Real Estate Trends
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 U.S. Counties with Highest Home Flipping Profits in 2022
According to ATTOM’s Year-End 2022 U.S. Home Flipping Report, there were 407,417 single-family homes and condos flipped in the U.S. in 2022. That figure was up 14 percent from 357,666 in 2021 and 58 percent from 2020, to the highest point since at least 2005. ATTOM’s latest home flipping analysis revealed that the number of homes flipped by... Read More »
Home Flipping Remains Up In 2022 Across U.S. But Gross Profits Fall To Another Low
Number of Home Flips Hits Highest Level in More Than 15 Years; But Investment Returns on Flips Sink to Lowest Point Since 2008; Two-Thirds of Flipped Homes Purchased with Cash IRVINE, Calif. – March 23, 2023 —ATTOM, a leading curator of land, property, and real estate data, today released its year-end 2022 U.S. Home Flipping Report, which shows... Read More »
Top 10 SFR Growth Markets for 2023 with Greatest Annual Increases in Rental Returns
ATTOM’s just released Q1 2023 U.S. Single Family Rental Market Report, which ranks the best U.S. counties for buying single-family rental properties in 2023, found that the average annual gross rental yield on three-bedroom properties (annualized gross rent income divided by purchase price) is projected to be 7.5 percent in 2023. According to... Read More »