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Real Estate News – Recent Articles

Profit Margins for U.S. Home Sellers Mostly Unchanged During Second Quarter Despite Renewed Price Spike

Profit Margins for U.S. Home Sellers Mostly Unchanged During Second Quarter Despite Renewed Price Spike

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 »
AI and the Real Estate Agent – The Perfect Partnership

AI and the Real Estate Agent – The Perfect Partnership

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 »
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Top 10 States with the Largest Number of Commercial Foreclosures in June 2024

Top 10 States with the Largest Number of Commercial Foreclosures in June 2024

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 »
U.S. Commercial Foreclosures Decrease in June 2024

U.S. Commercial Foreclosures Decrease in June 2024

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 »
8 Ways Neighborhood Data Influences Property Values and Real Estate Decisions

8 Ways Neighborhood Data Influences Property Values and Real Estate Decisions

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 »
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Top 10 U.S. States Posting Midyear Declines in Foreclosure Filings

Top 10 U.S. States Posting Midyear Declines in Foreclosure Filings

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 »
Foreclosure Activity in First Half of 2024 Down from Previous Year

Foreclosure Activity in First Half of 2024 Down from Previous Year

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 »