ATTOM, Irvine, Calif., said foreclosures and foreclosure starts rose in August, reaching levels not seen since before the pandemic.
Tag: Rick Sharga
Rise in Foreclosures Sparks Uptick in ‘Zombie’ Properties
ATTOM, Irvine, Calif., said pre-foreclosure properties sitting vacant—“zombie properties”—increased by nearly 2 percent in the third quarter and by more than 2 percent from a year ago.
Reports Show Drops in Delinquencies, Foreclosures
Reports from CoreLogic, Irvine, Calif., and ATTOM, Irvine, show declines in both mortgage delinquencies and foreclosure activity.
2Q Homeowner Equity Spikes; Tappable Equity Again at Record High
Reports from ATTOM, Irvine, Calif., and Black Knight, Jacksonville, Fla., confirm the importance of home equity in a tightening mortgage market.
ATTOM: 2Q Home Seller Profits Surge
ATTOM, Irvine, Calif., said profit margins on typical home sales hit another record in the second quarter amid the fastest rise in home prices in more than a decade.
ATTOM: New Jersey, Illinois, California Have Highest Concentration of ‘Vulnerable’ Housing Markets
ATTOM, Irvine, Calif., released a Special Housing Risk Report spotlighting county-level housing markets around the United States that are more or less vulnerable to declines, based on home affordability, unemployment and other measures in the first quarter.
Home Flipping Spikes; Profits Don’t
ATTOM, Irvine, Calif., reported a sharp increase in home flipping in the first quarter—but profits did not necessarily follow suit.
Results Mixed on Spring Foreclosure Activity
New reports present a mixed bag on U.S. foreclosures, with CoreLogic, Irvine, Calif., reporting a new low in foreclosure rates, while ATTOM, Irvine, reported an uptick in foreclosure activity.
Home Values in ‘Opportunity Zones’ Keep Pace with National Gains
Home values in federal and state Opportunity Zone Redevelopment Areas—the controversial zones created in 2017 to spur economic development—are keeping up with nationwide home values, reported ATTOM, Irvine, Calif.
‘Zombie’ Properties Increase Amid Jump in Foreclosure Activity
ATTOM, Irvine, Calif., said residential properties in the process of foreclosure rose by nearly 13 percent in the second quarter and by nearly 16 percent from a year ago.