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ATTOM: Home Affordability Remained Elusive During Q1

ATTOM: Home Affordability Remained Elusive During Q1

by Phil Hall | Mar 28, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median-priced single-family homes and condos remained less affordable during the first quarter of this year compared to historical averages in more than 95% of counties around the U.S., according to a new data report from ATTOM. The report found the major expenses on...
Is Flipping Flopping? Flipped Home Sales Down 29.3% in 2023

Is Flipping Flopping? Flipped Home Sales Down 29.3% in 2023

by Phil Hall | Mar 21, 2024 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 308,922 single-family homes and condos were flipped in the U.S. during 2023, according to data from ATTOM. This represented a 29.3% plummet from the 436,807 total in 2022, marking the greatest annual decline since 2008. Flips accounted for 8.1% of all 2023...

The Best Market for Buying Single-Family Rentals Is…

by Phil Hall | Mar 14, 2024 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Investors seeking the best returns in the single-family rental property market will find plenty of opportunities in the Midwest, Northeast and South, according to a new data report from ATTOM. In an analysis of 341 counties, ATTOM found the counties with the highest...
Foreclosure Activity Records Annual Increase

Foreclosure Activity Records Annual Increase

by Phil Hall | Mar 12, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Last month saw a total of 32,938 residential properties with foreclosure filings, according to new data from ATTOM. This is down 1% from January but up 8% from February 2023. Lenders repossessed 3,397 properties through completed foreclosures (REOs) in February, down...
Three States Have 34 of the 50 Most At-Risk County Housing Markets

Three States Have 34 of the 50 Most At-Risk County Housing Markets

by Phil Hall | Mar 7, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new study from ATTOM has determined that 34 of the 50 counties with the most at-risk housing markets in the fourth quarter of 2023 were based in three states. ATTOM defined at-risk markets based on data related to home affordability, underwater mortgages,...
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