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Foreclosed and Vacant Properties Were a Tiny Percent of Q1 Housing Market

Foreclosed and Vacant Properties Were a Tiny Percent of Q1 Housing Market

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

Roughly 1.4 million residential properties were vacant in the first quarter of this year, according to new data from ATTOM. This represents 1.3% of the homes across the nation – the same as in the fourth quarter of last year and up slightly from one year ago. ATTOM...
January Foreclosure Activity Up 8% Month-Over-Month

January Foreclosure Activity Up 8% Month-Over-Month

by Phil Hall | Feb 11, 2025 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 30,816 residential properties carried foreclosure filings in January, according to new data from ATTOM. This is up 8% from December and down 7% from January 2024. Nationwide, one in every 4,618 housing units had a foreclosure filing last month. The states...
Nearly 90% of Metro Areas Recorded Q4 Home Price Gains

Nearly 90% of Metro Areas Recorded Q4 Home Price Gains

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

The fourth quarter of 2024 saw home price increases in 89% (201 out of 226) of metro markets, according to the National Association of Realtors (NAR), with 14% of the metro areas posting double-digit price gains over the same period, up from 7% in the third quarter....
Home Equity Level Held Steady in Q4

Home Equity Level Held Steady in Q4

by Phil Hall | Jan 30, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly half (47.7%) of mortgaged residential properties were considered equity-rich in the fourth quarter of 2024, according to data from ATTOM. That level is slightly lower from the 48.3% in the third quarter and from a recent peak of 49.2% in the second quarter –...
Home Selling Profits Down in 2024 Despite Price Gains

Home Selling Profits Down in 2024 Despite Price Gains

by Phil Hall | Jan 23, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sellers made a $122,500 profit on typical sales nationwide in 2024, generating a 53.8% return on investment, according to new data from ATTOM. However, the profit margin on median-priced sales nationwide was down from 56.9% in 2023, the second straight annual...
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