ATTOM Data Solutions

Vacant Housing

Vacant Housing

| Article | Market & Trends
ATTOM Data Solutions recently released its Q3 2019 Vacant Property and Zombie Foreclosure Report, which found there are more than 1.5 million (1,530,563) U.S. single-family homes and condos vacant in the U.S. This number represents 1.6 percent of all homes. The report showed there are a total of 9,612 “zombie” ...

Hottest ZIPs for Home Flips

| Article | Market & Trends
ATTOM Data Solutions just released its Q1 2019 Home Flipping report and found that 7.2 percent of all home sales during the first quarter, reached a new high flipping rate, the highest since Q1 2010. The 7.2 percent flipping rate is up from 5.9 percent in the previous quarter and ...
Invest in the Midwest

Invest in the Midwest

| Article | Market & Trends
When the foreclosure crisis hit the nation in 2007, the greatest impact was reported around the periphery of the nation — home prices plunged as jobs were lost and foreclosure levels went through the roof. And investors walked away. However, markets in the middle experienced much less volatility back then ...

Top 10 Metros with the Lowest Property Tax Rate

In a recent analysis by ATTOM Data Solutions on 2018 property taxes, there were a total $304.6 billion property taxes levied on single-family homes in 2018. The report also showed that the average property tax amount on single-family homes in 2018 was $3,498 – an effective tax rate of 1.16 ...

Counties With Most Abundant Foreclosure-Buying Opportunities

There were a total of 624,753 U.S. properties that received a foreclosure filing in 2018, and of those, 230,305 properties were repossessed by a lender, according to the ATTOM Data Solutions 2018 Year-End Foreclosure Activity Report. While bank repossessions (REOs) decreased 21 percent from 2017 and were down 78 percent ...
Opportunity Zones

Opportunity Zones: Prime Investing Opportunities in Amazon HQ2 Markets

The new Opportunity Zones created by the tax reform legislation passed in December 2017 provide real estate investors with prime, tax-incented investing opportunities, particularly if they can find zones that are in the path of progress. The newly announced Amazon HQ2 markets certainly qualify as being in the path of ...
2019 Housing Outlook for Real Estate Investors

2019 Housing Outlook for Real Estate Investors

The U.S. housing market will continue to face headwinds that likely will grow in strength and number in 2019, according to seven leading housing economists interviewed by Think Realty's Housing News Report for our annual housing outlook report. Home affordability challenges exacerbated by rising mortgage rates will slow home price ...

Where to Buy Homes with Least Natural Hazard Risk

Real estate investors who want to avoid property damage caused by natural hazards should be looking in the Rust Belt, according to the ATTOM Data Solutions 2018 U.S. Natural Hazard Housing Risk Index. For the report ATTOM indexed natural hazard risk in more than 3,000 counties and more than 22,000 ...
HousingNewsReport Movers Featured

Top Markets for Movers in Q3 2018

Homeowners are most likely to be moving in the third quarter of 2018 in Chicago, Washington, D.C., Orlando, Tampa-St. Petersburg and Atlanta, according to the latest ATTOM Data Solutions Pre-Mover Housing Index. Using data collected from purchase loan applications on residential real estate transactions, the ATTOM Data Solutions Pre-Mover Housing ...
Neighborhood Housing Index

Best Neighborhoods for Real Estate Buying and Investing

The ATTOM Data Solutions 2018 Neighborhood Housing Index uses new neighborhood boundary data to rank more than 10,000 neighborhood housing markets nationwide based on six factors impacting the hyperlocal housing market: affordability, home price appreciation, school scores, crime rates, unemployment rates and property taxes. The top five U.S. neighborhood housing ...

The Most Underwater and Equity Rich U.S. Housing Markets

More than 5.2 million (5,206,446) U.S. properties were seriously underwater (where the combined balance of loans secured by the property was at least 25 percent higher than the property’s estimated market value) at the end of Q1 2018, down by more than 291,000 properties from a year ago — the ...
Pensacola housing

Pensacola: A Primer on Job Migration to Affordable Housing Markets

| Article | Operations
The Amazon HQ2 bidding war is so huge that hundreds of economic development offices have mailed in their proposals and plans (see the 20 finalists here). Yet Amazon is not the only corporate behemoth looking for a home. There are other big organizations seeking new places to locate or expand ...
The Promise and Pitfalls of Accessory Dwelling Units as an Affordable Housing Panacea

The Promise and Pitfalls of Accessory Dwelling Units as an Affordable Housing Panacea

Apaucity of affordable housing that threatens to inflame a burgeoning homelessness crisis and trigger an exodus of well-paying jobs is forcing local governments to consider creative solutions to this intractable problem. One such solution is to streamline the development of accessory dwelling units (ADUs) in the hopes that real estate ...
The Rise of Infill Development

The Rise of Infill Development

The need for development is on the rise. Whether it’s in the form of a need for more housing, more commercial space, or more retail space, there is always a need for more development. The question has always been, “Where is it best to develop?” A common phenomenon we are ...
How Blockchain Could Transform Property Record Transparency

How Blockchain Could Transform Property Record Transparency

| Article | Operations
This article was originally posted in the April 2018 Think Realty Magazine. It’s hard to go a day without news about Bitcoin these days and it’s easy to understand why. The cryptocurrency Bitcoin’s rapid rise late last year drew a lot of attention from the financial sector, with analysts espousing ...

Affordability Still Out of Reach for Median Wage Earners

ATTOM Data Solutions, released its Q1 2018 U.S. Home Affordability Report, which shows that median home prices in Q1 2018 were not affordable for average wage earners in 304 of 446 U.S. counties analyzed in the report (68 percent). The report determined affordability for average wage earners by calculating the ...
loan originations

Loan Originations Down 19 Percent in Q4 2017

| Article | Market & Trends
ATTOM Data Solutions, released its Q4 2017 U.S. Residential Property Loan Origination Report, which shows more than 1.9 million (1,903,364) loans secured by residential property (1 to 4 units) were originated in Q4 2017, down 20 percent from the previous quarter and down 19 percent from a year ago. 818,158 ...
Flipping Increases to 11-Year High in 2017

Flipping Increases to 11-Year High in 2017

| Article | Market & Trends
ATTOM Data Solutions, released its Q4 and Year-End 2017 U.S. Home Flipping Report, which shows that 207,088 U.S. single family homes and condos were flipped in 2017, up 1 percent from the 204,167 home flips in 2016 to the highest level since 2006 — an 11-year high. The 207,088 homes ...

ATTOM Data Solutions Acquires Onboard Informatics

| Article | Operations
ATTOM Data Solutions, announced it has acquired Onboard Informatics, the leading provider of neighborhood data and data-enabled turnkey products to the real estate industry. “Onboard has a long and accomplished track record as an innovator in enhancing and democratizing neighborhood data assets, paralleling our own mission of powering real estate ...

Foreclosure Rates Lower in Highest-Risk ZIP Codes

ATTOM Data Solutions, released its 2017 Environmental Hazards Housing Risk Index, which shows median home prices in U.S. ZIP codes in the highest 20 percent for environmental hazard risk appreciated at a faster pace than the overall U.S housing market over the past year, past five years and past 10 ...
foreclosure activity

12-Year Low in Foreclosure Activity for 2017

ATTOM Data Solutions, today released its Year-End 2017 U.S. Foreclosure Market Report, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 676,535 U.S. properties in 2017, down 27 percent from 2016 and down 76 percent from a peak of nearly 2.9 million in ...

Infographic: 7 Habits of Effective Flippers

| Article | Operations
Habits are a loop that we create by queues and positive rewards. Real estate investors know that if they find a deal, perform their due diligence (queues) they are rewarded with a positive outcome of a profit of some form, no matter how you have your exit strategy structured (positive ...

Hottest & Coldest Names for Home Buyers

ATTOM Data Solutions released a unique set of data, nothing like what is usually gathered and recorded. In the following maps comes the hottest and fastest declining first names of homebuyers. Much like the lists of top baby names, this list shows the most popular names of buyers and those ...

64 Percent Live Where Cheaper to Rent than Buy

ATTOM Data Solutions, today released its 2018 Rental Affordability Report, which shows buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 U.S. counties analyzed for the report — 54 percent. The analysis incorporated recently released fair market rent data for 2018 from the U.S ...

Median Down Payment for Homes Up in Q3

ATTOM Data Solutions, released its Q3 2017 U.S. Residential Property Loan Origination Report, showing that the median down payment for single family homes and condos purchased with financing in the third quarter was $20,000, up from $18,161 in the previous quarter and up from $14,400 in Q3 2016 to a ...