ATTOM

In The News

Illinois, New Jersey And Delaware Have Most Markets At Elevated Risk From Pandemic Fallout

PROGRESS In Lending , 

ATTOM released its third-quarter 2021 Special Coronavirus Report spotlighting county-level housing markets around the United States that are more or less vulnerable to damage from the ongoing Coronavirus pandemic still endangering the U.S. economy. The report shows that New Jersey, Illinois and Delaware had the highest concentrations of the most at-risk markets in the third quarter – with the biggest clusters in the New York City and Chicago areas – while the West remained far less exposed.

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In The News

Home Affordability Slips Again For Average Workers Across U.S.

PROGRESS In Lending , 

ATTOM released its third-quarter 2021 U.S. Home Affordability Report, showing that median-priced single-family homes are less affordable in the third quarter compared to historical averages in 75 percent of counties across the nation with enough data to analyze. That is up from 56 percent of counties in the third quarter of 2020, to the highest point in 13 years, as home prices have increased faster than wages in much of the country.

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In The News

Foreclosure Starts Increase 27 Percent From Last Month

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ATTOM released its August 2021 U.S. Foreclosure Market Report, which shows there were a total of 15,838 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 27 percent from a month ago and up 60 percent from a year ago. Numbers reflect the first month since the government moratorium has lifted.

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In The News

Condo Prices Rise At Least 20 Percent In Majority Of Oceanfront Counties

PROGRESS In Lending , 

ATTOM released a special report looking at condominium sales and prices in oceanfront counties around the U.S. The report, following up on the June 2021 collapse of the beachfront Champlain Towers South condominiums in Florida, shows that median condo values and price increases in oceanfront counties in the second quarter of 2021 closely tracked national trends.

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In The News

Mortgage Lending Slows Amid Retreat In Refi Activity

PROGRESS In Lending , 

ATTOM released its second-quarter 2021 U.S. Residential Property Mortgage Origination Report, which shows that 3.78 million mortgages secured by residential property (1 to 4 units) were originated in the second quarter of 2021 in the United States. That figure was up 29 percent from the second quarter of 2020, but down 3 percent from the first quarter of this year.

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In The News

Opportunity Zone Redevelopment Areas Still Reaping Benefits of National Home-Price Boom

PROGRESS In Lending , 

ATTOM released its second-quarter 2021 Opportunity Zones report analyzing qualified low-income zones established by Congress in the Tax Cuts and Jobs Act of 2017. In this report, ATTOM looked at 5,236 zones across the United States with sufficient sales data to analyze, meaning they had at least five home sales in the second quarter of 2021.

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