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Home Flipping Sales and Profit Margins Both Decline Across U.S. in 2020

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Number of Homes Flipped by Investors Decreases for First Time Since 2014 ATTOM Data Solutions, curator of the nation’s premier property database, released its year-end 2020 U.S. Home Flipping Report, which shows that 241,630 single family homes and condos in the United States were flipped in 2020, down 13.1 percent from 2019 to the lowest point since 2016. The number of homes flipped in 2020 represented 5.9 percent of all

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Home Price Increases in Opportunity Zone Redevelopment Areas Keeping Pace with Nationwide Gains

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Median Values Jump At Least 10 Percent in Almost Two-Thirds of Zones ATTOM Data Solutions, curator of the nation’s premier property database, released its fourth-quarter 2020 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 3,588 zones around the United States with sufficient sales data to analyze, meaning they had at least five home

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U.S. Foreclosure Activity Drops to 16-Year Low in 2020

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Foreclosure Starts and Completions Hit New Record Lows Nationwide Amid Pandemic ATTOM Data Solutions, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (www.realtytrac.com), a foreclosure listings portal, released its Year-End 2020 U.S. Foreclosure Market Report, which shows foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 214,323 U.S. properties in 2020, down 57 percent from 2019 and down 93 percent from a peak of

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November Foreclosure Filings Dip from October

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Foreclosure Moratorium Extended to 2021 ATTOM Data Solutions, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (realtytrac.com), a foreclosure listings portal, released its November 2020 U.S. Foreclosure Market Report, which shows there were a total of 10,042 U.S. properties with foreclosure filings—default notices, scheduled auctions or bank repossessions—in November 2020, down 14 percent from a month ago and down 80 percent from a year ago.

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Data Analytics in Multifamily Investment

Major Factors Currently Impacting Multifamily Investing By: Dean Kelker, SVP & Chief Risk Officer, SingleSource Property Solutions The statement ‘real estate investing is not for the faint of heart’ rings ever true in today’s climate. Real estate investing has always been an objective practice, leaning directly on ROI and managing risk. The current political and economic environment presents a series of new and unforeseen opportunities and risks. As a result,

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Completed Foreclosure Auctions Up 24 Percent to Six-Month High

Most auctions on vacant or abandoned properties exempt from moratoria Foreclosure sales rate at seven-year high, REO bids per asset at all-time high Building backlog of foreclosures could exceed 1.1 million by Q2 2021 By: Daren Blomquist, VP, Market Economics, Auction.com Auction.com, the nation’s leading distressed real estate marketplace, released its Q4 2020 Distressed Market Outlook, which shows that completed foreclosure auctions in September increased 24 percent from the previous

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