Real Estate Trends
U.S. Property Taxes Levied on Single Family Homes in 2016 Total More Than $277 Billion
Average Annual Property Tax was $3,296, an Effective Tax Rate of 1.15 Percent; Highest Effective Tax Rates in New Jersey, Illinois, Texas, New Hampshire, Vermont; Owner-Occupied Properties Register Higher Effective Tax Rates Than Investment Properties IRVINE, Calif. – April 6, 2017 — ATTOM Data Solutions, curator of the nation’s... Read More »
The Densification of La La Land
For John Gomez the best predictor of an emerging Los Angeles housing bubble isn’t buried in esoteric economic numbers or arcane housing statistics; it’s what other real estate investors are willing to pay for bottom-of-the-barrel homes in his local market of Norwalk. “Yesterday I went on Auction.com. A trashed house in Norwalk,... Read More »
One in Four U.S. Housing Markets Less Affordable Than Historic Affordability Averages in First Quarter of 2017
U.S. Affordability Index Drops to a More Than 8-Year Low Despite Annual Wage Growth Outpacing Home Price Growth in 53 Percent of Local Markets IRVINE, Calif. – March 30, 2017 — ATTOM Data Solutions, curator of the nation’s largest fused property database, today released its Q1 2017 U.S. Home Affordability Index, which shows... Read More »
ATTOM Data Solutions Ranks Best Markets for Buying Single Family Rentals in 2017
Rankings for Highest SFR Returns by County and Zip Code; Best Millennial SFR Markets in Detroit, Duluth, Kansas City, Oklahoma City IRVINE, Calif. – March 23, 2017 — ATTOM Data Solutions, curator of the nation’s largest fused property database, today released its Q1 2017 Single Family Rental Market report, which ranks the best... Read More »
Are We Headed for Another Bursting Housing Bubble in 2017?
Housing prices may be appreciating at a seemingly unsustainable rate once again in some markets around the country, but Christopher Thornberg believes the nation’s economic fundamentals will continue to be much more sound in 2017 than when the market began to implode back in 2005. “There’s no housing bubble. Not even... Read More »