Page 13 - Attom Data News Today

Monster in your mailbox: Property tax bills are soaring along with home prices Nationwide property taxes grew twice as fast in 2020. A surge in home sales prices is fueling a jump in average single-family home property taxes.(Amy Sancetta / AP) Even if you aren’t house shopping, get ready for some sticker shock. With home prices rocketing higher in Dallas-Fort Worth during the last year, it’s not just home costs that are headed higher. Property tax appraisals will see a jump, too. Single-fa...

Homes remain affordable for many Ohioans, despite rising prices Jim Weiker, The Columbus Dispatch © AL BEHRMAN, AP ** ADVANCE FOR USE SUNDAY, AUG. 2, AND THEREAFTER ** In this July 24, 2009 file photo, a sold sign is posted outside a home in Cincinnati. Nationwide, home resales are up 9 percent from January, on a seasonally adjusted basis, while new home sales have climbed 17 percent. And construction, while still anemic, has risen almost 20 percent.(AP Photo/Al Behrman) Desp...

Buying a home in Ohio more affordable than in many other U.S. metro areas Because of their relatively low home prices, Ohio metro areas were among the most-affordable cities in the nation. In Cuyahoga County (Cleveland), a typical home required 14.4% of typical wages; in Summit County (Akron), 14.8%; in Allen County (Lima), 13.5%; in Montgomery County (Dayton), 16.3%; in Lucas County (Toledo), 14.9%; in Mahoning County (Youngstown), 15%; and in Hamilton (Cincinnati), 19.3%. In Franklin Count...

When they bought the house in 2017, “our rate was 3.875 percent, the lowest I had seen,” said Jordan Chalmers, a real estate agent. Meg Chalmers is a speech therapist. In October they refinanced at 2.99 percent, at the same time switching from a 30-year mortgage to a 25-year. “We dropped $300 a month and five years,” Jordan Chalmers said. Nationwide, refinancing was up about 71 percent during 2020, according to Attom. It doubled during the year in a few other big cities: Seattle (up 107...

Inman Connect This month, we’ll talk to mortgage leaders about where the market is headed and how products are evolving digitally to suit buyers’ needs now. We’ll also explore emerging alternative financing options that are changing the game for buyers and sellers. Join us for Mortgage and Alternative Financing Month. A total of 3.51 million residential mortgages were originated during the fourth quarter of 2020 across the U.S., according to a new report from Attom Data Solutions. That nu...

While foreclosure moratoria keep the overall numbers down, zombie foreclosure rates jumped in the majority of states, according to Attom Data Solutions.

The establishment of U.S. Treasury-certified opportunity zones in Forsyth County in May 2018 continues to provide mixed results to residential markets in six census tracts reviewed in a report released this week by Attom Data Solutions. Opportunity zones are economically distressed census tracts qualified to receive private investments through a new vehicle known as opportunity funds. The goal is connecting those tracts with investors, offering tax credits and other tax incentives to get invest...

The housing market’s boom led to more borrowers building home wealth but the pandemic’s negative impact brings concern for underwater owners, according to Attom Data Solutions.

Dallas-Fort Worth home sellers had a record return in 2020. Sellers gained an average $84,553 in home trades last year, according to a new study by Attom...

Housing: A first order of business for Biden Michele Lerner, The Washington Post Jan. 28, 2021 FacebookTwitterEmail Ramping up the availability of coronavirus vaccinations and addressing the fiscal crisis facing many Americans - including housing issues - are the current priorities for President Joe Biden and his administration. An array of potential new housing policies proposed during his campaign could help first-time buyers, increase the affordability of housing and address discrimination....