Profit Margins on Typical Home Sales Nationwide Increase to Almost 60 Percent; Returns Rise for Second Straight Quarter as Median U.S. Home Price Hits Another Record; Seller Profits Still Down from Year Ago Following Earlier Slide ATTOM, a leading curator of land, property and real estate...
Highest Foreclosure Rates in New Jersey, South Carolina, and Delaware; Average Time to Foreclose Nationwide Hit Pre-Pandemic Levels ATTOM, a leading curator of land, property, and real estate data, released its Q3 2023 U.S. Foreclosure Market Report, which shows there were a total of 124,539...
Consumers Now Point to Mortgage Rates, not Home Prices, as Primary Hindrance to Affordability The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased by 2.4 points in September to 64.5, as elevated mortgage rates further dampened already-pessimistic consumer housing...
The median U.S. asking rent was little changed from a year earlier for the sixth straight month as an increase in the number of rentals made it harder for landlords to boost prices The median U.S. asking rent rose 0.4% year over year to $2,011 in September—the sixth straight month in which rents...
Political unrest/global economic health, office occupancy and valuations, housing shortage and artificial intelligence (AI) among key issues shaping real estate's near future The Counselors of Real Estate®, a global organization of commercial property advisors, released its annual report on...
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...
