…But Take Unusual Fall In Second Quarter ATTOM, curator of the nation’s premier property database, released its second-quarter 2021 U.S. Home Sales Report, which shows that profit margins for home sellers took an unusualdip in the second quarter but still were far above where were they were a year earlier. In a sign that the housing market remained super-heated but that investment returns may be declining, the report reveals that
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ATTOM, licensor of the nation’s most comprehensive foreclosure data released its May 2021 U.S. Foreclosure Market Report, which shows there were a total of 10,821 U.S. properties with foreclosure filings— default notices, scheduled auctions or bank repossessions—down 8 percent from a month ago but up 23 percent from a year ago. Foreclosure starts, which represent the initial notice of default, grew by 36 percent year-over-year. “While the increase in foreclosure
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Home Flipping Rate Falls in First Quarter to Lowest Level Since 2000 Prices on Flipped Homes Drop, Leading to Smallest Profit Margin in 10 Years ATTOM, curator of the nation’s premier property database, released its first-quarter 2021 U.S. Home Flipping Report showing that 32,526 single-family homes and condominiums in the United States were flipped in the first quarter. Those transactions represented only 2.7 percent of all home sales in the
Read More Median Values Again Rise At Least 10 Percent in Almost Two-Thirds of Zones ATTOM Data Solutions, curator of the nation’s premier property database, released its first-quarter 2021 special report analyzing qualified low-income Opportunity Zones established by Congress in the Tax Cuts and Jobs Act of 2017. In this report, ATTOM looked at 4,579 zones around the United States with sufficient sales data to analyze, meaning they had at least five
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Number of Homes Flipped by Investors Decreases for First Time Since 2014 ATTOM Data Solutions, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (realtytrac.com), released its Q1 2021 U.S. Foreclosure Market Report, which shows there were a total of 33,699 U.S. properties with foreclosure filings—default notices, scheduled auctions or bank repossessions—during the first quarter of 2021, up 9% from the previous quarter but down 78%
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Institutional Investors Reconsider the ‘Get Out’ Portion of Their Initial ‘Get In, Get Out’ Purchase Strategy by Steven Katz These days, it is rare to pick up any real estate publication and not see a single-family rental (SFR) headline near the top of the page. Industry attention and institutional participation are seemingly growing by the minute. Naturally, where there are advocates, there are also devil’s advocates, and they have raised
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