According to ATTOM’s just released Q1 2025 U.S. Home Equity & Underwater Report, 46.2 percent of mortgaged residential properties nationwide were equity-rich—defined as having combined loan balances amounting to no more than 50 percent of the property’s estimated market value. WATCH: ATTOM #figuresfriday Top 10 Equity-Rich ZIPs in Q1 2025 The latest home equity and underwater analysis compiled by ATTOM found the share of equity-rich homes declined from 47.7 percent in Q4 2024 and has fallen each quarter since peaking at 49.2 percent in Q2 of last year. Despite the decline, the rate remains historically high—nearly double the level seen in Q1 2020. ATTOM’s first-quarter home equity and underwater report noted that the decline in equity-rich properties was widespread, with 47 states seeing decreases from Q4 2024 to Q1 2025. However, compared to a year ago, the rate was still higher in 33 states —underscoring that this recent dip is …

Americans are purchasing one-third as many vacation homes as they were during the pandemic buying boom. High prices and mortgage rates, along with the return of in-office work, have made the prospect of owning a second home less appealing than it once was.   U.S. homebuyers took out 86,604 mortgages for second homes in 2024, the lowest level in records dating back to 2018 and down 5% from a year earlier.  This is according to a Redfin analysis of Home Mortgage Disclosure Act (HMDA) data covering purchases of second homes, primary homes and investment properties from 2018 to 2024. The term “vacation home” is used interchangeably with “second home” in this report. There are more details on methodology at the end.  While mortgages for second homes dipped to a six-year low in 2024, the rate of decline slowed substantially from the two years prior. In 2022, second-home mortgages fell 42% year …

With new listings rising and pending sales declining, Redfin agents suggest sellers set their asking price fairly from the start to attract buyers and avoid price drops.  The median U.S. monthly housing payment hit an all-time high of $2,868 during the four weeks ending May 4. That’s due to two key factors: Home-sale prices are up 1.8% year over year, and the weekly average mortgage rate is 6.76%, down slightly from mid-April but elevated well above pandemic-era lows.  Those record-high housing costs, along with widespread economic uncertainty, are stunting this spring’s homebuying season. Mortgage-purchase applications increased last week, but they’re down 6% month over month. Additionally, pending home sales are down 3.9% year over year, the biggest decline in three months. A holiday effect is also pushing down sales; Easter fell into this year’s four-week period, but not last year’s comparable period. Still, some house hunters are hitting the pavement. …

ATTOM recognized among the companies powering innovation in data delivery IRVINE, Calif. – May 5, 2025 – ATTOM, a leading curator of land, property data, and real estate analytics, is pleased to announce that ATTOM has been named a recipient of a Bronze Stevie® Award in the 2025 American Business Awards®. The award honors ATTOM’s New Products and Solutions in the category of Business Information or Data Delivery Solution, highlighting its role in transforming how real estate and related industries access and act on property data. The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small. Nicknamed the Stevies for the Greek word meaning “crowned,” the awards will be presented to winners at a gala ceremony at the Marriott Marquis Hotel in New York on Tuesday, June 10. Tickets are now …

ATTOM’s newly released Best Days to Sell A Home Analysis reveals that based on home sales from the past 10 years, sellers tend to see the highest premiums in May, February, and April—making this month one of the most profitable times to list a home. WATCH ATTOM #figuresfriday – Top 10 Best and Worst Days to Sell a Home According to ATTOM’s latest analysis of over 47 million single-family home and condo sales from 2015 to 2024 properties listed in May, February, or April typically earn the highest seller premiums. These early months of the year align with peak home-buying activity, presenting a strong opportunity for homeowners looking to sell. In this post we dive into the data behind the latest ATTOM analysis to uncover the top 10 days of the year, with 100,000 or more single-family and condo sales, where home sellers are seeing the highest premiums above market …