Page 7 - Rob Barber News Today

Foreclosure Starts Down 12 Percent from Last Month; But Completed Foreclosures Up 4 Percent

/PRNewswire/ -- ATTOM, a leading curator of land, property, and real estate data, today released its second-quarter 2023 report analyzing qualified low-income...

ATTOM, a leading curator of land, property, and real estate data, today released its July 2023 U.S. Foreclosure Market Report, which shows there were a total of 31,877 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — down 9 percent from a month ago but up 5 percent from a year ago.

Maryland, New Jersey, Delaware led the nation in foreclosure filings in July.

The percentage of equity-rich homes hit 49% in the second quarter, rebounding after a decline earlier in the year.

/PRNewswire/ -- ATTOM, a leading curator of land, property, and real estate data, today released its second-quarter 2023 U.S. Home Equity & Underwater Report,...

From Bloomberg: Equity-rich mortgages — those that have a loan-to value ratio of 50% or lower, meaning the mortgage holder's equity stake is at least half the property's worth — made up some 49% of the national total in the second quarter of this year, according to a report by Attom, a real estate data provider.

Home price gains push seller profits back up to near-decade-high

Home sellers did well for themselves in the second quarter.

People who take the risk of flipping homes did very well in the second quarter.