Real Estate Investor Purchases Up 40% From Year Ago

Real estate investor purchases accounted for 16.4% of all home purchases nationally in the third quarter from 11.7% a year ago, an increase of more than 40 percent, reported RealtyTrac, Irvine, Calif.

ATTOM: Foreclosure Activity at Nearly 2-Year High; MBA to Release 4Q National Delinquency Survey This Morning

Ahead of this morning’s release of the Mortgage Bankers Association’s 4th Quarter National Delinquency Survey ATTOM, Irvine, Calif., reported 23,204 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 29 percent from a month ago and 139 percent from a year ago to its highest level since onset of the coronavirus pandemic.

ATTOM: Foreclosure Activity Falls to Record Low

ATTOM, Irvine, Calif., released its Year-End 2021 U.S. Foreclosure Market Report, which shows foreclosure filings fell to their lowest level since 2005.

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.

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.

Industry Briefs June 18, 2021

Fannie Mae, Washington, D.C., said economic growth expectations for full-year 2021 were revised modestly upward to 7.1 percent, one-tenth higher than the previous forecast, due to stronger-than-expected consumer spending data year to date.