Foreclosures are on the rise. Here’s how to lean into the shift and develop a new income stream

With foreclosure activity ticking upward, agents can learn from seasoned REO pros to build new streams of income during an economic downturn, Annette DeCicco writes. Continue reading

What are the riskiest housing markets in the US? New data provide answers

Metro areas in the southern and western U.S. dominate the nation’s riskiest markets. That’s according to new Attom data on home prices, underwater mortgages, foreclosures and more. Continue reading

Foreclosures were up 9% year over year in May: ATTOM

States with the highest foreclosure rates in May included Delaware, Florida, Illinois and Indiana. ATTOM’s CEO described the situation as “a mixed picture.” Continue reading

Median price up in 49% of Opportunity Zones: ATTOM

ATTOM released its 2024 report on sales activity in Opportunity Zones around the country, finding it tracks closely to typical markets. Continue reading

More US mortgages are ‘seriously underwater’ as equity dwindles

The share of seriously underwater mortgages moved up slightly from 2.6 percent to 2.7 percent in the first quarter, according to a report from Attom released Thursday. Continue reading

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

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

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

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

Attom Data Solutions adds transportation noise data to offerings

The new data set will include noise scores for roads, highways, airports, railroads and railroad crossings, and fire stations. The product will also summarize a location’s overall noise environment. Continue reading

Attom Data Solutions launches national building permit database

Attom Data Solutions’ building permit database includes information for more than 200 million residential and commercial properties in the United States. Continue reading

Bombshell NAR lawsuit: How much did sellers pay in buyer-side commission?

A recently filed lawsuit against NAR, among other big industry players, alleges that NAR-member agents, along with many of the country’s various multiple listing services, colluded to inflate Realtor commissions. Here’s a look at the commission numbers… Continue reading