ATTOM Data Solutions’ just released Q3 2020 U.S. Home Sales Report reveals that both the raw-profit and return-on-investment figures recorded from the typical home sale in the U.S. in third quarter of 2020, stand at the highest points since the U.S. economy began recovering from the Great Recession in 2012. According to ATTOM’s latest home sales... Read More »
Profit Margins Hit New Highs Even as Coronavirus Pandemic Damages National Economy; Margins Increase in Almost 90 Percent of Markets Across Nation; Median Home Prices Rise In Every Major Market IRVINE, Calif. – Oct. 22, 2020 — ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of... Read More »
ATTOM Data Solutions’ most recent U.S. Home Sales Report shows that homeowners who sold in the second quarter of 2020 had owned their homes an average of 7.95 years. According to the report, that number is up slightly from 7.85 years in Q1 2020, and nearly the same as the peak of 7.96 years in Q4 2019. ATTOM’s Q2 2020 home sales analysis revealed... Read More »
According to ATTOM Data Solutions’ just released Q3 2020 U.S. Home Affordability Report, median home prices of single-family homes and condos are less affordable than historical averages in 63 percent of U.S. counties, up from 54 percent in Q3 2019. This fallback comes as spikes in home prices are outpacing increasing wages and declining mortgage... Read More »
Portion of Wages Needed for Home Ownership Exceeds 28 Percent Lending Benchmark in Almost Two-Thirds of Nation; Affordability Also Worse Than Historical Averages in Nearly Two-Thirds of Country; Median Home Prices Up At Least 10 Percent in Half of U.S. IRVINE, Calif. – Sept. 24, 2020 — ATTOM Data Solutions, curator of the nation’s premier... Read More »
ATTOM Data Solutions’ recently released Special Opportunity Zones Joint Report with CityBldr spotlights 11 U.S. neighborhoods, spanning seven states and the District of Columbia, that offer some of the most attractive opportunities in the nation for housing developers to take advantage of federal reinvestment tax benefits, under the Tax Cut and... Read More »
Areas Identified Are More Impoverished and Densely Populated, With Low Homeownership Rates; Most Already Have Home Prices Far Exceeding National Levels; While Prices Have Both Increased and Decreased Since First Half of 2019 IRVINE, Calif. — Sept. 3, 2020 — ATTOM Data Solutions, curator of the nation’s premier property database and first property... Read More »