Real Estate Trends
Top 10 U.S. Counties Where Home Prices Are Rising Faster Than Wages
According to ATTOM’s just released Q3 2023 U.S. Home Affordability Report, median-priced single-family homes and condos are less affordable compared to historical averages in 99 percent of U.S. counties analyzed. ATTOM’s latest home affordability analysis noted that trend continues a two-year pattern of home ownership getting more and more... Read More »
Home Affordability Gets Even Tougher Across U.S. During Third Quarter As Home Prices And Mortgage Rates Rise Further
Major Home-Ownership Expenses Consume 35 Percent of Average Wage Nationwide, Reaching Another High Over the Past Decade; While Historic Affordability Drops to New Low IRVINE, Calif. – Sept. 28, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its third-quarter 2023 U.S. Home Affordability Report showing that... Read More »
Q2 2023 County Level Flipping Analysis
ATTOM recently published its Q2 2023 U.S. Home Flipping Report, revealing that 84,350 single-family homes and condominiums across the United States underwent flipping. Flipping, defined as an arms-length transaction occurring within a quarter following a prior arms-length transaction within the past 12 months, constituted 8% of all home sales... Read More »
Home Flipping Activity Drops As Profits Rise Across U.S. In Second Quarter Of 2023
Flipping Rate Declines to Near Low Point Since 2021; Typical Profit Margins Increase at Fastest Quarterly Pace in Three Years Following Extended Slump; Raw Flipping Profits Also Rebound, Up 18 Percent Over First Quarter IRVINE, Calif. – Sept. 21, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its... Read More »
Top 10 U.S. Housing Markets Least At-Risk of Declines in Q2 2023
According to ATTOM’s newly released Q2 2023 Special Housing Risk Report, New Jersey and Illinois have the highest concentrations of the most-at-risk markets in the country, with the biggest clusters in the New York City, Chicago and Philadelphia areas. The report noted that the South, along with other parts of the Northeast, are generally less... Read More »
New Jersey And Illinois Have Highest Concentrations Of Housing Markets At Risk Of Declines
Areas More Vulnerable to Downturns Clustered in New York City, Chicago and Philadelphia Metro Areas, Based on Measures from Second Quarter of 2023; South and New England Less Exposed to Downturns IRVINE, Calif. — Sept. 14, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released a Special Housing Impact Report... Read More »