Home Sellers See Further Declines in Profits

ATTOM, Irvine, Calif., reported profit margins on median-priced single-family home and condo sales across the United States decreased to 44.2 percent in the first quarter as home prices stayed flat or kept declining around most of the nation.

ATTOM: Homeownership Slightly More Affordable as Housing Market Stalls

ATTOM, Irvine, Calif., released its first-quarter U.S. Home Affordability Report showing buying conditions for house hunters may be improving as the portion of average wages nationwide required for typical major home-ownership expenses has fallen slightly to 30 percent.

ATTOM: 4Q Mortgage Lending Slumps to 9-Year Low

ATTOM, Irvine, Calif., said just 1.52 million mortgages secured by residential property originated in the fourth quarter in the United States, down 24 percent from the third quarter, marking the seventh quarterly decrease in a row, and down 55 percent from a year ago, to the lowest level since 2014.

Foreclosure Activity Up 21st Straight Month

ATTOM, Irvine, Calif., said January foreclosure filings rose by 36 percent from a year ago and by 2 percent from December, although they remained low by historical standards.

Home Equity Flattens in 4Q

ATTOM, Irvine, Calif., said 48 percent of mortgaged residential properties in the United States were considered equity-rich in the fourth quarter, down slightly from the previous quarter but up from a year ago.