Half of U.S. Mortgaged Homes Now Considered Equity-Rich; Seriously Underwater Portion of Mortgages Dips Below 3 Percent; Sixteen Times as Many Mortgages are Equity Rich versus Seriously Underwater IRVINE, Calif. — Aug. 4, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its second-quarter... Read More »
Profit Margins on Typical Home Sales Hit Another Record, Rising to 56 Percent; Investment Returns in Second Quarter Rise at Fastest Pace in More Than a Decade; Median U.S. Home Price Up 9 Percent Quarterly and 15 Percent Annually, to New High of $346,000 IRVINE, Calif. – July 28, 2022 — ATTOM, a leading curator of real estate data nationwide for... Read More »
ATTOM’s just released Q2 2022 U.S. Home Affordability Report shows that median-priced single-family homes and condos were less affordable in Q2 2022, compared to historical averages in 97 percent of U.S. counties. The report noted that figure was up from 69 percent in Q2 2021, to the highest point since 2007 – just before the housing market... Read More »
Nearly One-Third of Average Wages Required for Major Home-Ownership Expenses During Second Quarter of 2022; Portion of Wages Consumed by Home Ownership Rises at Fastest Pace This Century; Historic Affordability Plummets to 15-Year Low as Median Home Price Hits $349,000 and Mortgage Rates Top 5 percent IRVINE, Calif. – June 30, 2022 — ATTOM, a... Read More »
ATTOM’s just released Q1 2022 Opportunity Zones Report, analyzing qualified low-income opportunity zones targeted by Congress for economic redevelopment, found that median single-family home and condo prices rose from Q4 2021 to Q1 2022 in 55 percent of qualified zones, and jumped by at least 20 percent annually in half. The latest opportunity... Read More »
Median Home Prices Rise Again in First Quarter of 2022 in Majority of Opportunity Zones Targeted for Economic Improvement; Pace of Gains in Half of all Zones Surpasses Nationwide Quarterly and Annual Increases; Prices Continue Rising At Least 20 Percent Annually in Half of All Zones IRVINE, Calif. – May 26, 2022 — ATTOM, a leading curator of real... Read More »
According to ATTOM’s newly released Q1 2022 U.S. Home Equity and Underwater Report, 44.9 percent of mortgaged residential properties in the U.S. were considered equity-rich in the first quarter. That figure is up from 41.9 percent in Q4 2021 and 31.9 percent in Q1 2021. ATTOM’s latest home equity and underwater analysis notes that equity-rich... Read More »