Most foreclosure buyers are local community developers renovating and reselling to owner-occupants. Daren Blomquist of Auction.com examines this market segment and others taking part in home auctions nationwide.
Read More »Foreclosure Filings Up 160% YoY
ATTOM Data, a real estate data company, has released its latest iteration of the Foreclosure Market Report for April 2022 which has found that there were a total of 30,674 properties with foreclosure filings against them, down 8% from March ...
Read More »Homeowners Paid a Collective $328B in Property Taxes in 2021
Property taxes are a given for most people in the country, and as with everything else, increases happen every year. To quote Benjamin Franklin, “nothing is certain except death and taxes.” According to ATTOM Data’s 2021 Property Tax Analysis, single-family ...
Read More »How Remote Bidding Technology Empowers Local Community Developers
Daren Blomquist of Auction.com explains how smaller-volume local buyers can better compete with institutional investors, whose capital and resources have historically given them the upper hand at in-person foreclosure auctions.
Read More »Snowy Vacation Homes Near Resorts Outperform the Average Home
The allure, flexibility, and outright necessity of remote work during the pandemic bought major shifts to the housing market starting in 2022. Affluent Americans took advantage of market conditions to move out of pandemic hotspots (mainly cities) and flocked to ...
Read More »Investor Sentiments Predict Tight Inventory, Inflation into 2022
The latest edition of the RealtyTrac Investor Sentiment Survey has confirmed something many investors already knew: the real estate market is in a worse place than it was a year ago. The survey by RealtyTrac, a property information company, found ...
Read More »Underwater Homes on the Decline
The most recent edition ATTOM’s U.S. Home Equity & Underwater Report for the fourth quarter shows that nearly half of mortgaged residential properties were considered “equity-rich” meaning that the remaining balance of a mortgage was no more than 50% of their ...
Read More »Home Sellers Banking Record Profits
A new report has found that a profit of $94,092 on median-priced homes 2021 represented a 45.3% ROI compared to the original purchase price.
Read More »Q4 Analysis Shows Homes Continue to Become Less Affordable
The year is up and as the first bits of data for the fourth quarter of 2021 begin to come in, new data shows that home affordability hit a new low last year in a majority of counties across the country due to surging real estate prices and ...
Read More »Real Estate Investors Getting More Bang for Their Buck
Investors are buying up more real estate and paying less for it, as a new report finds investors now account for 15% of all residential property purchases.
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