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Home Flipping Activity Declines, Gross Profits Rise

Home Flipping Activity Declines, Gross Profits Rise

by Phil Hall | Mar 20, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 297,885 single-family homes and condos were flipped in 2024, according to data from ATTOM. This is a 7.7% decline from the 322,782 flips in 2023 and a 32.4% from a recent peak of nearly 441,000 reached in 2022. Only 7.6% of home sales in 2024 were flips,...
The Market with the Highest Potential SFR Returns Is…

The Market with the Highest Potential SFR Returns Is…

by Phil Hall | Mar 13, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The New York metro area is home to highest potential returns on single-family rentals (SFR), according to a new data report from ATTOM. The report analyzed single-family rental returns in 361 counties with sufficient rental and home-price data. The analysis...
Foreclosure Activity Up During February

Foreclosure Activity Up During February

by Phil Hall | Mar 12, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 32,383 residential properties carried foreclosure filings in February, up 5% from January but 1.7% lower than the level recorded in February 2024. According to data from ATTOM, one in every 4,395 housing units had a foreclosure filing in February. States...
Most At-Risk Q4 Housing Markets Primarily in Three States and NYC Area

Most At-Risk Q4 Housing Markets Primarily in Three States and NYC Area

by Phil Hall | Mar 6, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two-thirds of the 50 counties with the most at-risk housing markets in the fourth quarter of 2024 were in California, Florida, Illinois, and the New York City area, according to new data from ATTOM. County-level housing markets on the latest list included 14 were in...
Q4 Lending Down While Refinance Activity Rises

Q4 Lending Down While Refinance Activity Rises

by Phil Hall | Feb 27, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1.64 million mortgages for residential properties were issued during the fourth quarter of 2024, according to new data from ATTOM. This represents a 3% drop from the third quarter, but it was also a 14% spike from the fourth quarter of 2023. ATTOM noted...
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