Industry Data

Home Prices in Nearly Half of Opportunity Zones Increase

Median prices again rose year-over-year in two thirds of Opportunity Zones. That’s according to ATTOM Data Solutions’ third special report analyzing qualified Opportunity Zones established by Congress in the Tax Cuts and Jobs act of 2017. The report, released in late February, examined about 3,700...

U.S. Homeowners Four Times as Likely to be Equity-Rich Than Seriously Underwater

ATTOM Data Solutions reports that in the fourth quarter of 2019, equity-rich properties comprised 27% of all mortgaged homes. The highest equity levels were in the San Francisco Bay area. According to ATTOM’s fourth-quarter 2019 U.S. Home Equity & Underwater Report, released in early February,...

Apartment Market Growth in 2019

Apartments.com and CoStar Group looked at rental markets in the U.S. with more than 50,000 units and have compiled the hottest markets of 2019 according to number of new units, highest rent levels and rent growths, and decreases in vacancies. With 19,522 apartment units built in 2019, Dallas-Fort...

U.S. Foreclosure Activity Drops to 15-Year Low

ATTOM Data Solutions’ Year-End 2019 U.S. Foreclosure Market Report shows foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 493,066 U.S. properties in 2019, down 21% from 2018 and down 83% from a peak of nearly 2.9 million in 2010 to the lowest level...

Average U.S. Home Seller Profits Hit New High

ATTOM Data Solutions’ Year-End 2019 U.S. Home Sales Report shows that home sellers nationwide in 2019 realized a home price gain of $65,500 on the typical sale, up from $58,100 last year and up from $50,027 two years ago. The latest profit figure, based on median purchase and resale prices, marked...

Home Flipping Activity Drops, Returns Remain Near Seven-Year Low

In the third quarter of 2019, overall home flips dropped 12.9% over the previous quarter and were down 6.8% from a year ago, according to ATTOM Data Solutions' third-quarter 2019 U.S. Home Flipping Report. Home flipping rates were down in 78% of the local markets (115 of...

Median Home Prices Unaffordable for Average Wage Earner

Home ownership consumes 32.5% of wages in fourth quarter 2019 The fourth quarter 2019 U.S. Home Affordability Report, released in mid-December by data provider ATTOM Data Solutions, shows that median home prices in the fourth quarter of 2019 were unaffordable for average wage earners in 344 of...

U.S. Foreclosure Activity in October 2019 Climbs

ATTOM Data Solutions’ October 2019 U.S. Foreclosure Market Report shows a total of 55,197 U.S. properties with foreclosure filings—default notices, scheduled auctions or bank repossessions—in October 2019, up 13% from the previous month but down 17% from a year ago. Lenders repossessed 13,484 U.S....

Equity-Rich Properties Represent 26.7% of All Mortgaged Properties

ATTOM Data Solutions’ third quarter 2019 U.S. Home Equity & Underwater Report shows that 14.4 million residential properties in the U.S. were considered equity rich, meaning that the combined estimated amount of loans secured by those properties was 50% or less of their estimated market value....