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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...
Foreclosure Filings Up During Q3

Foreclosure Filings Up During Q3

by Phil Hall | Oct 12, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 124,539 residential properties carried foreclosure filings during the third quarter of this year, according to new data from ATTOM. This is up 28% from the second quarter and up 34% from one year ago. A total of 37,679 properties had foreclosure filings in...
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