Irvine Real Estate News
Irvine
U.S. Home Foreclosures Down 13 Percent Annually in Q3
According to ATTOM's newly released Q3 2024 U.S. Foreclosure Market Report, a total of 87,108 U.S. properties had foreclosure filings in the third quarter of 2024, representing a 2 percent decrease from the previous quarter and a 13 percent decline from the same period last year.
Homeownership Expenses Consume 34 Percent of Average Wages in U.S.
ATTOM Data's latest U.S. Home Affordability Report for the third quarter of 2024 reveals that single-family homes and condos across the nation remain less affordable compared to historical averages in 99% of counties with sufficient data.
California Home Sales Hit 7 Month Low in August, Despite Lower Rates
New data from the California Association of Realtors shows that California's statewide home sales hit a seven-month low in August 2024, as buyers paused despite mortgage rates reaching their lowest point since spring 2024.
U.S. Foreclosures Jump 15 Percent Month Over Month in July
Based on ATTOM's newly released July 2024 U.S. Foreclosure Market Report, there was a total of 31,929 U.S. properties with foreclosure filings - default notices, scheduled auctions or bank repossessions -- up 15 percent from a month ago (June 2024), and up slightly by .2 percent from a year ago.
