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.
Tag: ATTOM
1st Quarter Home Flipping Rate at 21-Year Low; Profits Decline
ATTOM, Irvine, Calif., said home flipping activity fell in the first quarter to the lowest level since 2000.
ATTOM: May Foreclosure Starts Up 36% YOY
ATTOM, Irvine, Calif., reported 10,821 U.S. properties with foreclosure filings in May, down 8 percent from a month ago but up 23 percent from a year ago. Foreclosure starts, which represent the initial notice of default, grew by 36 percent year-over-year.
Industry Briefs June 15, 2021
The Federal Housing Finance Agency issued a Request for Input on executive compensation at its regulated entities: Fannie Mae and Freddie Mac and the Federal Home Loan Banks.