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Home Sales & Prices

Property Taxes on Single-Family Homes Up 7 Percent Across U.S. in 2023, to $363 Billion

Property Taxes on Single-Family Homes Up 7 Percent Across U.S. in 2023, to $363 Billion

Total Single-Family Taxes Levied Nationwide in 2023 Rise Twice as Fast as in 2022; Average Property Tax Up 4 percent, to $4,062, While Effective Rate Also Increases; Highest Effective Tax Rates Remain Clustered in Northeast and Midwest IRVINE, Cal. – Apr. 4, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released... Read More »
Home Affordability Improves Slightly Across U.S. During First Quarter but Remains Difficult for Average Workers

Home Affordability Improves Slightly Across U.S. During First Quarter but Remains Difficult for Average Workers

Major Home-Ownership Expenses Require Smaller Portion of Wages for Second-Straight Quarter; Historical Affordability Also Inches Upward; But Both Measures Remain Near Worst Levels in 15 Years as Home Prices Stay Close to All-Time Highs IRVINE, Calif. – Mar. 28, 2024 — ATTOM, a leading curator of land, property, and real estate data, today... Read More »
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California, New Jersey and Illinois Still Facing Higher Risk of Housing Market Decline

California, New Jersey and Illinois Still Facing Higher Risk of Housing Market Decline

New York City and Chicago Areas More Exposed to Market Downturns; At-Risk Locations Have Weaker Affordability, Foreclosure, Underwater and Job Numbers; Lower Risk Again Mainly Spread Across Southern and Midwestern Regions   IRVINE, Calif. — March 7, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released a Special... Read More »
Opportunity Zone Housing Markets Still Tracking Along with Broader U.S. Housing Market

Opportunity Zone Housing Markets Still Tracking Along with Broader U.S. Housing Market

Median Home Values Decrease During Fourth Quarter of 2023 in Just Over Half of Opportunity Zones Targeted for Economic Redevelopment Around U.S.; Price-Decline Trends Inside Zones Again Follow Closely With National Market Patterns;  IRVINE, Cal. – Feb. 15, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released its... Read More »
Home Equity Down Slightly Across U.S. During Fourth Quarter But Remains Strong

Home Equity Down Slightly Across U.S. During Fourth Quarter But Remains Strong

Equity-Rich Portion of Mortgaged Homes Decreases While Seriously Underwater Level Rises; Overall Equity for Homeowners Also Ticks Downward Amid Decline in Home Values; But Nearly 95 Percent of Mortgaged Homeowners Still Have Equity Built Up IRVINE, Calif. — Feb. 1, 2024 — ATTOM, a leading curator of land, property, and real estate data, today... Read More »
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Home Selling Profits Drop in 2023 for First Time in Over a Decade Amid Modest Price Gains

Home Selling Profits Drop in 2023 for First Time in Over a Decade Amid Modest Price Gains

Profits on Home Sales Across U.S. Decrease for First Time Since 2011; Typical Seller Gains Remain Strong, But Decline from 60 Percent to 57 Percent; National Median Home Price Rises at Slowest Pace in 12 Years IRVINE, Calif. – Jan. 25, 2024 — ATTOM, a leading curator of land, property and real estate data, today released its Year-End 2023 U.S.... Read More »
Top 10 U.S. Counties With Highest Wages Needed to Buy A Home in Q4 2023

Top 10 U.S. Counties With Highest Wages Needed to Buy A Home in Q4 2023

ATTOM’s just released Q4 2023 U.S. Home Affordability Report revealed that median-priced single-family homes and condos remain less affordable in Q4 2023 compared to historical averages in 99 percent of counties analyzed. According to ATTOM’s latest home affordability analysis, the most recent trend continues a pattern dating back to 2021 of home... Read More »