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ATTOM: Affordable Homeownership Opportunities Continued to Evaporate During Q3

ATTOM: Affordable Homeownership Opportunities Continued to Evaporate During Q3

by Phil Hall | Sep 28, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The absence of affordable homeownership opportunities worsened during the third quarter, according to new data from ATTOM. Increasing home prices and mortgage rates have resulted in a new environment where the typical portion of average wages nationwide required for...
Zombie Property Levels in Slight Rise

Zombie Property Levels in Slight Rise

by Phil Hall | Aug 24, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data from ATTOM has determined there were roughly 1.3 million U.S. residential properties that are vacant, as of the third quarter of this year. That figure represents 1.3%, or one in 79 homes, across the nation, the same level as in the second quarter. ATTOM also...
Q2 Profit Margins on Home Sales Reach Nearly 48%

Q2 Profit Margins on Home Sales Reach Nearly 48%

by Phil Hall | Jul 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 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...
Affordable Homeownership Opportunities Continue to Dwindle

Affordable Homeownership Opportunities Continue to Dwindle

by Phil Hall | Jun 29, 2023 | News/Current 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...
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