Economy

Aug 3, 2022

Increased foreclosure activity in first six months of 2022 approaches pre-COVID levels 

ATTOM has released its Midyear 2022 U.S. Foreclosure Market Report, which shows there were a total of 164,581 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in […]

Jul 25, 2022

New home sales decline for fourth consecutive month in May 

The experts at Zonda released the New Home Pending Sales Index (PSI) for May 2022. The New Home PSI shows pending sales fell month-over-month and remained down year-over-year. The index is […]

Jul 7, 2022

Home flipping spikes across U.S. in first quarter of 2022 but profits drop to 13-year low 

ATTOM has released its first-quarter 2022 U.S. Home Flipping Report showing that 114,706 single-family houses and condominiums in the United States were flipped in the first quarter. Those transactions represented […]

Falling home prices
Jun 21, 2022

Home sales, seller profits dip across U.S. in first quarter of 2022 as price increases slow 

ATTOM has released its first-quarter 2022 U.S. Home Sales Report, which shows that profit margins on median-priced single-family home sales across the United States dipped to 47.2 percent – the […]

Jun 15, 2022

As home affordability nears all-time low, borrower behavior  changing 

The Data & Analytics division of Black Knight, Inc. Has released its latest Mortgage Monitor Report, based upon the company’s mortgage, real estate and public records datasets. As home prices and interest rates continue their sharp […]

Jun 1, 2022

Home flips increase but profits decline across U.S. in 2021 

ATTOM has released its year-end 2021 U.S. Home Flipping Report, which shows that 323,465 single-family homes and condos in the United States were flipped in 2021. That was up 26 […]

May 26, 2022

Home values in opportunity zone redevelopment areas keep pace  

ATTOM has released its first-quarter 2022 report analyzing qualified low-income Opportunity Zones targeted by Congress for economic redevelopment in the Tax Cuts and Jobs Act of 2017 (see full methodology […]

May 18, 2022

Construction employment stalls as industry unemployment rate falls to 4.5 percent 

Construction employment edged up by 2,000 jobs between March and April as contractors scrambled to find workers in an increasingly tight labor market, according to an analysis by the Associated […]

May 4, 2022

More consumers expect mortgage rates and home prices to rise even further 

The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) increased by 3.5 points to 75.3 in February, but affordability constraints continue to drive consumers’ perception of the housing market. Overall, five of […]

Apr 6, 2022

Study shows Wednesdays most popular for real estate photos 

A new study of real estate photography data from HomeJab finds that Wednesday is the most popular day of the week for real estate photographers to take photos for a new property listing.  HomeJab, […]

Mar 16, 2022

U.S. housing market has doubled in value since the Great Recession 

Home values in the U.S. gained a record $6.9 trillion in 2021, nearly doubling what was previously the largest annual gain of $3.7 trillion in 2005. The full U.S. housing stock is now worth $43.4 […]

Mar 3, 2022

Mortgage Lending Across U.S. Drops At Fastest Pace In Almost Three Years During Fourth Quarter 

ATTOM has released its fourth-quarter 2021 U.S. Residential Property Mortgage Origination Report, which shows that 3.27 million mortgages secured by residential property (1 to 4 units) were originated in the […]

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