Home Sales & Prices
Top 10 U.S. Housing Markets Where Wages Are Outpacing Home Prices
According to ATTOM’s recently released Q1 2023 U.S. Home Affordability Report, the mixed picture facing home buyers – prices remaining a financial stretch but getting a bit more affordable – reflects a softening of the U.S. housing market combined with rising wages, at a time when home-mortgage rates have stabilized following a year of increases.... Read More »
Top 10 U.S. Counties with Highest Effective Property Tax Rates in 2022
According to ATTOM’s 2022 Property Tax Analysis for 87 million U.S. single family homes, $339.8 billion in property taxes were levied on single-family homes in 2022. That figure is up 3.6 percent from $328 billion in 2021, and more than double the 1.6 percent growth last year; although smaller than the 5.4 percent increase the prior year. ATTOM’s... Read More »
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
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 »
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
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 »