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Share of zombie foreclosures spike in 2021 s second quarter
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Zombie Foreclosures Increase 21 Percent Across Nation In Second Quarter Of 2021
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Median Prices Increase Annually During First Quarter Of 2021 In 75 Percent Of Opportunity Zones
Median Values Again Rise At Least 10 Percent in Almost Two-Thirds of Zones; Price Surges Still Keeping Pace With Gains Outside of Zones
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IRVINE, Calif., May 20, 2021 /PRNewswire/ ATTOM Data Solutions, curator of the nation s premier property database, today released its first-quarter 2021 special report analyzing qualified low-income Opportunity Zones established by Congress in the Tax Cuts and Jobs Act of 2017 (see full methodology below). In this report, ATTOM looked at 4,579 zones around the United States with sufficient sales data to analyze, meaning they had at least five home sales in the first quarter of 2021.
Median Prices Increase Annually During First Quarter Of 2021 In 75 Percent Of Opportunity Zones
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CoreLogic: Equity Growth Among Homeowners May Provide Significant Foreclosure Barrier May 17 2021, 6:48AM
Two companies have issued reports on the strong gains
in homeowner equity. Not only is this an indication of building household
wealth and the ability of the housing market to withstand some of the economic
damage of the pandemic according to ATTOM Data Systems in its first quarter U.S
Home Equity and Underwater Report, but the CoreLogic, in a blog entry, says the
equity could help prevent widespread mortgage
defaults and foreclosures as government pandemic support fades.
ATTOM reports that 17.8 million U.S. homes were, in its words, equity rich