Home Sales & Prices
The Promise and Pitfalls of ADUs as Affordable Housing Panacea
A paucity of affordable housing that threatens to inflame a burgeoning homelessness crisis and trigger an exodus of well-paying jobs is forcing local governments to consider creative solutions to this intractable problem. One such solution is to streamline the development of accessory dwelling units (ADUs) in the hopes that real estate developers... Read More »
U.S. Property Taxes Levied on Single Family Homes in 2017 Increased 6 Percent to More Than $293 Billion
Average Property Tax Was $3,399, Up 3 Percent and Effective Tax Rate of 1.17 Percent; Highest Effective Tax Rates in New Jersey, Illinois, Vermont, Texas, New Hampshire; Average Property Taxes Nearly Twice as High in Politically Blue Counties as in Red Counties IRVINE, Calif. – April 5, 2018 — ATTOM Data Solutions, curator of the nation’s premier... Read More »
Median-Priced Homes Not Affordable for Average Wage Earners in 68 Percent of U.S. Housing Markets
73 Percent of Markets Less Affordable Than a Year Ago; Eight of 10 Highest-Priced Counties Post Negative Net Migration in 2017 IRVINE, Calif. – March 29, 2018 — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q1 2018 U.S. Home Affordability Report, which shows that median home prices in Q1 2018 were not... Read More »
Average Home Seller Profits at 10-Year High of $54,000 in Q4 2017
But Homeowners Staying Put Longer as Average Homeownership Tenure Rises to New High; Kansas City, San Jose, Nashville Led Major Metros in Home Price Appreciation in 2017; All-Cash Purchase Share Increases Following Four Years of Declines IRVINE, Calif. – Feb. 1, 2018 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property... Read More »
Buying a Home More Affordable Than Renting in 54 Percent of U.S. Markets
But 64 Percent of Population Live in Markets More Affordable to Rent Than Buy; Least Affordable Rental Markets Led by Counties in Northern California, DC, Brooklyn; Most Affordable Rental Markets in Alabama, Illinois, Ohio, Tennessee IRVINE, Calif. – Jan. 11, 2018 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property... Read More »