Real Estate Trends
Top 10 U.S. Counties Where Homeownership Tenure is Increasing
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 »
Top 10 U.S. Markets Where Homeownership Requires the Smallest Percent of Wages
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 »
Homeownership Less Affordable for Average Workers Across U.S. in Third Quarter of 2020
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 »
Top 10 ZIPs with Highest Home Flipping Rates in Q2 2020
ATTOM Data Solutions’ newly released Q2 2020 U.S. Home Flipping Report reveals that both home flipping profits and profit margins were up nationwide in the second quarter of 2020, despite a decrease in the U.S. home flipping rate. According to ATTOM’s latest home flipping analysis, the gross profit on the typical home flip nationwide (the... Read More »
Home Flipping Declines But Profits Rebound Across U.S. in Second Quarter of 2020
Home Flipping Rate Down From First Quarter of 2020; Typical Investment Return Rises to Highest Level Since Late 2018; Percent of Flips Financed With Cash Dips But Remains High IRVINE, Calif. – Sept. 17, 2020 — ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS),... Read More »