Reports from First American Financial Corp., Santa Ana, Calif., and ATTOM, Irvine, Calif., show rising home prices and inflation are taking a bigger bite out of housing affordability entering the new year.
Tag: ATTOM
3Q Home Flipping Profit Margins Drop to 10-Year Low
ATTOM, Irvine, Calif., said home-flipping became more popular in the third quarter—but it wasn’t as profitable.
November Foreclosures Down from October, Up from Year Ago
ATTOM, Irvine, Calif., reported 19,479 U.S. properties with foreclosure filings in November, down by 5 percent from October but up by 94 percent from a year ago.
ATTOM: 3Q Mortgage Lending Down at ‘Unusually Fast Pace’
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.
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: