Home seller profits jumped 45% in 2021

Anyone who sold their home last year may have been shocked by the huge profit they made. The average gain realized by home sellers in 2021 came to $94,092, according to a new analysis by ATTOM Data Solutions. That’s up 45% from last year, and 71% from two years ago. Home seller profits jumped in

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Zombie foreclosures rise despite existing moratorium

Research shows that so-called “zombie foreclosures” are emerging in much bigger numbers again as distressed homeowners abandon their properties in the belief that they will soon be repossessed. Around 1.4 million residential homes in the U.S. stood vacant in the second quarter, amounting to 1.4% of all homes, ATTOM Data Solutions said in a new

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Zombie foreclosures decline during COVID-19

The COVID-19 pandemic has not set off a wave of foreclosures, in large part because the government has put moratoriums on foreclosures and banks are offering mortgage forbearance options for homeowners who have lost their jobs. “Zombie foreclosures”—homes that sit vacant—are actually down 3.1% from the first quarter of 2020, ATTOM Data Solutions reports. Further,

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Report: Home flips decline as profits tumble

Investors flipped fewer homes in the second quarter compared to the same period one year ago, mostly due to declining profits. ATTOM Data Solutions said in its 2019 Home Flipping Report that the number of homes flipped in the second quarter was down 5.2% from a year ago, comprising 5.9% of all home sales in

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Surprisingly, home values in disaster-prone areas appreciate faster than others

The median price of a home in an area that’s at risk of a natural disaster such as Hurricane Florence has increased by an average of 40 percent over the last ten years, according to new data from ATTOM Data Solutions.

Buyers are coming up with bigger down payments than ever before

As would-be buyers struggle to compete against each other due to a tigher-than-ever supply of available homes to buy, some are upping the ante by putting down larger down payments

The best neighborhoods ranked by their investment potential

Real estate investors looking for the best neighborhoods would do well to check out this new list from ATTOM Data Solutions.

ATTOM Data Solutions buys Onboard Informatics for its neighborhood data

Real estate data provider ATTOM Data Solutions has acquired a company called Onboard Informatics, which provides neighborhood data as well as data-enabled products to real estate industry companies.

The tide is turning as ‘underwater’ homes dry up

While most homeowners are enjoying seeing the value of their properties appreciate, there’s also good news for some of those who were previously underwater, or owing more on their mortgages than their homes are worth. New data from ATTOM Data Solutions’ third quarter 2017 Home Equity & Underwater report shows that there are now just

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These counties are reaping the biggest rewards for real estate investors

New analysis shows that the town of Clayton, Georgia, in the Atlanta metro area is now the single best bet for real estate investors, offering the highest returns from single-family rental properties in the entire country

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