New reports present a mixed bag on U.S. foreclosures, with CoreLogic, Irvine, Calif., reporting a new low in foreclosure rates, while ATTOM, Irvine, reported an uptick in foreclosure activity.
Tag: ATTOM
1Q Mortgage Lending Activity Sees Sharpest Decline in 8 Years
ATTOM, Irvine, Calif., said overall residential lending activity fell in the first quarter at an annual rate of 32 percent, marking the sharpest decline in eight years.
‘Zombie’ Properties Increase Amid Jump in Foreclosure Activity
ATTOM, Irvine, Calif., said residential properties in the process of foreclosure rose by nearly 13 percent in the second quarter and by nearly 16 percent from a year ago.
Home Values in ‘Opportunity Zones’ Keep Pace with National Gains
Home values in federal and state Opportunity Zone Redevelopment Areas—the controversial zones created in 2017 to spur economic development—are keeping up with nationwide home values, reported ATTOM, Irvine, Calif.
Single-Family Rental Sector Gains Momentum Even as Returns Slip
The single-family rental sector gained momentum in the first quarter, even as profit margins declined, analysts reported.
Nearly Half of U.S. Homeowners Equity-Rich
ATTOM, Irvine, Calif., reported 44.9 percent of mortgaged residential properties in the United States were considered equity-rich in the first quarter, up by more than 15 percent from just a year ago.
ATTOM: April Foreclosures Down 8% Monthly, Up from Year Ago
ATTOM, Irvine, Calif., reported properties with foreclosure filings in April fell by 8 percent from March but jumped by 160 percent from a year ago. Completed foreclosures, meanwhile, fell by 36 percent from March.
Spring, Summer Best Time to Sell Home
May, June and July offer home seller premiums of 10 percent or more above market value–with the top 15 best days to sell occurring in the month of May alone–reported ATTOM, Irvine, Calif.
Spring, Summer Home Sales Yield Best Days of the Year to Sell A Home
May, June and July offer home seller premiums of 10 percent or more above market value–with the top 15 best days to sell occurring in the month of May alone–reported ATTOM, Irvine, Calif.
News Briefs From ATTOM, First American Financial Corp.
ATTOM, Irvine, Calif., launched the ATTOM Rental AVM (Automated Valuation Model). The new software, built from the foundation of the company’s nationwide property database, provides rent estimates for more than 72 million single-family residences nationwide.