Here’s a summary of housing market reports that came across the MBA NewsLink desk this week:
Tag: Rick Sharga
Foreclosure Activity Rises to Near Pre-Pandemic Levels
ATTOM, Irvine, Calif., reported September foreclosure activity rose by 3 percent in the third quarter and by 104 percent from a year ago.
Housing Market Roundup Oct. 6, 2022
Here’s a summary of recent housing/economic reports that have come across the MBA NewsLink desk:
ATTOM: Homeownership Still Unaffordable Across Most of U.S.
Median-priced single-family homes and condos remain less affordable in the third quarter compared to historical averages in nearly all U.S. counties, reported ATTOM, Irvine, Calif.
2Q Home-Flipping Rate Declines Following Year of Increases
ATTOM, Irvine, Calif., released its second-quarter U.S. Home Flipping Report, showing 115,198 single-family houses and condominiums in the United States flipped in the second quarter.
Housing Market Roundup Sept. 22, 2022
Here’s a quick summary of housing/economic reports that recently came across the MBA NewsLink desk:
Housing Market Roundup Sept. 15, 2022
Here’s a quick summary of recent housing market reports that have come across the MBA NewsLink desk:
Foreclosure Starts Back at Pre-Pandemic Levels
ATTOM, Irvine, Calif., said foreclosures and foreclosure starts rose in August, reaching levels not seen since before the pandemic.
ATTOM: Steep Drop in Refinance Activity Drives 2nd Quarter Slump in Mortgage Lending
ATTOM, Irvine, Calif., reported 2.39 million mortgages secured by residential property in the second quarter, down 13 percent from the first quarter—the fifth quarterly decrease in a row—and down 40 percent from a year ago—the biggest annual drop since 2014.
Rise in Foreclosures Sparks Uptick in ‘Zombie’ Properties
ATTOM, Irvine, Calif., said pre-foreclosure properties sitting vacant—“zombie properties”—increased by nearly 2 percent in the third quarter and by more than 2 percent from a year ago.