ATTOM Data Solutions, Irvine, Calif., said the percentage of “zombie” properties—vacant properties facing foreclosure—held steady in the second quarter as nationwide moratoria on foreclosures kept activity to a minimum.
This week has produced more housing finance reports than you can shake a stick at. Here’s a roundup and summary of what’s happening of reports from Ellie Mae; ATTOM Data Solutions; Redfin; Radian Inc.; TransUnion; Black Knight; Zillow; and PayNearMe.
ATTOM Data Solutions, Irvine, Calif., said more than two-thirds of homes in government-designated “Opportunity Zones” saw positive price growth in the first quarter—that is, before the economic effects of the coronavirus took effect.
ATTOM Data Solutions, Irvine, Calif., said data gathered before the impact of the coronavirus pandemic showed equity-rich American homeowners dipped slightly in the first quarter, even as the share of seriously underwater homeowners edged up.
ATTOM Data Solutions, Irvine, Calif., released its First-Quarter 2020 U.S. Home Sales Report, which showed home sellers nationwide realized a home price gain of $67,100 on the typical sale, up from $66,264 in the fourth quarter and up from $59,000 a year ago.
ATTOM Data Solutions, Irvine, Calif., released its quarterly U.S. Foreclosure Market Report, which showed 156,253 U.S. properties with a foreclosure filing during the first quarter, up 42 percent from the previous quarter but down 3 percent from a year ago.
ATTOM Data Solutions, Irvine, Calif., reported property taxes levied on more than 86 million single-family homes in 2019 totaled $306.4 billion, up 1 percent from $304.6 billion in 2018—the smallest increase in three years.
ATTOM Data Solutions, Irvine, Calif., reported 48,004 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in February, the lowest number of total foreclosure filings recorded it began tracking in April 2005.
ATTOM Data Solutions, Irvine, Calif., said owning a median-priced home in the first quarter– costing $252,500 – consumes 31.1 percent of the national average wage, down from 31.4 percent in the fourth quarter and 31.6 percent a year ago to the lowest percentage since fourth quarter.