ATTOM Data Solutions, Irvine, Calif., reported 3.25 million mortgages secured by residential property originated in the third quarter, up 17 percent from the second quarter and 45 percent from a year ago, to the highest level in 13 years.
Tag: Todd Teta
Rise in 3Q Home-Purchase Mortgages Powers Increase in Residential Lending
ATTOM Data Solutions, Irvine, Calif., reported 3.25 million mortgages secured by residential property originated in the third quarter, up 17 percent from the second quarter and 45 percent from a year ago, to the highest level in 13 years.
3Q Home Equity Levels Rise Despite Pandemic
ATTOM Data Solutions, Irvine, Calif., said equity-rich properties in the U.S. now outnumber those considered seriously underwater by a nearly 5-1 margin.
ATTOM: ‘Zombie’ Properties Diminish Amid Foreclosure Moratorium
ATTOM Data Solutions, Irvine, Calif., reported 200,065 properties in the process of foreclosure in the fourth quarter, down by 7.3 percent from the third quarter. Of those, then number sitting empty—also known as “zombie” foreclosures, fell by 4.4 percent to 7,612.
77% of Metros Post Double-Digit Home Price Gains in 3Q
ATTOM Data Solutions, Irvine, Calif., said profits for home sellers nationwide continue to hit high points despite the economic distress caused by the coronavirus pandemic.
ATTOM: Northeast Housing Markets at Highest Risk of Pandemic Economic Impact
ATTOM Data Solutions, Irvine, Calif., said its third-quarter Special Report shows pockets of the Northeast and Mid-Atlantic regions most at risk, with clusters in the New York City, Baltimore, Philadelphia and Washington, D.C. areas – while the West and now Midwest are less vulnerable.
Homeownership Less Affordable for Average Workers Across U.S.
ATTOM Data Solutions, Irvine, Calif., released its third-quarter U.S. Home Affordability Report, showing median home prices of single-family homes and condos in the third quarter are less affordable than historical averages in 63 percent of counties with enough data to analyze, up from 54 percent a year ago.
Housing Report Roundup
Welcome to the Friday Housing Report Roundup. Click on the link to see what’s happening.
‘Zombie’ Foreclosures on the Rise
ATTOM Data Solutions, Irvine, Calif., said its third quarter Vacant Property and Zombie Foreclosure Report showed 1.5 million residential properties in the United States are vacant, representing 1.6 percent of all homes. Nearly 4 percent of these vacant homes face foreclosure—so-called “zombie foreclosures.”
ATTOM: Refis Make Up 2/3 of 2nd Quarter Loans, Highest Level in 7 Years
ATTOM Data Solutions, Irvine, Calif., released its second-quarter U.S. Residential Property Mortgage Origination Report, showing 1.69 million refinance mortgages secured by residential properties (1 to 4 units) originated, up nearly 50 percent from the prior quarter and more than 100 percent from a year ago, to the highest level in seven years.