Tag Archives: marketing

Americans and Their Passwords: It’s Complicated!

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Source: Statista

Aside from presenting its big push into AI, Apple also unveiled a new Passwords app as part of its upcoming software releases. Built on the foundation of Keychain, the new app will enable users to store and access passwords, passkeys and other login credentials across Apple devices and on Windows PCs, helping them manage the multitude of logins that our digital lives require.

With the new tool, Apple is addressing a problem that many people have these days, as they’re forced to perform a balancing act between picking passwords that are safe and still somehow easy enough to remember. According to a recent Pew Research Center survey, 69 percent of U.S. adults feel overwhelmed by the numbers of passwords they have to keep track of, and 41 percent always or often write down their passwords – a practice that is not recommended by security experts.

Password managers such as Apple’s new app can help address this problem, but so far they’re not so far spread. According to Pew’s findings, just 32 percent of respondents used a password manager at the time of the survey in May 2023, up from 20 percent in 2019.

Infographic: Americans and Their Passwords: It's Complicated! | Statista

70% of Real Estate Agents Oppose NAR Settlement Changes

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Stark differences emerge between real estate agents and the public as both groups prepare for the biggest home-buying and -selling change in decades.

St. Louis, MO – June 11, 2024 (PRNewswire) Although two-thirds of the general public (67%) support upcoming changes to real estate commissions, 70% of real estate agents oppose them, according to a new survey from Clever Real Estate, a St. Louis-based real estate company.

61% of Americans agree with the primary argument of the lawsuit, asserting that home sellers covering the buyer’s agent commission is unfair and anti-competitive. However, 89% of agents believe the lawsuit’s allegations lack validity.

An overwhelming 71% of surveyed agents anticipate negative repercussions stemming from the NAR settlement, while the public is almost evenly split, 40% negative to 39% positive.

Only 15% of agents believe the changes will have a positive impact on their business, while 58% expect negative results.

Of the agents who believe the settlement will have a negative impact, 88% think it will discourage first-time buyers from entering the market. 82% of Realtors believe the commission changes will hurt buyers, while 42% believe the changes will also negatively impact sellers.

How do you think the settlement will affect the real estate industry?
How do you think the settlement will affect the real estate industry?

Two-thirds of would-be first-time homebuyers (66%) indicated that they wouldn’t be able to afford their agent’s commission in addition to the other closing costs and the down payment — potentially keeping them out of the real estate market entirely.

Among members of the public who support the changes, 44% say it would ease the financial burden on sellers, while 41% believe it would create a more level playing field between buyers and sellers.

A majority of agents (56%) anticipate that the settlement will lead to an increase in the average number of days properties remain on the market.

Who do you think will benefit from the upcoming changes?
Who do you think will benefit from the upcoming changes?

A whopping 95% of surveyed agents expect the new commission structure will cause agents to leave the industry.

Read the full report at: https://listwithclever.com/research/real-estate-commission-changes-2024/

About Clever Real Estate
Clever Real Estate is a technology company that produces educational real estate content reaching over 10 million readers annually, and its nationwide agent matching service has a 5.0-star Trustpilot rating across 2,300+ customer reviews. Since launching in 2017, Clever has reached $8.5 billion in real estate sold, matched 100,000+ customers with realtors, and saved consumers over $160 million on commission fees. Clever’s network spans 19,000 agents across all 50 states.

Please contact Alyssa Evans at 378878@email4pr.com with any questions or to arrange an interview.

Did you buy or sell a home in the past 5 years?
The experts at Clever Real Estate want to hear about it. Answer a few questions for the chance to win a $250 Amazon gift card. (Bonus: If you both bought and sold a home recently, you can leave a separate review for each experience and get two entries.)

Contact:
Alyssa Evans
Clever Real Estate
378878@email4pr.com
315-690-1518

SOURCE Clever Real Estate

U.S. Foreclosure Activity Sees A Monthly Increase In May 2024

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Foreclosure Starts Increase 3 Percent from Last Month, While Completed Foreclosures Decrease 1 Percent

Irvine, CA – June 11, 2024 (PRNewswire) ATTOM, a leading curator of land, property, and real estate data, today released its May 2024 U.S. Foreclosure Market Report, which shows there were a total of 32,621 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 3 percent from a month ago but down 7 percent from a year ago. 

“May’s foreclosure activity highlights nuanced shifts in the housing market,” said Rob Barber, CEO at ATTOM. “While we observed a slight increase in foreclosure starts, the decline in completed foreclosures indicates resilience in certain areas. Monitoring these evolving patterns remains crucial to understanding the full impact on the real estate sector.” 

New Jersey, Illinois and Delaware post highest foreclosure rates
Nationwide one in every 4,320 housing units had a foreclosure filing in May 2024. States with the highest foreclosure rates were New Jersey (one in every 1,939 housing units with a foreclosure filing); Illinois (one in every 2,362 housing units); Delaware (one in every 2,595 housing units); Connecticut (one in every 2,600 housing units); and Florida (one in every 2,638 housing units).

Among the 224 metropolitan statistical areas with a population of at least 200,000, those with the highest foreclosure rates in May 2024 were Longview, TX (one in every 1,162 housing units with a foreclosure filing); Trenton, NJ (one in every 1,471 housing units); Atlantic City, NJ (one in every 1,569 housing units); Lakeland, FL (one in every 1,584 housing units); and Bakersfield, CA (one in every 1,685 housing units).

Those metropolitan areas with a population greater than 1 million with the worst foreclosure rates in May 20244 were: Chicago, IL (one in every 2,015 housing units); Philadelphia, PA (one in every 2,143 housing units); Riverside, CA (one in every 2,216 housing units); Jacksonville, FL (one in every 2,267 housing units); and Las Vegas, NV (one in every 2,361 housing units). 

Greatest numbers of foreclosure starts in Florida, Texas and California
Lenders started the foreclosure process on 22,385 U.S. properties in May 2024, up 3 percent from last month but down 4 percent from a year ago.

States that had the greatest number of foreclosure starts in May 2024 included: Florida (2,750 foreclosure starts); Texas (2,560 foreclosure starts); California (2,370 foreclosure starts); Illinois (1,427 foreclosure starts); and New Jersey (1,219 foreclosure starts).  

Those major metropolitan areas with a population greater than 1 million that had the greatest number of foreclosure starts in May 2024 included: New York, NY (1,447 foreclosure starts); Chicago, IL (1,272 foreclosure starts); Houston, TX (915 foreclosure starts); Miami, FL (750 foreclosure starts); and Philadelphia, PA (713 foreclosure starts).

Foreclosure completion numbers decrease slightly from last month
Lenders repossessed 2,879 U.S. properties through completed foreclosures (REOs) in May 2024, down 1 percent from last month and down 28 percent from last year. 

States that had the greatest number of REOs in May 2024, included: California (254 REOs); Illinois (254 REOs); Pennsylvania (238 REOs); Ohio (177 REOs); and Texas (167 REOs). 

Those major metropolitan statistical areas (MSAs) with a population greater than 1 million that saw the greatest number of REOs in May 2024 included: Chicago, IL (179 REOs); New York, NY (124 REOs); Baltimore, MD (84 REOs); Pittsburgh, PA (80 REOs); and Washington, DC (69 REOs). 

Report methodology
The ATTOM U.S. Foreclosure Market Report provides a count of the total number of properties with at least one foreclosure filing entered into the ATTOM Data Warehouse during the month and quarter. Some foreclosure filings entered into the database during the quarter may have been recorded in the previous quarter. Data is collected from more than 3,000 counties nationwide, and those counties account for more than 99 percent of the U.S. population. ATTOM’s report incorporates documents filed in all three phases of foreclosure: Default — Notice of Default (NOD) and Lis Pendens (LIS); Auction — Notice of Trustee Sale and Notice of Foreclosure Sale (NTS and NFS); and Real Estate Owned, or REO properties (that have been foreclosed on and repurchased by a bank). For the annual, midyear and quarterly reports, if more than one type of foreclosure document is received for a property during the timeframe, only the most recent filing is counted in the report. The annual, midyear, quarterly and monthly reports all check if the same type of document was filed against a property previously. If so, and if that previous filing occurred within the estimated foreclosure timeframe for the state where the property is located, the report does not count the property in the current year, quarter or month.

About ATTOM
ATTOM provides premium property data to power products that improve transparency, innovation, efficiency, and disruption in a data-driven economy. ATTOM multi-sources property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, and neighborhood data for more than 155 million U.S. residential and commercial properties covering 99 percent of the nation’s population. A rigorous data management process involving more than 20 steps validates, standardizes, and enhances the real estate data collected by ATTOM, assigning each property record with a persistent, unique ID — the ATTOM ID. The 30TB ATTOM Data Warehouse fuels innovation in many industries including mortgage, real estate, insurance, marketing, government and more through flexible data delivery solutions that include ATTOM Cloud, bulk file licenses, property data APIs, real estate market trends, property navigator and more. Also, introducing our newest innovative solution, making property data more readily accessible and optimized for AI applications– AI–Ready Solutions. 

Media Contact:
Megan Hunt
megan.hunt@attomdata.com 

Data and Report Licensing:
datareports@attomdata.com