Housing Affordability Concerns Intensify

Reports from First American Financial Corp., Santa Ana, Calif., and ATTOM, Irvine, Calif., show rising home prices and inflation are taking a bigger bite out of housing affordability entering the new year.

3Q Equity-Rich Properties Soar to New Highs

ATTOM, Irvine, Calif., said a record 39.5 percent of mortgaged residential properties in the United States were considered equity-rich in the third quarter.

Home Flipping Up, But Profits at 10-Year Low

ATTOM, Irvine, Calif., issued its second-quarter U.S. Home Flipping Report, showing an increase in flipping activity during the quarter but a drop in profit margins.

Homeowner Equity Surges in 2Q

ATTOM, Irvine, Calif., found 34.4 percent of mortgaged residential properties in the United States were considered “equity-rich” in the second quarter, up from 27.5 percent a year before.