Home Sales & Prices

The Rise of the Real Estate Data Bots

Ten years ago in June something new and different entered the American marketplace. The iPhone was a hit from day one, the first “smartphone” and a hint of things to come. It was not just a communication tool, said Apple co-founder Steve Jobs, “but a way of life.” In a similar sense we’re just at the start of the... Read More »

Making America Unaffordable Again

Since bottoming out in the first quarter of 2012, U.S. median home prices have risen 69 percent while average weekly wages have risen just 9 percent during the same time period, pushing more and more local housing markets into a home affordability crunch — and not just those expensive politically “blue” markets on the coasts. In... Read More »
Q2 2017 U.S. Median Home Price at Least Affordable Level Since Q3 2008

Q2 2017 U.S. Median Home Price at Least Affordable Level Since Q3 2008

Median Home Prices Rose Faster Than Wages in 87 Percent of Local Markets; 45 Percent of Markets Less Affordable Than Their Historic Norms, an Eight-Year High IRVINE, Calif. – June 29, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q2 2017 U.S. Home Affordability... Read More »

Surviving as a First-Time Buyer in America’s Least Affordable City

A new joint analysis by ATTOM Data Solutions and Down Payment Resource found that first-time homebuyers in Denver — the least affordable market in Q1 2017 according to the ATTOM Affordability Index — can increase their down payment on a median-priced home by $13,900 (129 percent above just the minimum 3 percent down) and save nearly... Read More »

Utilities Add 25 Percent to U.S. Homeownership Costs According to New Research from ATTOM Data Solutions and UtilityScore

Utility Costs Require 7 Percent of Wages on Average Nationwide; California Home Seller Profits More Than Double with Solar Installed; IRVINE, Calif. – June 6, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, and UtilityScore, a software provider that helps solar and home improvement... Read More »

Finding Real Estate Deals When Distress Dries Up

Interest in foreclosures is heating up in 2017 even as the foreclosure market dries up. “The REOs that come on, they are not that far off from the traditional stuff. Back in 2007 you were getting 20 percent off the actual value. … Now you have them selling for 5 percent off, if that,” said Leland DiMeco, owner and principal... Read More »

U.S. Residential Loan Origination Dollar Volume Drops to Three-Year Low in Q1 2017

Refinance Originations at More Than 10-Year Low, Purchase Originations at Three-Year Low; Non-Married Co-Borrowers Account for Nearly 22 Percent of Single Family Purchase Loans IRVINE, Calif. – May 25, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q1 2017 U.S.... Read More »

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