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Home Affordability Worsens Across U.S. During Second Quarter Of 2023 As Home Prices Tick Upwards

Home Affordability Worsens Across U.S. During Second Quarter Of 2023 As Home Prices Tick Upwards

Major Home-Ownership Expenses Consume One-Third of Average Wage; Historic Affordability Hits Low Point Since 2007; Affordability Declines as Median Home Price Spikes 10 Percent IRVINE, Calif. – June 29, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its second-quarter 2023 U.S. Home Affordability Report... Read More »
Top 10 Opportunity Zones Where Home Prices Nearly Doubled Annually in Q1 2023

Top 10 Opportunity Zones Where Home Prices Nearly Doubled Annually in Q1 2023

ATTOM’s newly released Q1 2023 Opportunity Zones Report found that median single-family home and condo prices stayed the same or decreased from Q4 2022 to Q1 2023 in 52 percent of qualified zones, and fell at least 3 percent in almost half. The report noted that at the same time, prices increased by at least that much in about 40 percent of those... Read More »
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Opportunity Zone Home Price Trends Mixed In First Quarter 2023, Matching Patterns Nationwide

Opportunity Zone Home Price Trends Mixed In First Quarter 2023, Matching Patterns Nationwide

Median Home Values Decline in About Half of Zones Targeted for Economic Redevelopment; Trends Mostly Match Broader Nationwide Market Slowdown; But One Measure Shows Opportunity Zones Holding Up Slightly Better Than Other Local Markets IRVINE, Calif. – May 18, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released... Read More »
Top 10 ZIPs with Greatest Declines in Equity-Rich Properties in Q1 2023

Top 10 ZIPs with Greatest Declines in Equity-Rich Properties in Q1 2023

According to ATTOM’s just released Q1 2023 U.S. Home Equity & Underwater Report, 47.2 percent of mortgaged residential properties in the U.S. were considered equity-rich in the first quarter. ATTOM’s latest home equity and underwater analysis found that portion of mortgaged homes that was equity-rich in Q1 2023 decreased slightly from 48... Read More »
Home Equity Ticks Downward Again Across U.S. As Housing Market Remains Stalled

Home Equity Ticks Downward Again Across U.S. As Housing Market Remains Stalled

Equity Remains Historically High in First Quarter of 2023; But Equity-Rich Portion of Mortgaged Homes Dips for Second Straight Quarter as Home Prices Drop Around Most of U.S.; Seriously Underwater Level of Mortgages Virtually Unchanged IRVINE, Calif. — May 4, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released... Read More »
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The Optimal Time Of The Year To Sell A Home Proves To Be Spring and Summer

The Optimal Time Of The Year To Sell A Home Proves To Be Spring and Summer

New study shows home sellers see 12.8 percent premium in May; Annual analysis also looks at best months and days to sell a home IRVINE, CA – May 3, 2023 —  ATTOM, a leading curator of land, property, and real estate data, today released its annual analysis of the best days of the year to sell a home, which shows that based on home sales over the... Read More »
Top 10 U.S. Metros Where Homeownership Tenure Is Increasing

Top 10 U.S. Metros Where Homeownership Tenure Is Increasing

According to ATTOM’s just released Q1 2023 U.S. Home Sales Report, profit margins on median-priced single-family home and condo sales across the U.S. decreased to 44.2 percent as home prices stayed flat or kept declining around most of the nation. ATTOM’s latest home sales analysis shows that the drop-off in typical profit margins, from 48.7... Read More »