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.

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.

Ahead of MBA Quarterly Survey, Reports Show Drop in Delinquencies, Rise in Foreclosures

This morning, the Mortgage Bankers Association releases its 3rd Quarter National Delinquency Survey. Ahead of the report, CoreLogic, Irvine, Calif., reported steady drops in mortgage delinquencies in August, while ATTOM, Irvine, Calif., said the end of foreclosure moratoria earlier this summer is pushing mortgage foreclosure actions higher.