ATTOM, Irvine, Calif., said U.S. home sellers nationwide realized a $112,000 profit on the typical sale last year, up 21 percent from $92,500 in 2021 and up 78 percent from two years ago.
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Higher Rates Make Renting More Affordable that Homeownership
ATTOM, Irvine, Calif., said higher mortgage interest rates tipped the needle toward renting over homeownership.
2022 Foreclosures Double; Remain Below Pre-Pandemic Levels
ATTOM, Irvine, Calif., said 2022 foreclosure filings more than doubled from 2021 but remained well below pre-pandemic rates.
ATTOM: Home Affordability Worsens in 4Q Despite Falling Home Prices
ATTOM, Irvine, Calif., released its fourth-quarter U.S. Home Affordability Report showing median-priced single-family homes and condos are less affordable compared to historical averages in 99 percent of counties across the nation — far above the 68 percent of counties that were less affordable a year ago.
ATTOM: Foreclosure Completions Up 64%
ATTOM, Irvine, Calif., reported 30,677 U.S. properties with foreclosure filings in October, up 57 percent from a year ago, but down 5 percent from October.
Homeowner Equity Keeps Rising
ATTOM, Irvine, Calif., released its third-quarter 2022 U.S. Home Equity & Underwater Report, showing 48.5 percent of mortgaged residential properties in the United States were considered equity-rich in the third quarter, up from 48.1 percent in the second quarter and 39.5 percent a year ago.
‘Zombie’ Foreclosures Up; Remain Small Portion of Housing Market
ATTOM, Irvine, Calif., reported 1.3 million residential properties in the United States sit vacant, representing 1.26 percent, or one in 79 homes, across the nation.
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.
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.