Austin Real Estate News
Austin
Zombie Foreclosures in U.S. Decline in Q3, Reaching Lowest Levels Since 2021
Based on ATTOM's newly released third-quarter 2024 Vacant Property and Zombie Foreclosure Report, almost 1.4 million (1,357,423) residential properties in the United States are vacant. That figure represents 1.3 percent, or one in 76 homes, across the nation - roughly the same as in the second quarter of this year.
U.S. Home Sales Uptick in July, First Time in 5 Months
According to recent data from the National Association of Realtors, existing-home sales saw an improvement in July 2024, halting a four-month streak of declines.
Over 2.6 Million Western U.S. Homes at Risk of Wildfire Damage in 2024
Based on the recently released 2024 CoreLogic Wildfire Risk Report, more than 2.6 million homes across 14 states are at moderate to very high risk of wildfire damage during the 2024 wildfire season, with a total reconstruction cost of $1.3 trillion.
U.S. Pending Home Sales Rise 5 Percent in June, First Time in 3 Months
All four U.S. regions posted monthly gains in transactions. Year-over-year, the Northeast, Midwest and South registered declines, while the West increased.
