Tagged: ATTOM

House flips reached their highest level in 17 years, but ROI was lowest since 2008.

Overall activity fell 3% from January 2023; completions up 45% YOY

Refinance mortgage originations hit low point this century.

Numbers still rising gradually since foreclosure moratorium ended in 2021.

Completed foreclosures see first year-over-year decrease.

Nearly half of mortgaged homes remain equity-rich, while level of seriously underwater mortgages remains unchanged.

Profits on typical sales increase between 45% and 51% nationwide.

Overall filings remain well below pre-pandemic levels.

The third quarter saw 92,422 single-family houses and condominiums in the United States flipped.