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California Leads Nation with Commercial Foreclosures

California Leads Nation with Commercial Foreclosures

by Phil Hall | Oct 22, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A total of 695 commercial foreclosures were recorded in September, with California leading the nation in this unwelcome activity. According to new data from ATTOM, last month’s commercial foreclosure figure is down from the peak of 752 recorded in May. ATTOM...
Q3 Home Seller Profit Margins Down Slightly

Q3 Home Seller Profit Margins Down Slightly

by Phil Hall | Oct 17, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners earned a 55.6% profit margin on typical single-family home and condo sales during the third quarter, according to new data from ATTOM. This represented a one percentage point dip from the second quarter and a two point-drop from the third quarter of last...
Foreclosure Activity Down in Q3

Foreclosure Activity Down in Q3

by Phil Hall | Oct 10, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 87,108 residential properties carried foreclosure filings during the third quarter of this year, according to new data from ATTOM. This is down 2% from the previous quarter and down 13% from one year ago. Nationwide one in every 1,618 housing units had a...
Report: Affordable Homeownership Remained Elusive in Q3

Report: Affordable Homeownership Remained Elusive in Q3

by Phil Hall | Sep 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median-priced single-family homes and condos remained less affordable during the third quarter compared to historical averages in 99% of counties around the nation, according to a new data report from ATTOM. The national median price for single-family homes and condos...
Home Flipping Activity Down in Q2

Home Flipping Activity Down in Q2

by Phil Hall | Sep 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 79,540 single-family homes and condominiums were flipped in the second quarter, according to new data from ATTOM. This represented 7.5%, or one of every 13 home sales. The second quarter’s total is down by 8.7% in the first quarter and down by 7.9% in...
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