Climate Change? For Many Homebuyers, ‘Who Cares?’

The real estate industry is long-known for stories and anecdotes that seemingly defy logic—take, for example, the burnt-out home in San Francisco that last week drew a bidding war that pushed the final price above $1 million. Now, two separate reports show despite dire warnings about climate change, properties in some of the most vulnerable spots in the nation are actually attracting more interest—and higher prices.

2Q Mortgage Lending Slows Amid Refi Retreat

The second quarter of any year is usually the strongest for mortgage lending, but not this past quarter, according to ATTOM, Irvine, Calif.

July Foreclosure Activity Dips Slightly

ATTOM, Irvine, Calif., released its July U.S. Foreclosure Market Report, showing 12,483 U.S. properties with foreclosure filings, down 4 percent from a month ago but up 40 percent from a year ago.

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.

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.