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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 »
Top 10 ZIPS with Longest Average Homeownership Tenures

Top 10 ZIPS with Longest Average Homeownership Tenures

According to ATTOM’s newly released 2022 Year-End U.S. Home Sales Report, home sellers nationwide realized a profit of $112,000 on the typical sale in 2022. That figure was up 21 percent from $92,500 in 2021 and 78 percent from $63,000 two years ago. ATTOM’s latest home sales analysis reported that despite a market slowdown in the second half of... Read More »
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U.S. Home Seller Profits Top 50 Percent In 2022 Despite Market Slowdown

U.S. Home Seller Profits Top 50 Percent In 2022 Despite Market Slowdown

Profits on Typical Sales Nationwide Rise from 45 percent to 51 Percent; National Median Home Price for Full Year Up 10 Percent to $330,000 Even as Values Drop in Second Half; Home Sellers Continue Staying in Their Homes Less Than Six Years IRVINE, Calif. – Jan. 26, 2023 —ATTOM, a leading curator of real estate data nationwide for land and... Read More »
Top 10 U.S. Housing Markets Most Affordable for Renting in 2023

Top 10 U.S. Housing Markets Most Affordable for Renting in 2023

According to ATTOM’s just released 2023 Rental Affordability Report, the average three-bedroom rent is more affordable than owning a comparably sized median-priced home in 95 percent of U.S. counties analyzed. The report also shows that both renting and owning a three-bedroom home are significant financial burdens for households around the U.S.,... Read More »
Renting More Affordable Than Homeownership Across Most Of The Nation In 2023

Renting More Affordable Than Homeownership Across Most Of The Nation In 2023

Rents Rising Faster Than Home Prices in Almost Half the U.S.; Both Renting and Owning Unaffordable for Average Workers Throughout the Country; Renting Still More Manageable in Vast Majority of Markets IRVINE, Calif. – Jan. 19, 2023 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its 2023 Rental... Read More »
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Top 10 U.S. Counties with Highest Wages Required for Homeownership

Top 10 U.S. Counties with Highest Wages Required for Homeownership

According to ATTOM’s just released Q3 2022 U.S. Home Affordability Report, median-priced single-family homes and condos are less affordable in Q4 2022 compared to historical averages in 99 percent of U.S. counties. The report notes that figure is far above the 68 percent of counties that were less affordable in Q4 2021. ATTOM’s latest home... Read More »
Home Affordability Worsens Across U.S. During Fourth Quarter of 2022 Despite Declining Home Prices

Home Affordability Worsens Across U.S. During Fourth Quarter of 2022 Despite Declining Home Prices

Major Home-Ownership Costs Consume 32 Percent of Average National Wage, Hitting 15-Year High; Portion of Wages Needed to Own Shoots Up as Rising Interest Rates Outweigh Falling Prices IRVINE, Calif. – Dec. 22, 2022 —  ATTOM, a leading curator of real estate data nationwide for land and property data, today released its fourth-quarter 2022 U.S.... Read More »