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Month: June 2019

U.S. Foreclosure Activity Decreases 13 Percent in April 2019

U.S. Foreclosure Activity Decreases 13 Percent in April 2019

ATTOM Data Solutions’ April 2019 U.S. Foreclosure Market Report shows that foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 55,646 U.S. properties in April 2019. That’s a 5% drop from March and a 13% decrease from a year ago. It marked the 10th...

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News Updates

The Number of U.S. Homebuyers Just Dropped to a Record Low, Shifting the Market Further in Buyers’ Favor

Redfin reports sellers outnumbered buyers by 51% in July—just shy of December's record high—giving buyers more negotiating power Nearly 80% of major U.S. metros are now buyer's markets, led by Miami, Nashville and a trio of Texas cities There were an estimated 51.3%...

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LESS THAN HALF OF OPPORTUNITY ZONES POST ANNUAL HOME PRICE GROWTH

Median home prices grew year-over-year in 46.3 percent of Opportunity Zone census tracts, compared to 49.8 percent of tracts outside the zones; Tracts outside the zones were more likely to see double-digit home price growth year-over-year  ATTOM, the leading provider...

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The income needed to afford a typical U.S. starter home is down 1.5% from a year ago, marking eight straight months of declines as price growth cools. The median U.S. household now earns about $17,000 more than what’s needed to afford a starter home, up from $12,500 a...

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