ATTOM, Irvine, Calif., said overall mortgage loan activity fell by 8 percent in the third quarter—the second straight quarterly decrease—as refinance volume faded amid rising interest rates.
Tag: ATTOM
Industry Briefs Nov. 17, 2021: nCino to Acquire SimpleNexus for $1.2 Billion
nCino, Wilmington, N.C., announced it will acquire SimpleNexus, Lehi, Utah, for $1.2 billion.
3Q Equity-Rich Properties Soar to New Highs
ATTOM, Irvine, Calif., said a record 39.5 percent of mortgaged residential properties in the United States were considered equity-rich in the third quarter.
Seller Profits Increase Across U.S.
ATTOM, Irvine, Calif., said profit margins on median-priced single-family home and condo sales jumped to 47.6 percent–the highest level since Great Recession ended a decade ago.
4th Quarter ‘Zombie’ Foreclosures Decline, But Possible Increase Looms
ATTOM, Irvine, Calif., released its fourth-quarter Vacant Property and Zombie Foreclosure Report, showing 1.3 million residential properties in the United States sit vacant, representing 1.3 percent, or one in 75 homes, in the U.S.
Housing Market Roundup: Oct. 25 2021
While we were in San Diego last week for the MBA Annual Convention & Expo, a number of housing reports came across the MBA NewsLink desk that we didn’t get a chance to cover. Here’s a quick summary of those reports:
Housing Market Roundup Oct. 7, 2021
Here’s a summary of current housing market reports that came across the MBA NewsLink desk:
Home Affordability Slips Again
ATTOM, Irvine, Calif., reported median-priced single-family homes are less affordable compared to historical averages in 75 percent of counties across the nation with enough data to analyze.
Home Flipping Up, But Profits at 10-Year Low
ATTOM, Irvine, Calif., issued its second-quarter U.S. Home Flipping Report, showing an increase in flipping activity during the quarter but a drop in profit margins.
Foreclosure Activity Increases after Moratorium Ends
Foreclosure activity increased significantly in August after the federal foreclosure moratorium ended July 31, reported ATTOM, Irvine, Calif.