According to ATTOM’s newly released Q1 2025 Vacant Property and Zombie Foreclosure Report, approximately 1.4 million (1,372,396) residential properties in the United States are currently vacant. This accounts for 1.3% of all homes nationwide, or roughly one in every 76 properties. The vacancy rate remains unchanged from the fourth quarter of last year but has seen a slight increase compared to the previous year. WATCH: ATTOM #FiguresFriday – Top 10 U.S. Metros with the Highest Zombie Foreclosure Rates ATTOM’s latest vacant properties analysis also reveals that that 212,268 residential properties in the U.S. are currently in the foreclosure process in the first quarter of this year. This represents a 1.5% decrease from the fourth quarter of last year and a 12.6% decline compared to the first quarter of 2024. Foreclosure activity has now fallen for five consecutive quarters, following a surge that occurred after the nationwide moratorium on foreclosures—imposed during …

The combined value of U.S. homes climbed to $49.7 trillion in 2024. The total value of homes owned by millennials grew to nearly $10 trillion, representing more than 20% of the U.S. market. Two upstate New York metros—Albany and Rochester—had the fastest growth in aggregate home value, while Florida metros grew more slowly. San Diego and Seattle look set to join eight other metros with homes worth $1 trillion in 2025. The combined value of U.S. homes gained $2.5 trillion in 2024 to reach $49.7 trillion. This is according to an analysis of the Redfin Estimate for more than 98 million U.S. residential properties as of December 31, 2024. This data is subject to revision.  In percentage terms, the total value of the U.S. housing market grew 5.2% year over year. That was the slowest growth in a calendar year since 2019 and the second-slowest since 2011. “There are more …

Only One in 14,700 U.S. Homes Sit Vacant During Foreclosure, Near Five-Year Low; Zombie Foreclosures Virtually Unchanged Quarterly, Down 3 Percent Annually; Trends Hold as Overall Foreclosure Activity Remains Down IRVINE, CA – Feb. 20, 2025 — ATTOM, a leading curator of land, property data, and real estate analytics, today released its first-quarter 2025 Vacant Property and Zombie Foreclosure Report showing that 1.4 million (1,372,396) residential properties in the United States are vacant. That figure represents 1.3 percent, or one in 76 homes, across the nation – the same as in the fourth quarter of last year and up slightly from a year ago. The report analyzes publicly recorded real estate data collected by ATTOM — including foreclosure status, equity and owner-occupancy status — matched against monthly updated vacancy data. (See full methodology below). The report also reveals that 212,268 residential properties in the U.S. are in the process of foreclosure in the …

ATTOM is once again recognized among the companies representing the most innovative and impactful tech organizations in mortgage and real estate. IRVINE, Calif. – Feb. 18, 2025 – ATTOM, a leading curator of land, property data, and real estate analytics, is pleased to announce that it has once again been named a HousingWire Tech100 award recipient for 2025. The Tech100 program honors those companies who represent the most visionary and influential tech organizations in mortgage and real estate. This year, 100 honorees were selected in the mortgage category and 100 in the real estate category, highlighting the cutting-edge solutions shaping the future of housing. The Tech100 Real Estate Award presented to ATTOM honors 100 technology companies that are revolutionizing the home sales process – from home search to lead management solutions, and remote closing to transaction management software. These companies are solving real-world challenges, delivering cutting-edge solutions, and helping real estate professionals navigate …

According to the latest ICE Mortgage Monitor, foreclosure starts hit an 11-month high, but remain below pre-pandemic levels.  In addition, the number of homes for sale in 2024 increased 22% leaving for-sale inventory at its best level since mid-2020.  The ICE Mortgage Monitor provides a view of the current mortgage market, including loan-level performance, home price trends data, secondary market metrics and public records. “While the share of homeowners past due on mortgage payments remains low by historical standards, we expect mortgage performance to become a growing topic of conversation in 2025, especially among FHA and VA mortgages.” ICE Mortgage Monitor ICE Mortgage Monitor ICE Mortgage Monitor Click here to read the full report at ICE Mortgage Technology (formerly Black Knight).   The post ICE Mortgage Monitor – February 2025 appeared first on Real Estate Investing Today.

The U.S. Department of Housing and Urban Development (HUD) announced that they will launch a U.S. Department of Government Efficiency (DOGE) Task Force to review how HUD is spending American taxpayer dollars. According to a release, the task force will be composed of HUD employees who will examine how to best maximize the agency’s budget and ensure all programs, processes and personnel are working together to advance the purpose of the department.  Indeed… “HUD will be detailed and deliberate about every dollar spent to serve rural, tribal and urban communities…Thanks to President Trump’s leadership, we are no longer in a business-as-usual posture and the DOGE task force will play a critical role in helping to identify and eliminate waste, fraud and abuse and ultimately better serve the American people. We have already identified over $260 million in savings and we have more to accomplish.”  Said HUD Secretary Scott Turner. BREAKING …

New listings are up 7.4% from a year earlier, while pending sales are down 6%. Sales are slow mostly because of high home prices and mortgage rates.  In Washington, D.C. and other places with a high concentration of government workers, Redfin agents report some buyers and sellers are changing plans due to uncertainty about their jobs.  In Los Angeles, pending sales rose after five weeks of declines, possibly due to an influx of affluent buyers who lost their homes in recent wildfires.  There are five months of for-sale supply on the market nationwide, up from 4.4 months a year earlier and the most since early 2019. Inventory is piling up because more sellers are listing their homes while fewer buyers are wading into the market.  New listings rose 7.4% year over year during the four weeks ending February 9, hitting their highest level for any comparable time period since 2022. …