Zumper’s National Rent Report for April ’25

Brad BeckettNotes

Rental information site Zumper recently released their latest monthly National Rent Report for April, 2025.  According to their data, median rent for 1-bedroom apartments was $1517 (down 0.5%) and $1,901 (down 0.1%) for two-bedrooms. Be sure to check out their list of the top 100 metro areas. “With so much new supply coming online over the past 12 months, we’re seeing renters able to move up market…That movement frees up inventory at lower price points, creating a ripple effect of affordability. However if demand holds steady while new construction continues to taper off, we could see rents pick back up in the second half of the year.”  Said Zumper CEO Anthemos Georgiades Click here to read the full report at Zumper.   The post Zumper’s National Rent Report for April ’25 appeared first on Real Estate Investing Today.

ATTOM Honored as Bronze Stevie® Award Winner in 2025 American Business Awards®

ATTOM TeamNotes

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 …

Top 10 Best and Worst Days to Sell a Home

Megan HuntNotes

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 …

The Best Time to Sell a Home is in May

ATTOM TeamNotes

New study shows home sellers see 9.5 percent premium in May; Annual analysis also looks at best days to sell a home  IRVINE, Calif. – April 30, 2025 – ATTOM, a leading curator of land, property data, and real estate analytics, today released its annual analysis of the best days of the year to sell a home, which shows that based on home sales over the past 10 years, the months of May, February and April offer the highest seller premiums – making this month the time to sell your home. An analysis of more than 47 million single-family home and condo sales between 2015 and 2024 reveals that listing a property in May, February, or April tends to generate the highest seller premiums. The data indicates that the early months of the year not only mark peak home-buying activity but also offer prime opportunities for sellers. For those considering …

The Typical Home Seller Wants $39,000 More Than the Typical Buyer Is Willing to Pay

Lily KatzNotes

The $469,729 median asking price is 9% higher than the $431,057 median sale price—the largest gap since 2020. Market dynamics have shifted in favor of buyers, but sellers have been slow to adjust, which is why list and sale prices are diverging.  The prices home sellers are asking for and the prices homebuyers are paying haven’t been this out of whack since the start of the pandemic.  The typical home for sale is listed for 9% more (or $38,672) than the typical home is selling for—the biggest gap since May 2020. This is based on home listing and sale price data in March, when the typical newly-listed home had a price tag of $469,729—a record high. The typical home that sold last month fetched $431,057—below the June 2024 record high of $442,529. Redfin’s analysis of MLS data covers median sale prices of homes sold during a given month and median …

Home Prices Are Falling in 11 of the 50 Most Populous U.S. Metros, the Most in 19 Months

Dana AndersonNotes

Nationwide, home prices are up 2.1%  year over year, the slowest growth rate in nearly two years.  The median home-sale price declined year over year in 11 of the 50 most populous U.S. metro areas during the four weeks ending April 20. The last time home prices dropped in that many metros was over a year and a half ago, in September 2023. Prices declined most in San Antonio (-3.7%), Oakland, CA (-3.5%), and Jacksonville, FL (-2.2%). The other places where prices fell were Phoenix, Austin, TX, Dallas, Orlando, Sacramento, CA, Fort Worth, TX, Portland, OR and Nashville, TN.  Nationwide, the median home-sale price rose 2.1% year over year, the slowest growth rate since July 2023. Home prices are falling in many major metros–and price growth is decelerating nationally–because many house hunters are backing off, but the number of homes for sale is holding up. Home tours are slowing, mortgage-purchase …

Profit Margins on Home Sales Continue to Drop in First Quarter

ATTOM TeamNotes

Typical home sales profit margin fell to 50 percent, from peak of 64 percent in 2022; Home sales prices remain near historic highs IRVINE, Calif. – Apr. 24, 2025 – ATTOM, a leading curator of land, property data, and real estate analytics, today released its first quarter 2025 U.S. Home Sales Report, which shows that homeowners, on average, made a 50.2 percent profit selling single-family homes and condos during the first quarter of the year. That was down 3.2 percentage points from the previous quarter and down 4.8 percentage points from the first quarter of 2024. The national median profit margin for home sales has declined slightly almost every quarter since the summer of 2022, but it still remains well above pre-pandemic levels. The national median home sale price—whose historic peak was $358,000 in the third quarter of 2024—has held steady for the last two quarters at $355,000. However, the …

U.S. Home Prices Ticked Up 0.2% in March, the Slowest Pace Since 2022

Mark WorleyNotes

Home prices ticked up 0.2% month over month in March, the slowest pace since December 2022. On a year-over-year basis, home prices rose 4.6%, down from 5.1% growth the month before.  It was the 11th consecutive month that annual growth had slowed. Twenty of the 50 most populous U.S. metros recorded a drop in home prices month over month, led by Columbus, OH (-0.7%). U.S. home prices ticked up 0.2% from a month earlier in March on a seasonally adjusted basis, the slowest pace since December 2022. Home prices were up 4.6% on a year-over-year basis, down from 5.1% growth in February. That’s the 11th consecutive month that annual growth has slowed and the first time it dipped below 5% since August 2023. This is according to the Redfin Home Price Index (RHPI), which uses the repeat-sales pricing method to calculate seasonally adjusted changes in prices of single-family homes. The …

The 5 Best APIs for Demographics

ATTOM TeamNotes

Demographic data are used from everything to personalizing website experiences to deciding where to build your next business. Demographic data provide an overview of the population and market characteristics in an area, and where you source that data from matters. The best source for depends on how you plan to use the data, and the questions you are trying to answer to achieve your business goals. Whether you are researching homes sales to find a hot market, average salaries to find a fair compensation structure, or education levels to find certain skills, there is a data provider suited to your purposes. If you are looking for an overview of demographic-related data, here are five of the best API sources. Full disclosure – you’re reading this on ATTOM, so naturally, we’re starting with our own API. But if you’re looking for access to property data, population stats, education levels, ancestry, crime rates, …

Top 10 U.S. Counties with Highest Effective Property Tax Rates in 2024

Megan HuntNotes

 According to ATTOM’s 2024 Property Tax Analysis for 85.7 million U.S. single-family homes, $357.5 billion in taxes were levied in 2024—down 1.6% from 2023. WATCH: ATTOM #figuresfriday Top 10 U.S. Counties with Highest Effective Property Tax Rates in 2024 ATTOM’s latest property tax analysis indicated that the average U.S. single-family home tax bill reached $4,172 in 2024, up 2.7% from the previous year. That growth rate was slightly below the 4.1% increase recorded in 2023. The report found the nationwide average effective tax rate for single-family homes dipped slightly to 0.86% in 2024, down from 0.87% in 2023. Please note that New York was excluded from this year’s analysis due to limited data availability from a third-party source. ATTOM’s 2024 property tax analysis reported that in 2024 the slight decline in effective tax rates across much of the U.S. coincided with a rebound in home values, which rose 4.8% in …