ATTOM: Home Profits Take Unusual 2Q Dip

ATTOM, Irvine, Calif., said profit margins for home sellers took an unusual dip in the second quarter but still were far above where were they were a year earlier.

Homeowner Equity ‘Surges’ During Second Quarter

ATTOM, Irvine, Calif., found 34.4 percent of mortgaged residential properties in the United States were considered “equity-rich” in the second quarter, up from 27.5 percent a year before.

ATTOM: Home Profits Take Unusual 2Q Dip

ATTOM, Irvine, Calif., said profit margins for home sellers took an unusual dip in the second quarter but still were far above where were they were a year earlier.

ATTOM: Home Profits Take Unusual 2Q Dip

ATTOM, Irvine, Calif., said profit margins for home sellers took an unusual dip in the second quarter but still were far above where were they were a year earlier.

Industry Briefs July 26, 2021

NotaryCam, Newport Beach, Calif., partnered with RUTH RUHL P.C., a Texas-based law firm, to add security and automation to the firm’s loss mitigation services through remote online notarization.

People in the News July 22, 2021

Evolve Mortgage Services, Frisco, Texas, hired Tim Anderson as executive vice president and director of eMortgage strategy, to oversee further deployment of its digital closing platform.

Foreclosure Filings at Record Low

ATTOM, Irvine, Calif., reported a record-low 65,082 U.S. properties with foreclosure filings in the first six months of 2021, down 61 percent from a year ago and down 78 percent from two years ago.

As Prices Soar, Home Affordability Declines for Average Workers

ATTOM, Irvine, Calif., reported median home prices of single-family homes and condos in the second quarter were less affordable than historical averages in 61 percent of counties across the nation in the second quarter, up from 48 percent in the first quarter, to the highest level in two years.