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Q2 Profit Margins on Home Sales Reach Nearly 48%

Q2 Profit Margins on Home Sales Reach Nearly 48%

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

Profit margins on median-priced single-family home and condo sales rose to 47.7% during the second quarter, according to new data from ATTOM. This represented the first gain in a year and an increase from the 43.9% in the first quarter. The median nationwide home...
Foreclosure Activity Increased in First Half of 2023

Foreclosure Activity Increased in First Half of 2023

by Phil Hall | Jul 13, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The first half of the year saw a recorded total of 185,580 U.S. properties with foreclosure filings, according to new data from ATTOM. This represents a 13% year-over-year increase. Nationwide, 0.13% of all housing units (one in every 752) had a foreclosure filing in...
Affordable Homeownership Opportunities Continue to Dwindle

Affordable Homeownership Opportunities Continue to Dwindle

by Phil Hall | Jun 29, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median-priced single-family homes and condos were less affordable in the second quarter of this year compared to historical averages in 98% of counties around the nation with enough data to analyze, according to a new report from ATTOM. Nationwide, the median...
ATTOM Unveils Neighborhood Navigator

ATTOM Unveils Neighborhood Navigator

by Phil Hall | Jun 22, 2023 | Current News & Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

ATTOM, the real estate data provider, is now offering Neighborhood Navigator, a solution designed to provide companies with a comprehensive overview on local market data from across the country. According to the Irvine, California-based company, the new offering...
Flipped Homes Accounted for 9% of All Q1 Sales

Flipped Homes Accounted for 9% of All Q1 Sales

by Phil Hall | Jun 22, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 72,960 single-family homes and condominiums were flipped in the first quarter of this year, according to new data from ATTOM. This represented 9% of all sales, compared to 9.4% in the first quarter of 2022 and 8% in the fourth quarter of last year. Among...
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