Returns on Typical U.S. Home Sales Increase Slightly to 56 Percent; Margins Generally Flat Even as Median U.S. Home Price Hits New High During Spring Buying Season; Median Raw Profits Rise Back Over $130,000 IRVINE, Calif. – July 25, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released its second-quarter 2024... Read More »
Some experts think that artificial intelligence (AI) will eventually eliminate the need for real estate agents altogether. It’s a compelling argument; artificial intelligence (AI) has proved itself adept in scanning listings and data, predictive analytics, virtual staging, virtual tours, customer relationship management, valuation models, and... Read More »
According to ATTOM’s newly released U.S. Commercial Foreclosure Report, there has been a steady rise in commercial foreclosures over the years, climbing from a low of 141 in May 2020 to 647 in June 2024. This trend showcases a consistent increase throughout the period. ATTOM’s latest commercial foreclosure activity analysis also noted that Since... Read More »
Commercial Foreclosures Decreased 14 Percent from Last Month but Increased 48 Percent from Last Year; States with the Most Commercial Foreclosures in June 2024 Included California, Texas, and New York IRVINE, Calif. — July 18, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released an updated monthly report on U.S.... Read More »
Property values are always contingent upon the location. Whether it be a home in a desirable neighborhood or a commercial retail space near a sizeable population, as the old adage goes, “Location, location, location.” However, neighborhood data provided by data platforms like ATTOM has taken the application of geospatial data to a whole new... Read More »
According to ATTOM’s just released Midyear 2024 U.S. Foreclosure Market Report, a total of 177,431 U.S. properties had foreclosure filings—including default notices, scheduled auctions, or bank repossessions—during the first six months of 2024. This figure represents a 4.4 percent decrease compared to the same period last year, but a 7.8 percent... Read More »
U.S. Foreclosure Starts Decrease 3.5 Percent in First Six Months of 2024; Average Days to Complete a Foreclosure Up Second Quarter in a Row; June and Q2 2024 Foreclosure Activity Post Annual Declines IRVINE, Calif. — July 11, 2024 — ATTOM, a leading curator of land, property and real estate data, today released its Midyear 2024 U.S. Foreclosure... Read More »