Do you work at ATTOM? Claim your profile
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
Median prices inside nearly half of the zones analyzed rose more than 10% quarterly and annually.
Nearly 50% of mortgaged residential properties in the U.S. were considered equity-rich during Q2 2024.
ATTOM reported home sellers earned a 55.8% profit margin during Q2 2024 on typical single-family home and condo sales — a largely unchanged figure.
Foreclosure starts down 17% in June from May, down 22.7% YOY
