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.
Tag: Todd Teta
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.
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.
‘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.
Second-Quarter Home Seller Profits Rise to 36%
ATTOM Data Solutions, Irvine, Calif., said its second-quarter 2020 U.S. Home Sales Report showed home sellers nationwide realized a gain of $75,971 on the typical sale, up from the $66,500 in the first quarter and from $65,250 a year ago.
ATTOM: Home-Flipping Reaches 14-Year High in 1Q; Returns Fall to 9-Year Low
ATTOM Data Solutions, Irvine, Calif., said its first-quarter U.S. Home Flipping Report showed 53,705 single-family homes and condominiums in the United States flipped in the first quarter, the highest number since 2006.
‘Zombie’ Property Stats Hold Steady Amid Foreclosure Moratorium
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.
ATTOM: Pre-COVID-19, Steady Rates for Equity-Rich Homeowners
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: March Foreclosure Report Reflects Calm Before the Storm
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.