Parcel boundaries are fundamentally important in real estate. Without boundary lines, there’s nothing to define the property and thus nothing to own or to sell. A parcel boundary is also a key starting point when aggregating property data. Without precisely drawn parcel lines, the data has no frame of reference. So, without first establishing accurate parcel boundaries, all subsequent data compiled on the properties can be misleading. Parcel boundary lines are used with other data to: Create user friendly maps; Guage the risk of floods and other hazards; Compare nearby properties for sale; Produce professional marketing pamphlets and reports for clients. Due to their importance, ATTOM invests heavily in digitizing accurate parcel boundaries in the U.S., employing an in-house team of geographic information system (GIS) experts to draw and regularly verify parcel boundaries. What is a US parcel boundary? With the widespread availability of digital maps, it has become easier …
Top 10 U.S. Housing Markets with the Most Foreclosure Starts in March 2025
According to ATTOM’s newly released Q1 and March 2025 U.S. Foreclosure Market Report, there were a total of 35,890 U.S. properties with foreclosure filings in March 2025. That figure was up 11 percent from February 2025 and up 9 percent from March 2024. WATCH: ATTOM #figuresfriday Top 10 U.S. Housing Markets with the Most Foreclosure Starts in March 2025 The foreclosure market report also shows that 93,953 U.S. properties had a foreclosure filing during the first quarter of 2025 — an 11 percent increase from the previous quarter but a 2 percent decrease compared to a year ago. The analysis stated that nationwide, one in every 1,515 housing units had a foreclosure filing in Q1 2025. The states with the highest foreclosure rates were Delaware (one in every 761 housing units), Illinois (one in 857), Nevada (one in 874), Indiana (one in 976), and South Carolina (one in 1,021). The …
U.S. Foreclosure Activity Increases Quarterly in Q1 2025
Foreclosure Starts See Quarterly Increase of 14 Percent; Bank Repossessions Up 8 Percent from Previous Quarter IRVINE, Calif. — April 10, 2025 — ATTOM, a leading curator of land, property, and real estate data, today released its Q1 2025 U.S. Foreclosure Market Report, which shows a total of 93,953 U.S. properties with a foreclosure filings during the first quarter of 2025, up 11 percent from the previous quarter but down 2 percent from a year ago. The report also shows a total of 35,890 U.S. properties with foreclosure filings in March 2025, up 11 percent from the previous month and up 9 percent from a year ago. “Following three consecutive quarters of decline, foreclosure activity ticked up in the first quarter of 2025, with notable growth in both starts and completions,” said Rob Barber, CEO at ATTOM. “While levels remain below historical averages, the quarterly growth suggests that some homeowners may …
HousingWire Selects Data Scientist Lindsay Otto as 2025 Rising Star
Otto recognized among the next generation of leaders making a significant impact on the housing industry IRVINE, Calif. – April 7, 2025 – ATTOM, a leading curator of land, property data, and real estate analytics, is pleased to announce that Lindsay Otto, Data Scientist for ATTOM, has been named a recipient of the 2025 HousingWire Rising Star award, recognizing the standout professionals — all 40 years old or younger — that are driving innovation, transforming their organizations, and shaping the future of real estate, mortgage, and fintech. Otto is featured on this year’s list honoring 100 standout leaders ages 40 and under who are shaping the future of the mortgage, real estate, and fintech industries through innovation, expertise, and leadership. She is selected for demonstrating a passion for leadership, innovation, and making a lasting impact — not only within ATTOM but across the broader housing landscape. This year’s Rising Stars were selected …
Top 10 States with the Highest Home Flipping Returns in 2024
According to ATTOM’s Year-End 2024 U.S. Home Flipping Report, 297,885 single-family homes and condos were flipped across the United States in 2024. This represents a 7.7% decline from the 322,782 homes flipped in 2023 and a 32.4% decrease from the recent peak of nearly 441,000 flips in 2022. WATCH: ATTOM #figuresfriday – Top 10 States with the Highest Home Flipping Returns in 2024 The report stated that in 2024 homes flipped nationwide were sold for a median price of $315,000, yielding a gross flipping profit of $72,000 above the median original purchase price of $243,000. This gross profit increased from $67,846 in 2023 but remained slightly lower than the $72,750 recorded in 2022, which was the second-highest level of the century. As highlighted in the home flipping analysis, gross profits increased in 141 of the 213 U.S. metropolitan areas with enough data to analyze — representing 66 percent of those …