The median monthly mortgage payment reached a record high this week, putting a lid on pending home sales. New listings, on the other hand, are improving.  The typical U.S. homebuyer’s monthly housing payment hit an all-time high of $2,807 during the four weeks ending March 23, up 5.3% from a year earlier.  Housing costs are soaring for two reasons. One, sale prices keep rising; the median home-sale price is up 3% year over year. Two, the average weekly mortgage rate is 6.67%—more than double pandemic-era lows. But rates have dropped from an eight-month high of 7.04% in January; monthly payments would be even higher if not for the recent decline in rates.  High costs are putting a lid on home sales. Pending home sales are down 4.6% year over year, in line with the declines we’ve seen over the last few months. But as we enter spring, some house hunters …

Want to know who owns a property? The last time a home was sold? Details about the property and if the owner has a mortgage? There’s a way to find this out when doing market analysis: Look at real estate deed data. Deeds, a legal document that records the transfer of ownership, are must-see documents for real estate professionals looking for key information about a property—and those documents are public records that can be viewed by anyone. Real estate deeds are recorded after almost every real estate transaction, and the record is almost always archived in a county recorder’s office. That said, there are several reasons why investors and real estate professionals should consider obtaining real estate deed data from a third-party data provider, like ATTOM. The information that deeds contain can be useful for many purposes, including: For property investors and real estate companies researching properties and their owners; …

ATTOM Data recently released their Q1 2025 Single-Family Rental Market report, which ranks the best U.S. markets for buying single-family rental properties in 2025.  According to the report, the average annual gross rental yield on three-bedroom properties, (annualized gross rent income divided by purchase price) among the counties analyzed is projected to be 7.45% in 2025.  In addition, ATTOM says investment returns for landlords are slipping as home prices are going up faster than rents across slightly more than half the country.  Their data show that from 2024 to 2025, median single-family home prices rose more than median three-bedroom rents in 54%, of the markets analyzed. “The fallout from rising single-family home values is proving beneficial for long-time landlords, as increasing property prices drive rents higher. However, for new investors entering the rental market, conditions are becoming more challenging nationwide…Unless home prices stabilize or more properties become available for sale, …

Young Americans are also tracking behind their parents’ generations; for instance, 33% of 27-year-olds own their home today, compared to 40% of baby boomers when they were 27.  Young Americans are losing their momentum when it comes to homeownership. Just over one-quarter (26.1%) of Gen Zers owned their home in 2024, essentially flat from 2023 (26.3%) and 2022 (26.2%). Before that, the Gen Z homeownership rate had increased each year since Gen Zers started aging into potential homeownership in 2017 (except 2022, when it stayed flat). The story is similar for millennials: 54.9% of millennials owned their home last year, essentially unchanged from 2023, when it was 54.8%. Prior to 2024, the millennial homeownership rate had increased each year since 2012.  Gen Zers were 12-27 years old in 2024 (born 1997-2012); only adult Gen Zers (19-27 years old) were included in this analysis. Millennials were 28-43 (born 1981-1996) in 2024, …

House hunters are touring homes and applying for mortgages as rates stay below 7%, but prospective buyers aren’t always following through with a purchase.  The typical U.S. homebuyer’s monthly housing payment is $2,793, just a few dollars shy of the all-time high.  Housing payments are sky-high for two reasons. One, sale prices keep rising; the median home-sale price increased 3.3% year over year during the four weeks ending March 16. Two, the weekly average mortgage rate is 6.65%, more than double pandemic-era lows–though it has declined to its lowest level since mid-December. Lack of affordability is suppressing homebuyer demand, even as we get tantalizingly close to spring. Pending home sales are down 5.2%, on par with the annual declines we’ve seen for the last two months. But there are signals that house hunters are stepping off the sidelines, even if they’re not  following through with a purchase yet. Redfin’s Homebuyer …

New York and Los Angeles are the only metro areas where the majority of households rent. Renting is least common in Cape Coral, FL and Dayton, OH. Roughly three-quarters of major metros have seen an increase in wealthy renters since 2019, another recent Redfin analysis found. The number of renter households in America increased 0.8% year over year to 45.4 million in the fourth quarter—the slowest growth since the first quarter of 2023. The number of homeowner households rose 0.8% to 86.9 million—a growth rate that’s little changed from recent quarters.  That marks the first time in over a year that the number of renter and homeowner households are increasing at the same rate. Prior to this, the number of renter households had been growing faster for four-straight quarters. This is based on a Redfin analysis of U.S. Census Bureau data going back to 1994. A renter household is defined …

Points of interest data go beyond a pin on Google Maps with an accompanying list of local landmarks like restaurants, grocery stores, and metro stations. While consumers rely on mapping technology and GPS to navigate life on our mobile devices, businesses are using POI data just as extensively to make operational, marketing, and investment decisions. This guide explores point of interest (POI) data, how they are generated and integrate with location data, and how every industry uses POI data for strategic decision-making. What Are Points of Interest (POI) Data? A point of interest (POI) is a landscape or geographic feature displayed digitally on a map, such as a restaurant, school, hospital, neighborhood, park, or transportation hub. POI data are most recognizable for their use with geographic information systems (GIS), mapping tools, and GPS navigation systems. For example, if you’re traveling by car, you might use your GPS to locate restaurants …

According to ATTOM’s newly released Q1 2025 Single-Family Rental Market Report, the projected annual gross rental yield for three-bedroom properties across 361 analyzed counties will be 7.45% in 2025. This represents a slight decrease from the 2024 average of 7.52% in the same markets. Rental yields are expected to decline in nearly 60% of these counties from 2024 to 2025, following a period of growth in a small majority of counties between 2023 and 2024. WATCH: ATTOM #figuresfriday- Top 10 COUNTIES for Buying Single-Family Rentals in 2025 According to the report, landlords are seeing declining investment returns as home prices outpace rent growth in slightly more than half of the country. Between 2024 and 2025, median single-family home prices increased faster than median rents for three-bedroom properties in 54% of the analyzed markets. These price-rent gaps—often exceeding three percentage points—have contributed to a decline in rental yields. ATTOM’s latest single-family …

Highest Potential SFR Returns in New York City, Atlantic City, Birmingham, Mobile and Odessa areas; Best Yields Concentrated in Midwest and South, Lowest in West; Rental Profit Margins Decreasing in More Than Half of Nation  IRVINE, Calif. – Mar. 13, 2025 —  ATTOM, a leading curator of land, property data, and real estate analytics, today released its Q1 2025 Single-Family Rental Market report, which ranks the best U.S. markets for buying single-family rental properties in 2025. The report analyzed single-family rental returns in 361 U.S. counties with sufficient rental and home-price data. The analysis for this report incorporated median rents and median home prices collected from ATTOM’s nationwide property database, as well as publicly recorded sales deed data licensed by ATTOM (see full methodology below). The report shows that the annual three-bedroom gross rental yield (annualized median gross rent income divided by median purchase price) among the 361 counties analyzed is projected …