U.S. Home Flipping Surges to Record Highs in 2022, But Profits Take a Nosedive According to ATTOM’s latest U.S. Home Flipping Report for the year-end of 2022, the nation witnessed a substantial surge in the flipping of single-family homes and…
U.S. Single-Family Homes See Property Taxes Reach $340 Billion in 2022 According to ATTOM’s comprehensive property tax analysis for 87 million single-family homes across the United States, the total property taxes levied on single-family homes reached $339.8 billion in 2022.…
February Sees First Yearly Decline in U.S. Home Prices Since 2012 In February 2023, the median U.S. home price experienced a notable 1.2% decrease compared to the same period last year, marking the first annual decline in home prices since…
U.S. Home Values Decline by $2.3 Trillion Since Mid-2022 Recent data from national real estate brokerage Redfin reveals a significant downturn in the total value of U.S. homes, amounting to $2.3 trillion, as of the end of 2022. This decline,…
U.S. Rental Market Experiences First Annual Decline in Three Years Recent analysis from Redfin reveals a noteworthy shift in the U.S. rental market dynamics, with the median asking rent dipping by 0.4% year over year to $1,937 in March. This…
March Sees Largest Annual Drop in U.S. Home Prices in Over a Decade In March 2023, the median home price in the United States experienced a significant decline of 3.3%, dropping to $400,528, according to data from national property broker…
Rising Unemployment and Inflation Drive 22% Increase in U.S. Foreclosures Newly released data from ATTOM’s Q1 2023 U.S. Foreclosure Market Report reveals a concerning trend in the housing market. The report indicates a total of 95,712 U.S. properties with foreclosure…
U.S. Existing-Home Sales Experience Modest Decline in March The latest data released by the National Association of Realtors reveals a slight downturn in existing-home sales for the month of March 2023. While sales remained steady in the Northeast, three out…
California’s March 2023 Home Sales Experience a Sharp Decline In March 2023, California’s housing market witnessed a notable downturn, with home sales plunging by 34.2 percent compared to the previous year, as reported by the California Association of Realtors (C.A.R.).…
Profit Margins on U.S. Home Sales Plummet to Lowest Level in Two Years The latest data from ATTOM’s first-quarter 2023 U.S. Home Sales Report reveals a significant decline in profit margins on median-priced single-family homes and condos across the nation.…