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Median-priced homes and condos are less affordable than historical averages in 99% of analyzed counties nationwide.
Profit margins improved in the second quarter for the fourth time in five quarters, with a typical gross return of 30.4%
August 2024 saw 30,227 U.S. properties with foreclosure filings.
Residential loans increased 23% quarterly, but total residential lending activity is down 1.6% from Q2 2023 and down 61.2% from 2021's peak.
ATTOM attributes the decline in foreclosure rates and the low number of zombie foreclosures to high homeowner equity.
July 2024 saw 31,929 properties with foreclosure filings, with the greatest numbers of foreclosure starts in California, Florida, and Texas