Homes where the loan-to-value ratio is 50% or lower — equity-rich homes — are on the rise, which is good news for homeowners.
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Category: ATTOM
ATTOM: Nearly half of all US properties considered equity-rich
Forty-eight percent of mortgaged homes were equity rich in the fourth quarter of last year.
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CoreLogic: Mortgage delinquencies are down
Foreclosures continue to rise toward pre-pandemic levels, according to new data from CoreLogic, but mortgage delinquencies are down. This is a positive sign, indicating that foreclosures will likely trend downward soon.
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ATTOM: Third-quarter increases in housing costs outpace increases in income
“Homeownership remains largely unaffordable for the majority of homebuyers in the majority of markets across the country,” said Rick Sharga, executive vice president of market intelligence at ATTOM.
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ATTOM: Foreclosure rates returning to pre-pandemic levels
ATTOM’s 2022 U.S. Foreclosure Market Report shows that foreclosure filings are up 118% compared to this time last year.
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Mortgage lending plummets in first quarter of 2022
Mortgage lending took a nose dive across the U.S. in the first quarter of 2022
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Property taxes across the U.S. rose to $328 billion in 2021
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What to do about the affordability crisis?
Inventory shortages, supply chain disruptions and bidding wars that have pushed prices up to record levels are among the numerous factors that have exacerbated the affordable housing crisis that was already in full swing prior to the pandemic.
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U.S. foreclosures are the highest since pandemic’s start
January foreclosure filings were the highest since the start of the pandemic, according to a new report.
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Home sale profits rise to the highest level in 13 years
In 2021, home sale profits rose in more than 90% of the country’s housing markets and reached the highest level since 2008.
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