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Tag: affordability index

Top 10 Counties with the Largest Quarterly Increase in Affordability Indexes in Q3 2024

Top 10 Counties with the Largest Quarterly Increase in Affordability Indexes in Q3 2024

According to ATTOM’s Q3 2024 U.S. Home Affordability Report median-priced single-family homes and condos are still less affordable compared to historical norms in 99 percent of counties with sufficient data. This trend, observed since 2022, reflects a persistent challenge in homeownership, with housing costs consuming historically significant... Read More »
Home Ownership Slightly More Affordable Across U.S. in Third Quarter but Still Difficult for Average Workers

Home Ownership Slightly More Affordable Across U.S. in Third Quarter but Still Difficult for Average Workers

Major Home-Ownership Expenses Consume 34 Percent of National Average Wage; Portion Ticks Downward as Home-Price Spike Eases and Mortgage Rates Drop; Historical Affordability Also Inches Up While Remaining Weak  IRVINE, Calif. – Sept. 26, 2024 — ATTOM, a leading curator of land, property data, and real estate analytics, today released its... Read More »
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Top 10 U.S. Counties More Affordable Than Their Historic Averages

Top 10 U.S. Counties More Affordable Than Their Historic Averages

ATTOM’s just released Q4 2021 U.S. Home Affordability Report shows the latest pattern in home affordability – home prices still manageable, but getting less affordable – has resulted in major ownership costs on the typical home consuming 25.2 percent of the average national wage of $65,546. According to ATTOM’s latest home affordability analysis,... Read More »
Home Affordability Improves in 60 Percent of U.S. Markets in Q3 2017 Compared to Previous Quarter

Home Affordability Improves in 60 Percent of U.S. Markets in Q3 2017 Compared to Previous Quarter

Affordability Still Worsens From a Year Ago in 79 Percent of Local Markets; Wage Growth Outpaces Home Price Growth in 48 Percent of Markets Over Past Year; U.S. Home Prices Up 73 Percent, Wages Up 13 Percent Since Q1 2012 IRVINE, Calif. – Oct. 5, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today... Read More »