August 2, 2021
Real Estate

Triad housing market remains at low risk from pandemic impact | Local

The COVID-19 pandemic has had a limited negative impact on the housing markets of North Carolina’s five metropolitan areas, according to a national real-estate report timed for release Thursday.

Attom Data Solutions’ latest pandemic-related report is based on second-quarter 2021 data in three economic measuring sticks: home affordability; number of homes considered as underwater (amount owed is more than the value of the home); and foreclosure filings.

Out of the 566 metropolitan statistical areas measured, Guilford County was listed highest at No. 303 in terms of risk, followed by Forsyth County at No. 345, Wake County at No. 504, Mecklenburg at No. 507 and Durham County at No. 554.

Attom had Forsyth’s median sales price for a single-family home as $202,500.

It said that 9,494 out of 86,856 Forsyth residences with mortgages — or 10.9% — are underwater.

There were 39…

Read full article here: journalnow.com