ATTOM: 2023 Home Selling Profits Still High, but Drop for First Time Since 2011
ATTOM, Irvine, Calif., released its Year-End 2023 U.S. Home Sales Report, highlighting that home sellers garnered $121,000 in profit on a typical home, and a 56.5% return on investment, in 2023.
Fannie Mae’s Tim McCallum Discusses 2024 Expectations: #MBAIMB24
NEW ORLEANS--Tim McCallum, senior vice president and head of single-family business account management at Fannie Mae, sees more optimism in the market today than in recent months.
ICE ‘First Look’ for December: Foreclosure Starts at 18-Month Low
Intercontinental Exchange Inc., Atlanta, released its “first look” at mortgage performance data for December, noting that at 24,000, foreclosure starts marked an 18-month low in new activity. Total active foreclosures are the lowest since March 2022, and 25% below pre-pandemic levels.
