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Total Property Taxes On Single-Family Homes Up 4 Percent Across U.S. In 2022, To $340 Billion

Total Property Taxes On Single-Family Homes Up 4 Percent Across U.S. In 2022, To $340 Billion

Total Single-Family Taxes Levied Nationwide in 2022 Rose Twice as Fast as in 2021; Average Property Tax Amount Up 3 percent, to $3,901, While Effective Rate Dips Slightly; Highest Effective Tax Rates in New Jersey, Illinois, Connecticut, Vermont and Nebraska IRVINE, Calif. – April 6, 2023 — ATTOM, a leading curator of land, property, and real... Read More »
Top 10 U.S. Counties with Largest Quarterly Decreases in Portion of Wages Needed for Homeownership

Top 10 U.S. Counties with Largest Quarterly Decreases in Portion of Wages Needed for Homeownership

According to ATTOM’s Q1 2023 U.S. Home Affordability Report, median-priced single-family homes and condos are less affordable in Q1 2023 compared to historical averages in 94 percent of U.S. counties analyzed. That figure is far above the 62 percent of counties that were historically less affordable in Q1 2022. ATTOM’s latest home affordability... Read More »
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Homeownership Slightly More Affordable In U.S. During First Quarter Of 2023 As Housing Market Remains Stalled

Homeownership Slightly More Affordable In U.S. During First Quarter Of 2023 As Housing Market Remains Stalled

Portion of Average Wages Consumed by Major Home-Ownership Costs Ticks Down to 30 Percent; Affordability Improves as Nationwide Median Home Price Stays Flat; But Historic Affordability Still Weak Throughout U.S. IRVINE, Calif. – Mar. 30, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its first-quarter 2023... Read More »
Top 10 Opportunity Zones with Lowest Median Home Prices

Top 10 Opportunity Zones with Lowest Median Home Prices

ATTOM’s newly released Q4 2022 Opportunity Zones Report found that median single-family home and condo prices decreased from Q3 to Q4 2022 in 56 percent of qualified zones around the country, and went down at least 5 percent in almost half. The report noted those declines closely paralleled drops in neighborhoods outside the zones as prices fell... Read More »
Home Prices In Opportunity Zone Redevelopment Areas Fall During Fourth Quarter

Home Prices In Opportunity Zone Redevelopment Areas Fall During Fourth Quarter

Median Home Values Decline from Third to Fourth Quarter of 2022 in More Than Half of Opportunity Zones Targeted for Economic Redevelopment; Drop-off Matches Broader Nationwide Downturn; Values Still Up Annually in Almost Two-Thirds of Zones Even as Market Cools IRVINE, Calif. – Feb. 16, 2023 — ATTOM, a leading curator of land, property, and real... Read More »
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Top 10 U.S. Counties with Greatest Shares of Underwater Mortgages

Top 10 U.S. Counties with Greatest Shares of Underwater Mortgages

ATTOM’s recently released Q4 2022 U.S. Home Equity and Underwater Report shows that 48 percent of mortgaged homes in the U.S. were considered equity-rich in Q4 2022. That figure was down slightly from 48.5 percent in Q3 2022, but still up from 41.9 percent in Q4 2021. According to the latest home equity and underwater analysis, while the... Read More »
Home Equity Flattens Out Across U.S. In Fourth Quarter Of 2022

Home Equity Flattens Out Across U.S. In Fourth Quarter Of 2022

Nearly Half of Mortgaged Homes Remain Equity-Rich but Portion Dips Slightly; Seriously Underwater Level of Mortgages Unchanged at Just Below 3 Percent; Sixteen Times as Many Mortgages are Equity Rich Versus Seriously Underwater IRVINE, Calif. — Feb. 2, 2023 — ATTOM, a leading curator of real estate data nationwide for land and property data,... Read More »