REI INK

FORECLOSURE ACTIVITY INCREASES ANNUALLY IN APRIL 2025

Completed Foreclosures (REOs) Dip Monthly but Increase from Previous Year;  Foreclosure Starts Up Monthly and Annually Nationwide ATTOM, a leading curator of land, property data, and real estate analytics, released its April 2025 U.S. Foreclosure Market Report, which shows there were a total of 36,033 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions – up 0.4 percent from the prior month and up 13.9 percent from a year ago. “April’s

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HOME EQUITY DIPS SLIGHTLY DURING FIRST QUARTER BUT REMAINS NEAR HISTORIC HIGHS

Proportion of homes considered equity-rich drops to 46.2 percent quarter-over-quarter; Rate of seriously underwater homes ticks up slightly  ATTOM, a leading curator of land, property data, and real estate analytics, released its first quarter 2025 U.S. Home Equity & Underwater Report, which shows that 46.2 percent of mortgaged residential properties in the country were considered equity-rich in the first quarter, meaning the combined estimated amount of loan balances secured by those properties

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HOME FLIPPING DECLINES AGAIN ACROSS U.S. IN 2024 AS PROFITS REMAIN LOW

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Flipping Activity by Investors Drops for Second Straight Year, Down 32 Percent Over That Time; Investment Returns Inch Upward but Still Sit Near Low Point Over Past Decade; Almost Two-Thirds of Flipped Homes Purchased with Cash ATTOM, a leading curator of land, property data, and real estate analytics, released its year-end 2024 U.S. Home Flipping Report, which shows that 297,885 single-family homes and condos in the United States were flipped in 2024. That

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REFINANCE ACTIVITY UP AGAIN DURING FOURTH QUARTER DESPITE BROADER U.S. DOWNTURN IN HOME MORTGAGES

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Home Loans Shrink 3 Percent Quarterly as Interest Rates Climb and Sales Listings Remain Low; Purchase and Home-Equity Lending Dips While Refinance Deals Increase Again; Total Activity Still Down 60 Percent from 2021 Peak ATTOM, a leading curator of land, property data, and real estate analytics, released its fourth-quarter 2024 U.S. Residential Property Mortgage Origination Report, which shows that 1.64 million mortgages secured by residential property (1 to 4 units) were issued in

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ZOMBIE FORECLOSURES REMAIN A SMALL FRACTION OF U.S. HOUSING INVENTORY IN FIRST QUARTER OF 2025

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Only One in 14,700 U.S. Homes Sit Vacant During Foreclosure, Near Five-Year Low;  Zombie Foreclosures Virtually Unchanged Quarterly, Down 3 Percent Annually;  Trends Hold as Overall Foreclosure Activity Remains Down ATTOM, a leading curator of land, property data, and real estate analytics, released its first-quarter 2025 Vacant Property and Zombie Foreclosure Report showing that 1.4 million (1,372,396) residential properties in the United States are vacant. That figure represents 1.3 percent, or one in 76 homes,

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