Here’s a quick summary of recent housing market reports that have come across the MBA NewsLink desk:
Tag: ATTOM
Foreclosure Starts Back at Pre-Pandemic Levels
ATTOM, Irvine, Calif., said foreclosures and foreclosure starts rose in August, reaching levels not seen since before the pandemic.
ATTOM: Steep Drop in Refinance Activity Drives 2nd Quarter Slump in Mortgage Lending
ATTOM, Irvine, Calif., reported 2.39 million mortgages secured by residential property in the second quarter, down 13 percent from the first quarter—the fifth quarterly decrease in a row—and down 40 percent from a year ago—the biggest annual drop since 2014.
Industry Briefs Aug. 23, 2022: Vice Capital Markets Releases API for Freddie Mac Cash Purchase Statement
Vice Capital Markets, Novi, Mich., released an integration for Freddie Mac’s Cash Settlement Purchase Statement application programming interface.
Rise in Foreclosures Sparks Uptick in ‘Zombie’ Properties
ATTOM, Irvine, Calif., said pre-foreclosure properties sitting vacant—“zombie properties”—increased by nearly 2 percent in the third quarter and by more than 2 percent from a year ago.
Housing Market Roundup Aug. 10, 2022: More Home Listings ‘Stale;’ Opportunity Zone Home Prices Lag
Here’s a quick roundup of housing market stories this week:
ATTOM: 2Q Home Seller Profits Surge
ATTOM, Irvine, Calif., said profit margins on typical home sales hit another record in the second quarter amid the fastest rise in home prices in more than a decade.
ATTOM: Foreclosure Activity Jumps 219% in 1st Half of Year
ATTOM, Irvine, Calif., said foreclosure starts jumped by 219 percent in the first six months of 2022, close to pre-COVID levels.
Housing Market Roundup, July 6 2022
Here is a summary of recent housing, market and economic reports that have come across the MBA NewsLink desk:
Rising Prices, Mortgage Rates Make Homeownership Unaffordable in Most Of U.S.
ATTOM, Irvine, Calif., said median-priced single-family homes and condos are less affordable in the second quarter compared to historical averages in nearly all U.S. counties.