Home Sales & Prices
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 by... Read More »
Median Down Payment for U.S. Homes Purchased in Q3 2017 Increases to a New High of $20,000
Average Down Payment of $76,645 Also at New High Median Down Payment 7.6 Percent of Median Home Price, a 4-Year High; Purchase Loans Up 7 Percent, HELOCs Up 12 Percent, Refis Down 19 Percent from Year Ago IRVINE, Calif. – Dec. 14, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q3... Read More »
Seriously Underwater U.S. Properties Decrease by 1.4 Million From a Year Ago in Q3 2017
Biggest Year-over-Year Drop in Number of Seriously Underwater Since Q2 2015; Share of Equity Rich Properties Increases to New High of 26 Percent IRVINE, Calif. — Nov. 16, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q3 2017 U.S. Home Equity & Underwater Report, which shows... Read More »
Home Affordability Improves in 60 Percent of U.S. Markets in Q3 2017 Compared to Previous Quarter
Affordability Still Worsens From a Year Ago in 79 Percent of Local Markets; Wage Growth Outpaces Home Price Growth in 48 Percent of Markets Over Past Year; U.S. Home Prices Up 73 Percent, Wages Up 13 Percent Since Q1 2012 IRVINE, Calif. – Oct. 5, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today... Read More »
Shared Equity: Starter Homes for the Next Generation
It might seem like a strange idea but buried in an old piece of legislation designed to help coal miners is a magical key which can potentially open the ownership door for millions of new homebuyers. The idea is called “shared equity” and there’s reason to think that its time has come. More than 16 percent of all single family purchases in the... Read More »