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Home Ownership More Affordable Than Renting in Majority of U.S. Housing Markets

Home Ownership More Affordable Than Renting in Majority of U.S. Housing Markets

Home Prices Growing Faster Than Rents in Nearly 90 Percent of nation; But Prices Still More Affordable in Almost 60 Percent of U.S. Markets; Renting Remains More Financially Viable in Most-Populous Urban Areas IRVINE, Calif. – Jan. 6, 2022 — ATTOM, curator of the nation’s premier property database, today released its 2022 Rental Affordability... Read More »
Top 10 U.S. Counties More Affordable Than Their Historic Averages

Top 10 U.S. Counties More Affordable Than Their Historic Averages

ATTOM’s just released Q4 2021 U.S. Home Affordability Report shows the latest pattern in home affordability – home prices still manageable, but getting less affordable – has resulted in major ownership costs on the typical home consuming 25.2 percent of the average national wage of $65,546. According to ATTOM’s latest home affordability analysis,... Read More »
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Homeownership In U.S. Again Less Affordable In Fourth Quarter As Prices Keep Soaring

Homeownership In U.S. Again Less Affordable In Fourth Quarter As Prices Keep Soaring

Typical Home Remains Within Means of Average Wage Earner in Fourth Quarter of 2021; But Historic Affordability Down in Three-Quarters of U.S. Markets; National Median Home Price Hits $317,500, Another New High IRVINE, Calif. – Dec. 30, 2021 — ATTOM, curator of the nation’s premier property database, today released its fourth-quarter 2021 U.S.... Read More »
Top 10 U.S. Counties Where Home Flipping Isn’t Flopping

Top 10 U.S. Counties Where Home Flipping Isn’t Flopping

According to ATTOM’s just released Q3 2021 U.S. Home Flipping Report, single-family homes and condos flipped in the U.S. in the third quarter represented 5.7 percent of all home sales, or one in 18 transactions – up for the second quarter in a row after a year of declines. ATTOM’s latest home flipping analysis notes the latest home flipping rate... Read More »
Home Flipping Profit Margins Drop Again Across U.S. in Third Quarter of 2021 Even as Flipping Activity Keeps Rising

Home Flipping Profit Margins Drop Again Across U.S. in Third Quarter of 2021 Even as Flipping Activity Keeps Rising

Nationwide Home-Flipping Rate Rises for Second Straight Quarter; Raw Profits on Home Flips Also Increase to Near-Record Levels in Third Quarter; But Typical Profit Margins on Flips Decline Again, to Lowest Point in More Than 10 Years IRVINE, Calif. – Dec. 16, 2021 — ATTOM, curator of the nation’s premier property database, today released its... Read More »
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Top 10 ZIPs with Highest Foreclosure Rates in November 2021

Top 10 ZIPs with Highest Foreclosure Rates in November 2021

According to ATTOM’s newly released November 2021 U.S. Foreclosure Market Report, foreclosure filings were down 5 percent from October 2021 but up 94 percent from November 2020 – the 7th consecutive month of annual increases. ATTOM’s latest foreclosure market analysis shows there were a total of 19,479 U.S. properties with foreclosure filings.... Read More »
November 2021 U.S. Foreclosure Activity Declines Slightly From Last Month But Still On The Rise From A Year Ago

November 2021 U.S. Foreclosure Activity Declines Slightly From Last Month But Still On The Rise From A Year Ago

Foreclosure Starts Decrease 3 Percent from Last Month; First Monthly Decrease in Completed Foreclosures (REOs) Since May 2021 IRVINE, Calif. — December 9, 2021 — ATTOM, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (www.realtytrac.com), the largest online marketplace for foreclosure and distressed... Read More »