SOURCE: ATTOM Data Solutions

ATTOM Data Solutions

October 18, 2016 13:05 ET

The Foreclosure Gender Gap: Foreclosure Rates Higher for Male Homeowners Than Female Homeowners

Exception is Single/Unmarried Owners: Female Foreclosure Rates Are Higher; Foreclosure Rate Gender Gap Largest For Widowed Homeowners

IRVINE, CA--(Marketwired - October 18, 2016) - ATTOM Data Solutions, the nation's leading source for comprehensive housing data and the new parent company of RealtyTrac, today released an analysis showing homes owned by men had a higher foreclosure rate on average than homes owned by women as of the end of Q3 2016.

ATTOM analyzed tax assessor records and publicly recorded foreclosure filings for more than 5 million single family homes and condos nationwide where the primary homeowner was identified as an individual man or an individual woman. The analysis did not include homes owned by married couples when both were listed as homeowners or other joint homeownership situations.

See previous analysis of gender gap in home values and appreciation.

The analysis found that 73 out of every 10,000 homes with individual male homeowners were in foreclosure as of the end of Q3 2016 while 72 out of every 10,000 homes owned by individual female homeowners were in foreclosure.

The foreclosure rate gap was even bigger between married men and married women homeowners -- 83 out of every 10,000 homes with an individual married man listed as the primary homeowner were in foreclosure while 66 out of every 10,000 homes with an individual married woman listed as the primary homeowner were in foreclosure.

The biggest foreclosure rate gender gap was among widowed homeowners. The foreclosure rate for widowers was 112 out of every 10,000 homes while the foreclosure rate for widows was 94 out of every 10,000 homes.

The exception to the rule was among single and unmarried homeowners where homes owned by women had higher foreclosure rates on average (73 out of every 10,000 homes) than those owned by men (70 out of every 10,000 homes).

About ATTOM Data Solutions

ATTOM Data Solutions is the curator of the ATTOM Data Warehouse, a multi-sourced national property database that aggregates property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, health hazards, neighborhood characteristics and other property characteristic data for more than 150 million U.S. properties. The ATTOM Data Warehouse delivers actionable data to businesses, consumers, government agencies, universities, policymakers and the media in multiple ways, including bulk file licenses, APIs and customized reports.

ATTOM Data Solutions also powers consumer websites designed to promote real estate transparency: RealtyTrac.com is a property search and research portal for foreclosures and other off-market properties; Homefacts.com is a neighborhood research portal providing hyperlocal risks and amenities information; HomeDisclosure.com produces detailed property pre-diligence reports.

ATTOM Data and its associated brands are cited by thousands of media outlets each month, including frequent mentions on CBS Evening News, The Today Show, CNBC, CNN, FOX News, PBS NewsHour and in The New York Times, Wall Street Journal, Washington Post, and USA TODAY.

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