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While the nation continues moving away from the pandemic-era lows, it’s doing so very slowly and well below rates seen during the Great Recession. Continue reading →

Counties at greatest risk for housing market declines: Report

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The data does not suggest a steep drop in home prices is imminent, according to the report, but shows that different areas are facing lower and more elevated levels of risk as the U.S. economy remains in an uncertain area. Continue reading →

Investor activity plunged at rates similar to the Great Recession in Q3

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The slowdown was most dramatic in COVID boomtowns like Las Vegas and Phoenix, according to a new analysis released Tuesday by Redfin, which examined real estate investment activity in 40 metros. Continue reading →

Homes near Trader Joe’s get top dollar. But investors should eye Aldi

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Homes near a Whole Foods or Trader Joe’s boast higher values, but those near an Aldi grocery store offer something for real estate investors the others can’t, according to data from Attom. Continue reading →

Prices may be dropping, but homes still have loads of equity

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As prices began to fall, home equity held strong. Even the most distressed properties held positive equity in the third quarter of 2022, according to a new report from Attom. Continue reading →