Home Sales & Prices

54 Percent of U.S. Metros Post Median Home Prices Above Pre-Recession Peaks in Q1 2018

54 Percent of U.S. Metros Post Median Home Prices Above Pre-Recession Peaks in Q1 2018

Houston, Dallas, Denver, San Jose, San Antonio Prices 50+ Percent Above Previous Peaks; Average U.S. Homeownership Tenure Posts Biggest Quarterly Drop Since Q4 2008; Report Includes Analysis of High-End Sales in Wake of Tax Reform IRVINE, Calif. – April 19, 2018 — ATTOM Data Solutions, curator of the nation’s premier property database, today released its… Read More »

Rising Tide in Houston Housing Market

Rising Tide in Houston Housing Market

This article originally appeared in the March 2018 Housing News Report newsletter published by ATTOM Data Solutions. For a free subscription to the award-winning Housing News Report, contact christine.stricker@attomdata.com. In November 2017 the Houston Astros won their first World Series championship since the team was founded in 1962. It couldn’t have come at a better time… Read More »

The Promise and Pitfalls of ADUs as Affordable Housing Panacea

The Promise and Pitfalls of ADUs as Affordable Housing Panacea

The following is an excerpt from an article that originally appeared in the March 2018 Housing News Report newsletter published by ATTOM Data Solutions. For a free subscription to the award-winning Housing News Report, contact christine.stricker@attomdata.com. A paucity of affordable housing that threatens to inflame a burgeoning homelessness crisis and trigger an exodus of well-paying… Read More »

U.S. Property Taxes Levied on Single Family Homes in 2017 Increased 6 Percent to More Than $293 Billion

U.S. Property Taxes Levied on Single Family Homes in 2017 Increased 6 Percent to More Than $293 Billion

Average Property Tax Was $3,399, Up 3 Percent and Effective Tax Rate of 1.17 Percent; Highest Effective Tax Rates in New Jersey, Illinois, Vermont, Texas, New Hampshire; Average Property Taxes Nearly Twice as High in Politically Blue Counties as in Red Counties IRVINE, Calif. – April 5, 2018 — ATTOM Data Solutions, curator of the… Read More »

Median-Priced Homes Not Affordable for Average Wage Earners in 68 Percent of U.S. Housing Markets

Median-Priced Homes Not Affordable for Average Wage Earners in 68 Percent of U.S. Housing Markets

73 Percent of Markets Less Affordable Than a Year Ago; Eight of 10 Highest-Priced Counties Post Negative Net Migration in 2017 IRVINE, Calif. – March 29, 2018 — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q1 2018 U.S. Home Affordability Report, which shows that median home prices in Q1… Read More »

Average Home Seller Profits at 10-Year High of $54,000 in Q4 2017

Average Home Seller Profits at 10-Year High of $54,000 in Q4 2017

But Homeowners Staying Put Longer as Average Homeownership Tenure Rises to New High; Kansas City, San Jose, Nashville Led Major Metros in Home Price Appreciation in 2017; All-Cash Purchase Share Increases Following Four Years of Declines IRVINE, Calif. – Feb. 1, 2018 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today… Read More »

Buying a Home More Affordable Than Renting in 54 Percent of U.S. Markets

Buying a Home More Affordable Than Renting in 54 Percent of U.S. Markets

But 64 Percent of Population Live in Markets More Affordable to Rent Than Buy; Least Affordable Rental Markets Led by Counties in Northern California, DC, Brooklyn; Most Affordable Rental Markets in Alabama, Illinois, Ohio, Tennessee IRVINE, Calif. – Jan. 11, 2018 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released… Read More »

Hottest Homebuyer Names of 2017

Hottest Homebuyer Names of 2017

ATTOM Data Solutions analyzed more than 4 million sales of single family homes in 2017, broken down by the first name of the buyer, shedding some light on which generation is becoming more active buying homes — primarily millennials — and which generations are becoming less active — Gen-Xers, along with the pre-baby boomer Silent Generation… Read More »

The Off-Market Housing Market

The Off-Market Housing Market

The following is an excerpt from an article that first appeared in the October 2017 Housing News Report, an award-winning monthly newsletter published by ATTOM Data Solutions. There’s a strange omission from the long list of industries vanquished, disrupted, and dismantled by the Internet. Retail chains are closing, cabs are not being hailed, and hotel… Read More »

Which Local Housing Markets Would Be Most Impacted by the GOP Tax Plan?

Which Local Housing Markets Would Be Most Impacted by the GOP Tax Plan?

This post was updated Dec. 18, 2017, to reflect final updates to the bill, most notably the change in the cap for the mortgage interest rate deduction from $500,000 to $750,000. The Republican tax proposal unveiled last week includes two changes to the income tax structure that could potentially have significant impacts on homeowners, and… Read More »