ATTOM Insight - November 2024
Welcome to ATTOM Insights for November 2024
Below you will get a quick recap on the latest housing market press releases, from the release of our quarterly opportunity zones report, foreclosure market report, best days to buy a home report, quarterly loan origination report and other noteworthy insight that occurred in November 2024.
Opportunity Zone Housing Markets Still Keeping Up With Broader Nationwide Price Gains During Third Quarter
The third-quarter 2024 Opportunity Zones Report found that median single-family home and condo prices increased from the second quarter of 2024 to the third quarter of 2024 in 53 percent of Opportunity Zones around the country with enough data to measure. They were up annually in 61 percent of those zones.
Read the full press release here.
U.S. Foreclosure Activity Increases in October 2024
The October 2024 U.S. Foreclosure Market Report shows there were a total of 30,784 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 4 percent from a month ago but down 11 percent from a year ago.
Read the full press release here.
ATTOM Reveals Best Day to Buy a Home Based on Lowest Premium Above AVM
The annual analysis highlighting the best days of the year to purchase a home report found that while November offers a 7.3 percent premium, it remains the lowest premium for buyers. Additionally, December 4 stands out as the single best day to buy a home.
Read the full press release here.
U.S. Mortgage Lending Rises in Q3 2024 Amid Refinancing Surge, But Remains Below Historic Highs
The third-quarter 2024 U.S. Residential Property Mortgage Origination Report shows that 1.67 million mortgages secured by residential property (1 to 4 units) were issued in the United States during the third quarter. That led to modest quarterly and annual increases of 1.9 percent.
Read the full press release here.
Subscribe for More
Be the first to know. Subscribe to ATTOM's newsletter and get weekly housing market updates, upcoming events, webinars, industry insights, and expert analysis delivered directly to your inbox. Stay ahead of the curve and gain a competitive edge in the dynamic world of real estate by subscribing today.