Allient: Q2 Earnings Snapshot
The Amherst, New York-based company said it had profit of 34 cents per share. Earnings, adjusted for amortization costs and restructuring costs, came to 57 cents per share.
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HOME PRICE GROWTH IN OPPORTUNITY ZONES SLIGHTLY BEHIND REST OF NATION IN SECOND QUARTER
Price Gains Inside Opportunity Zones Targeted for Economic Redevelopment Edged Up This Spring but Trailed the Broader U.S. Housing Market IRVINE, Calif., Aug. 7, 2025 /PRNewswire/ -- ATTOM, a leading curator of land, property data, and real estate analytics, today released its second-quarter 2025 report analyzing qualified low-income Opportunity Zones targeted by Congress for economic redevelopment in the Tax Cuts and Jobs Act of 2017 (see full methodology below). In this report, ATTOM looked at 3,838 zones around the United States with sufficient data to analyze, meaning they had at least five home sales in the second quarter of 2025. The report found that median single-family home and condo prices increased from the first to the second quarter of 2025 in 57 percent of Opportunity Zones around the country with enough data to measure. About half of Opportunity Zone census tracts, 50.5 percent, saw median home values rise compared to the same time last year. That was a smaller share than the rest of the country: Home values rose in 56 percent of census tracts outside of Opportunity Zones. Shop Top Mortgage Rates Your Path to Homeownership A quicker path to financial freedom Personalized rates in minutes As the country as a whole saw record-high home prices in the second quarter of 2025, about 8.4 percent of Opportunity Zones experienced their highest median prices since at least 2008. And 39 percent of Opportunity Zones with sufficient data to analyze saw median property values rise by 10 percent or more annually. However, price growth was slowest in Opportunity Zones that had the lowest median home sales prices while prices rose in similar shares of Opportunity Zone census tracts in the mid- and high-priced zones. "Home values in most Opportunity Zones continue to move in step with the broader market—a pattern we've tracked since we began studying this segment," said Rob Barber, CEO of ATTOM. "Drill down, though, and volatility persists, especially in the lowest-priced neighborhoods. Limited inventory nationwide is still driving prices higher and nudging marginal buyers toward areas with deeper economic challenges." Barber added, "Even with that upward pressure, a significant share of Opportunity Zone markets are trailing the nation in year-over-year price gains, reminding us that the recovery remains uneven and that some communities have a longer road ahead." Opportunity Zones are defined in the Tax Act legislation as census tracts in or alongside low-income neighborhoods that meet various criteria for redevelopment in all 50 states, the District of Columbia and U.S. territories. Census tracts, as defined by the U.S. Census Bureau, cover areas that have 1,200 to 8,000 residents, with an average of about 4,000 people. While the gap between census tracts in and outside of Opportunity zones is relatively modest when it comes to how likely they were to experience price growth in the second quarter of 2025, the actual sticker prices of homes in these areas still tends to be much lower. In the second quarter, 79.9 percent of Opportunity Zone census tracts posted median home prices below the national median of $369,000. About half of Opportunity Zone census tracts (49.6 percent) had median home prices under $225,000. Considerable price volatility also continued inside Opportunity Zones. The median home price rose or fell by more than 5 percent year-over-year in 73 percent of the Opportunity Zone census tracts in ATTOM's analysis. That likely reflected small numbers of sales in many zones. Major findings from the report: Median prices of single-family homes and condos rose from the first to the second quarter of 2025 in 57.3 percent (1,813) of the 3,162 Opportunity Zone census tracts with sufficient data to analyze in both quarters. Year-over-year, median values rose in 50.5 percent (1,938) of the 3,432 Opportunity Zone census tracts with sufficient data. Home prices rose annually in a smaller share (50.5 percent) of Opportunity Zone census tracts compared to the 56 percent of tracts located outside the zones that saw median prices increase. A larger share of Opportunity Zones tracts saw median prices grow by 10 percent or more annually: 39 percent of tracts inside the zones compared to 32 percent of tracts outside the zones. The areas with the lowest home values saw the most sluggish growth, with only 39 percent (289) of the 742 Opportunity Zone census tracts where median sales prices were below $125,000 seeing any increase in prices year-over-year. The Midwest saw the strongest growth among its Opportunity Zones. Among states with at least 25 Opportunity Zones that had sufficient data to analyze in the second quarter of 2025, Wisconsin had the highest share where median home prices grew year-over-year (medians up from the second quarter of 2024 to the second quarter of 2025 in 68 percent of zones), followed by Indiana (65 percent), Iowa (65 percent), Michigan (64 percent), and Missouri (59 percent). Home prices in most Opportunity Zones are well below those outside of them. About half of Opportunity Zone census tracts had median home prices below $225,000 in the second quarter of 2025 while the national median home price was $369,000. The majority (54 percent) of Midwestern Opportunity Zone census tracts had median home prices below $175,000, compared to the Northeast (38 percent), the South (36 percent), and the West (6 percent). Report methodologyThe ATTOM Opportunity Zones analysis is based on home sales price data derived from recorded sales deeds. Statistics for previous quarters are revised when each new report is issued as more deed data becomes available. ATTOM's analysis compared median home prices in census tracts designated as Opportunity Zones by the Internal Revenue Service. Except where noted, tracts were used for the analysis if they had at least five sales in the second quarter of 2025. Median household income data for tracts and counties comes from surveys taken by the U.S. Census Bureau ( from 2019 through 2023. The list of designated Qualified Opportunity Zones is located at U.S. Department of the Treasury. Regions are based on designations by the Census Bureau. Hawaii and Alaska, which the bureau designates as part of the Pacific region, were included in the West region for this report. About ATTOMATTOM powers innovation across industries with premium property data and analytics covering 158 million U.S. properties—99% of the population. Our multi-sourced real estate data includes property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, neighborhood and geospatial boundary information, all validated through a rigorous 20-step process and linked by a unique ATTOM ID. From flexible delivery solutions—such as Property Data APIs, Bulk File Licenses, Cloud Delivery, Real Estate Market Trends—to AI-Ready datasets, ATTOM fuels smarter decision-making across industries including real estate, mortgage, insurance, government, and more. Media Contact:Megan Data and Report Licensing:949.502.8313datareports@ View original content to download multimedia: SOURCE ATTOM Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Americans With A Mortgage Saw A Dip In Home Equity From Last Year, But the Average Is Still $302,000 — Here's a Smarter Way to Use It
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The good news is the average U.S. homeowner has about $302,000 in accumulated home equity. The bad news is that's $4,200 less when compared to a year ago, according to global data and technology company Cotality. However, this will strongly depend on where you live. Shop Top Mortgage Rates A quicker path to financial freedom Your Path to Homeownership Personalized rates in minutes "At the peak of home price gains, annual equity increases surged to as much as $55,000. However, with price increases slowing considerably and appreciation remaining sluggish, home equity is unlikely to accumulate at the same pace as it did during the pandemic, or even pre-pandemic, when annual gains averaged about $11,000," Cotality Chief Economist Slema Hepp said in a statement accompanying Cotality's Homeowner Equity Report for Q1, noting that the decline could point to homeowners using their equity for other things. Don't Miss: The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Depending on where you live, this decrease in equity might not apply to your home. The Northeast is seeing a particular rise in home prices, which leads to higher equity. Homeowners in Rhode Island have the highest year-over-year equity boost at $36,500, and New Jersey is close behind at $35,700. In New York City, homeowners are enjoying an average of $20,600 equity boost while Boston dwellers have an average of $25,200 gain. Still, 27 states have seen an annual equity loss in Q1. Hawaii is dealing with the highest, which sank $65,900, followed by Washington, D.C. which dropped $29,600 and Florida, which fell by $26,300. The South in general is taking a hit. Trending: Accredited Investors: Grab Pre-IPO Shares of the AI Company Powering Hasbro, Sephora & MGM— "[G]iven the weakening of prices in the South and affordability concerns for existing homeowners due to rising insurance and taxes, as well as the prevalence of natural disasters in those areas which can wipe out home equity, there are many areas in the South where we are likely to see increases in negative equity going forward," said Hepp. Again, the good news is that the average U.S. homeowner has $302,000 in home equity, which is why it's worth considering putting to good use. Having equity in a home is one example of trapped equity, because it's not readily accessible like with liquid assets. However, Point unlocks your share of home equity — without monthly payments or is able to get you up to $600,000 in home equity, which is nearly double the average that U.S. homeowners have. From there, it's a matter of smartly using the money to improve your current and future financial health. Maybe you need to consolidate your high-interest debt so you can save money on interest payments. Or maybe you want to do substantial home renovations that will increase the worth of your home in the long run. Or maybe you have your eye on an investment property that will set your family up for success. Point can help you access your equity to make those things happen. It's simple: Point will give you a lump sum cash payment, and you'll give Point a piece of your home equity. You won't have monthly payments, and you can buy back that piece of home equity at any time in the 30-year term, with adjustments depending on if the value of your property goes up or down. Read Next: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's , starting today. Image: Shutterstock This article Americans With A Mortgage Saw A Dip In Home Equity From Last Year, But the Average Is Still $302,000 — Here's a Smarter Way to Use It originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
