ATTOM, Irvine, Calif., reported 44.9 percent of mortgaged residential properties in the United States were considered equity-rich in the first quarter, up by more than 15 percent from just a year ago.
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ATTOM: April Foreclosures Down 8% Monthly, Up from Year Ago
ATTOM, Irvine, Calif., reported properties with foreclosure filings in April fell by 8 percent from March but jumped by 160 percent from a year ago. Completed foreclosures, meanwhile, fell by 36 percent from March.
Spring, Summer Best Time to Sell Home
May, June and July offer home seller premiums of 10 percent or more above market value–with the top 15 best days to sell occurring in the month of May alone–reported ATTOM, Irvine, Calif.
Spring, Summer Home Sales Yield Best Days of the Year to Sell A Home
May, June and July offer home seller premiums of 10 percent or more above market value–with the top 15 best days to sell occurring in the month of May alone–reported ATTOM, Irvine, Calif.
ATTOM: 1Q Home Sales, Seller Profits Decline
ATTOM, Irvine, Calif., said profit margins on median-priced single-family home sales across the United States dipped to 47.2 percent in the first quarter – the first quarterly decline since late 2019 and the largest in a decade.
2021 Single-Family Property Taxes Rise to $328 Billion
ATTOM, Irvine, Calif., said its 2021 property tax analysis of nearly 87 million U.S. single family homes reported $328 billion in property taxes levied on single-family homes, up 1.6 percent from $323 billion in 2020, but well down from the 5.4 percent increase seen from 2019 to 2020.
Home Affordability Gets Tougher as Prices, Rates Surge
ATTOM, Irvine, Calif., said median-priced single-family homes were less affordable in the first quarter compared to historical averages in 79 percent of counties across the nation.
Home Flipping Profits Fall to 10-Year Low
Although home flipping increased by more than 26 percent in 2021, ATTOM, Irvine, Calif., said gross profit margins fell to their lowest level in 10 years and at a pace not seen in 15 years.
ATTOM: Steady Increase in Foreclosure Activity ‘Gradual Return to Normal’
ATTOM, Irvine, Calif., reported properties with foreclosure filings rose in February, but not a pace to cause alarm.
1Q ‘Zombie’ Properties Edge Down Despite Uptick in Foreclosure Activity
ATTOM, Irvine, Calif., reported a drop in vacant “zombie” properties in the first quarter despite an increase in foreclosure activity for the second straight quarter.