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ATTOM Names Ned Stringham as Chairman of the Board of Directors

ATTOM Names Ned Stringham as Chairman of the Board of Directors

by Phil Hall | Nov 21, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate data provider ATTOM announced the appointment of Ned Stringham as chairman of its board of directors. Stringham is managing partner at 42 Ventures, which he launched in 2006 after successfully selling SBI Group, a digital marketing and technology...
ATTOM: October’s Foreclosure Filings Up 6% from Last Year

ATTOM: October’s Foreclosure Filings Up 6% from Last Year

by Phil Hall | Nov 14, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 34,472 properties were burdened with foreclosure filings during October, according to new data from ATTOM. This is a 6% decline from the previous month but also a 6% increase from one year earlier. ATTOM determined that one in every 4,051 housing units had...
Q3 Housing: Fewer Equity-Rich Homes, Less Underwater Mortgages

Q3 Housing: Fewer Equity-Rich Homes, Less Underwater Mortgages

by Phil Hall | Nov 2, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly half (47.4%) of mortgaged U.S. residential properties were considered equity-rich in the third quarter, according to new data from ATTOM – down from 49.2% in the second quarter, which is the largest quarterly decline in four years. The share is also down...
Fear Not, Zombie Foreclosures Pose No Great Risk

Fear Not, Zombie Foreclosures Pose No Great Risk

by Phil Hall | Oct 31, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

There were roughly 1.3 million vacant residential properties, representing 1.27% or one in 78 homes in the U.S., during the fourth quarter of this year according to new data from ATTOM. The fourth quarter data is virtually the same as in the third quarter of this...
Profit Margins on Home Sales Up During Q3

Profit Margins on Home Sales Up During Q3

by Phil Hall | Oct 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Profit margins on median-priced single-family home and condo sales increased from 56.6% in the second quarter to 59% in the third quarter, according to data from ATTOM. This represented the second straight quarterly increase following several declines. ATTOM also...
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