Challenges remain with high financing costs, limited inventory, and competition from other buyers, but most investors see better times ahead. Real estate investors believe that market conditions have improved and will continue to get better in the coming months according to the Fall 2023...
Severe hail events 18% more frequent in the first half of 2023 than prior three years. Severe hail events in the United States – storms which delivered hail of at least one inch in size within a metropolitan area – increased by almost 18% in the first half of 2023 compared to the average number of...
Although overall U.S. mortgage delinquencies crept up from June to July, they are still near an all-time low of 2.7%. The U.S. foreclosure rate held steady in July for the 17th consecutive month, at 0.3%. The U.S. serious delinquency rate (90 days or more late) was at a 23-year low in July....
Major Home-Ownership Expenses Consume 35 Percent of Average Wage Nationwide, Reaching Another High Over the Past Decade; Historic Affordability Drops to New Low ATTOM, a leading curator of land, property, and real estate data, released its third-quarter 2023 U.S. Home Affordability Report...
Buying a starter home in the top 50 metros cost $1,111 (60.3%) more than renting in August, as median U.S. rents see fourth consecutive month of year-over-year declines The elevated mortgage rates, steep home prices and declining rent costs familiar in today's housing market have made it...
Flipping Rate Declines to Near Low Point Since 2021;Typical Profit Margins Increase at Fastest Quarterly Pace in Three Years Following Extended Slump;Raw Flipping Profits Also Rebound, Up 18 Percent Over First Quarter ATTOM, a leading curator of land, property, and real estate...
RCN Capital, a leading nationwide private lender specializing in financing for real estate investors, announced its partnership with REiDEAL MASTER, a comprehensive technology platform that provides real estate investors with state-of-the-art tools to help grow and manage their...
Housing Faces Renewed Headwinds from 7 Percent Mortgage Rates, but Downside Risk to Home Sales is Limited With underlying inflation decelerating and signs that the labor market is cooling, the central question for economists remains whether the economy is headed for a soft landing or a mild...
Areas More Vulnerable to Downturns Clustered in New York City, Chicago and Philadelphia Metro Areas, Based on Measures from Second Quarter of 2023; South and New England Less Exposed to Downturns ATTOM, a leading curator of land, property, and real estate data, released a Special...
