About CoreLogic Data Research CoreLogic develops this report using up-to-date materials and labor costs. CoreLogic’s team of analysts continuously researches hard costs such as labor, material, and equipment, including mark-ups. CoreLogic updates its database every month accordingly. Our research also covers soft costs, such as taxes and fringe benefits, for reconstruction work performed as part of the insurance industry. CoreLogic monitors demographics and econometric statistics, government indicators, and localization requirements, including market trends from thousands of unique economies throughout the U.S. Other factors in this process include the following: Wage rates for more than 85 union and non-union trades Over 100,000 construction data points Productivity rates and crew sizes Building code requirements and localized cost variables Additionally, we validate cost data by analyzing field inspection records, contractor estimates, phone surveys, and both partial and complete loss claim information. Please complete the online form to provide feedback or request information on any …

A Conversation With Russell McIntyre From Capitol Hill to the mortgage industry, AI is everywhere. It’s even finding its way into the halls of government. But while AI promises innovation, it’s also raising a ton of questions—especially for policymakers. Last year, Congress introduced over 350 AI-related bills, and while many of these bills simply served to spark debate, it’s clear that lawmakers are considering everything from data privacy to mitigating bias in algorithms. Now, with a new Congress in session, the real question is: will AI regulation finally take center stage? Although no property-focused AI bills made it to the floor last session, there’s been plenty of groundwork. From Senate hearings on AI in financial services to conversations about the technology’s impact on housing, policymakers have been laying the foundation for regulation. One theme keeps emerging: the need to balance innovation with fairness. Technology often moves faster than regulation, but …

Teta recognized among the leaders who have impacted the marketplace through new and/or improved CRE technology applications IRVINE, Calif. – Feb. 3, 2025 – ATTOM, a leading curator of land, property data, and real estate analytics, is pleased to announce that Todd Teta, Chief Product and Technology Officer, has once again been named a recipient of the annual GlobeSt. Influencer in CRE Technology award.  This award recognizes the top CRE technology leaders who have the power to change environments, practices or minds. The GlobeSt. 2025 Influencers in Commercial Real Estate program celebrates leaders who are shaping the industry through groundbreaking technology applications. These trailblazers are recognized for their transformative contributions, remarkable achievements, and the innovative solutions and best practices they’ve brought to the commercial real estate market, driving progress and redefining the way the industry operates. As Chief Product & Technology Officer at ATTOM, Teta brings over 20 years of expertise in …

According to ATTOM’s just released Q4 2024 U.S. Home Equity & Underwater Report, in the fourth quarter, 47.7 percent of mortgaged residential properties in the United States were classified as equity-rich. This means the total loan balances secured by these properties did not exceed 50 percent of their estimated market values. WATCH: ATTOM #FiguresFriday – Top 10 Metros with the Highest Percentages of Equity Rich Properties in Q4 2024 The latest home equity and underwater analysis compiled by ATTOM found that figure dipped slightly from 48.3 percent in the third quarter of 2024 and a recent peak of 49.2 percent in the previous three-month period. However, it remained above the 46.1 percent recorded in the fourth quarter of 2023 and continued to reflect historically high levels, highlighting one of the key benefits of the nation’s 13-year housing market boom. ATTOM’s fourth-quarter home equity and underwater report noted that 47.7 percent …

California’s real estate market in 2024 presented a complex mix of affordability challenges, foreclosure activity, and evolving sales trends, according to the latest reports from ATTOM. The Q4 2024 Home Affordability Index revealed mounting pressures on homebuyers, with affordability well below historic benchmarks in many counties due to rising home prices and slower wage growth. Meanwhile, ATTOM’s Year-End Foreclosure Report showcased a stable yet modest increase in foreclosure activity, far removed from the peaks of the housing crisis years. Additionally, key sales trends highlighted shifts in buyer preferences, with increases in cash and institutional investor activity alongside steady reliance on FHA financing. Together, these insights paint a nuanced picture of California’s housing market in a period of economic and market transformation. Home Prices and Affordability The Q4 2024 Home Affordability Index report from ATTOM highlights the affordability challenges facing homebuyers across all counties in California. The data reveals that the …

Profit Margins for Sellers Decrease for Second Straight Year; Typical Seller Return Remains Near Record Highs, But Declines to 54 Percent; Returns Dip Even as National Median Home Price Climbs to $350,000 IRVINE, Calif. – Jan. 23, 2024 — ATTOM, a leading curator of land, property data, and real estate analytics, today released its Year-End 2024 U.S. Home Sales Report, which shows that home sellers made a $122,500 profit on typical sales nationwide in 2024, generating a 53.8 percent return on investment. But even as both measures remained near record levels, and home prices kept rising around the country, the profit margin on median-priced sales nationwide decreased from 56.9 percent from 2023. The drop-off marked the second straight annual decline – a pattern of consecutive downturns that hadn’t happened since the aftermath of the Great Recession in the late 2000s. While the gross profit on median-priced single-family home and condo sales did inch up …