While home equity levels remained relatively flat, equity rich properties now make up 48% of all mortgaged properties.
Read More »The Average Home Seller Nets Over $110K in Profit
Both raw profits and return on investment have improved nationwide for 11 straight years, shooting up again in 2022 as the national median home price increased 10% to $330,000—another annual record.
Read More »Renting and Owning Unaffordable for Average Wage Workers
“Renting is more affordable in the majority of markets, despite rental rates continuing to rise over the past year,” said Rick Sharga, EVP of Market Intelligence for ATTOM.
Read More »As Home Prices Slow, Affordability Remains Dismal
“Now that home prices have plateaued and even declined in some markets, buyers are faced with mortgage rates that have doubled, making home purchases even less affordable,” said Rick Sharga, EVP of Market Intelligence at ATTOM.
Read More »Refinance Activity Sinks Amid Rising Rates
Refinance lending sunk 36% in the second quarter, mainly caused by rising rates. Click through to see the latest numbers and get insights from ATTOM’s Rick Sharga on the news.
Read More »Profit Margins on Homes Dive in Q1
Median-priced home sale profits in the first quarter dropped from 51.6% to 47.2%, the first drop since 2019, and the largest since 2011.
Read More »Q4 Lending Drops at Fastest Pace in Three Years
Mortgage lending has now dropped in the second, third, and fourth quarters of 2021 with 3.27 million residential mortgages being secured in the fourth quarter, a figure that ...
Read More »Booming Market Furthers Rise in Homeowner Equity
Due to a steep rise in home values, nearly one-half of mortgage holders are now in an equity-rich position.
Read More »How Much Do Homeowners Spend On Home Costs?
The average homeowner spent more than a quarter of their annual income on their mortgage, taxes, and insurance.
Read More »‘Highly Unusual’ Quarterly Increase in Lending Activity
The home-mortgage industry almost always slows down in winter, but not this year—experts explain why.
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