Profit Margins on Typical Home Sales Nationwide Decrease to 55 Percent; Returns Slip Downward as Median U.S. Home Price Slumps 4 percent; IRVINE, Calif. – Apr. 25, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released its first-quarter 2024 U.S. Home Sales Report, which shows that profit margins on median-priced... Read More »
According to ATTOM’s newly released U.S. Commercial Foreclosure Report, there is a persistent uptrend in commercial foreclosures over the years, starting from a minimum of 141 in May 2020 and reaching 625 in March 2024. This signifies a consistent rise over the entire period. ATTOM’s latest commercial foreclosure activity analysis also noted that... Read More »
Commercial Foreclosures Increased 6 Percent from Last Month and 117 Percent from Last Year; States with the Most Commercial Foreclosures in March 2024 Included California, New York and Florida IRVINE, Calif. — April 17, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released an updated monthly report on U.S.... Read More »
With so much competition across the insurance markets, insurers need to find new ways to help draw in new customers and improve the experience of existing ones — from providing the most competitive rates to offering additional benefits. Another way insurers can help convert more prospects and improve customer satisfaction rates is by offering the... Read More »
According to ATTOM’s newly released Q4 and March 2024 U.S. Foreclosure Market Report, there were a total of 95,349 U.S. properties with foreclosure filings in the first quarter. That figure was up 3 percent from the previous quarter but down less than 1 percent from a year ago. ATTOM’s latest foreclosure activity analysis reported that nationwide... Read More »
Foreclosure Starts See Quarterly Increase of 2 Percent; Bank Repossessions Up 7 Percent from Previous Quarter IRVINE, Calif. — April 11, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released its Q1 2024 U.S. Foreclosure Market Report, which shows a total of 95,349 U.S. properties with a foreclosure filing during... Read More »
With February home foreclosure activity up 8% vs. a year ago, understanding a borrower’s willingness and ability to stay current on their mortgage and out of default becomes even more critical for mortgage lenders. While total foreclosures remain low by historic standards – 2023 saw 357,062 total foreclosure filings or 0.26% of all US housing... Read More »