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Foreclosure Activity Continues to Rise

Foreclosure Activity Continues to Rise

by Phil Hall | May 15, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 36,033 residential properties had foreclosure filings during April, up by a slight 0.4% from the prior month and up by a more substantial 13.9% from one year ago. According to data from ATTOM, one in every 3,950 housing units had a foreclosure filing in...
Q1 Home Equity Levels Down Slightly

Q1 Home Equity Levels Down Slightly

by Phil Hall | May 8, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from ATTOM has found 46.2% of mortgaged residential properties were considered equity-rich in the first quarter, down from 47.7% in the fourth quarter of 2024. However, the rate is also nearly double what it was in the first quarter of 2020, prior to...
The Best Months for Selling a Home Are…

The Best Months for Selling a Home Are…

by Phil Hall | Apr 30, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

When it comes to being in the right place at the right time, home sellers may wish to consider a new data analysis by ATTOM that found the months of May, February and April offer the highest seller premiums. In a number-crunch of more than 47 million single-family...
Profit Margins Down for Q1 Home Sales

Profit Margins Down for Q1 Home Sales

by Phil Hall | Apr 24, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners, on average, made a 50.2% profit selling single-family homes and condos during the first quarter, according to new data from ATTOM. This is a decline of 3.2 percentage points from the previous quarter and a drop of 4.8 percentage points from the first...
Average Property Tax on Single-Family Home Up 2.7% in 2024

Average Property Tax on Single-Family Home Up 2.7% in 2024

by Phil Hall | Apr 17, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of $357.5 billion was levied in property taxes on single-family homes in 2024, down 1.6% from 2023. However, new data from ATTOM also found the average tax on a single-family home rose to $4,172 in 2024, a 2.7% increase over the previous year. In comparison,...
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