Foreclosure Activity Up in May
[ad_1] According to ATTOM Data’s May 2024 U.S. Foreclosure Market Report, there were 32,621 U.S. properties with foreclosure filings in May. This is a 3% increase from the previous month but a 7% decrease from the previous year. The data shows that one in every 4,320 housing units nationally had a foreclosure filing in May. […]
CoreLogic Says Single-Family Home Price Appreciation was 5.3% in April
[ad_1] According to the most recent CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, rose by 5.3% year over year in April 2024, which is consistent with March. However, CoreLogic predicts that by Spring 2025, national price gains will slow to 3.4%, with only a few states seeing increases of more […]
ICE Mortgage Monitor – June 2024
According to the latest ICE Mortgage Monitor (formerly Black Knight), the national delinquency rate eased to 3.09% in April, a 22 basis point improvement over last year. In addition, they report that delinquencies fell to their lowest level since the record low of March 2023. The ICE Mortgage Monitor provides a view of the current […]
Top 10 Counties with the Highest Number of Foreclosure Initiations
According to the April 2024 U.S. Foreclosure Market Report by ATTOM, there were a total of 31,649 U.S. properties with foreclosure filings, which is a 4% decrease from March and a 4% decrease from the previous year. This means that one out of every 4,453 housing units had a foreclosure filing during this period. The […]
Housing’s Contribution to GDP Exceeds 16% for the First Time Since 2022
According to the NAHB’s Eye on Housing, the housing sector’s contribution to the economy reached 16.1% in the first quarter of 2024, exceeding 16% for the first time since 2022. This increase in housing’s share of GDP is attributed to residential fixed investment (RFI) and housing services. RFI includes home building, multifamily development, and remodeling, […]
FHFA reports that home prices have increased by 6.3% compared to last year.
The most recent Federal Housing Finance Agency’s House Price Index (HPI) report shows a 6.3% increase in home prices between January 2023 and January 2024. Additionally, the seasonally adjusted monthly index for January rose by 0.1% from December. The FHFA HPI is a comprehensive collection of house price indexes that track changes in single-family home […]
The fourth quarter of ’23 witnessed a 3.3% increase in GDP.
According to the U.S. Bureau of Economic Analysis, America’s real gross domestic product (GDP) experienced a 3.3% increase in the fourth quarter of 2023. This growth rate is 1.6 percentage points lower than the annualized increase in the previous quarter. For more details, you can read the full report at the U.S. Bureau of Economic […]
Despite profits continuing to rise, the activity of flipping has seen a decline.
The latest U.S. Home Flipping Report from ATTOM reveals that in Q3, 2023, a total of 72,543 single-family houses and condominiums were flipped, accounting for 7.2% of all home sales during that period. ATTOM also reports that investor returns have been increasing for the past three quarters, with margins and raw profits reaching their highest […]
Foreclosure initiations surged in October – Real Estate Investing Today
According to Black Knight’s latest Mortgage First Look, the national delinquency rate decreased by 3 basis points to 3.26% in October. This represents a 9 basis point improvement compared to the same time last year. However, foreclosure starts increased to 33,000 in October, reaching their highest levels in 18 months. Meanwhile, the number of foreclosure […]
Original: U.S. Homeownership & Rental Vacancy Rates for Q3 2023 – Real Estate Investing TodayRewritten: Homeownership and Rental Vacancy Rates in the United States for Q3 2023 – Real Estate Investment News
The U.S. government has released data on national vacancy rates for Q3, 2023. The vacancy rates for rental housing were reported at 6.6%, while for homeowner housing, the rates were 0.8%. The homeownership rate for Q3, 2023 was 66%. Out of all housing units in the United States during this period, approximately 89.6% were occupied […]