Tag: Affordability

Top 10 Most & Least Affordable Rental Markets in 2020

Top 10 Most & Least Affordable Rental Markets in 2020

ATTOM Data Solutions’ 2020 Rental Affordability Report just released reveals the split between different-sized markets, with home ownership more affordable mainly in lightly populated counties and renting more affordable in more populous suburban or urban areas. According to the analysis, owning a median-priced, three-bedroom home is more affordable than renting a three-bedroom property in 455,… Read More »

Buying A Home Is More Affordable Than Renting In 53 Percent Of U.S. Housing Markets

Buying A Home Is More Affordable Than Renting In 53 Percent Of U.S. Housing Markets

Renting More Affordable Mainly in Suburban and Urban Counties; Home Price Gains Outpacing Wages in 66 Percent of U.S. Markets IRVINE, Calif. – Jan. 9, 2020 — ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released its 2020 Rental Affordability Report, which shows that… Read More »

Market Trend Data Helps Divvy Challenge the Buy-or-Rent Paradigm

Market Trend Data Helps Divvy Challenge the Buy-or-Rent Paradigm

Divvy Homes is challenging the traditional buy-or-rent paradigm in three Midwestern markets with the help of market trend reports from ATTOM Data Solutions. “Divvy is a fractional homeownership company,” said Adena Hefets, co-founder of the San Francisco-based real estate tech startup that is focused on three markets east of the Mississippi: Memphis, Atlanta and Cleveland…. Read More »

Renting a Home More Affordable Than Buying in 59 Percent of U.S. Housing Markets

Renting a Home More Affordable Than Buying in 59 Percent of U.S. Housing Markets

Home Prices Outpacing Wages in 80 Percent of the U.S. Housing Markets IRVINE, Calif. – Jan. 10, 2019 — ATTOM Data Solutions, curator of the nation’s premier property database, today released its 2019 Rental Affordability Report, which shows that renting a three-bedroom property is more affordable than buying a median-priced home in 442 of 755… Read More »

U.S. Home Affordability Drops to More Than 10-Year Low in Q4 2018

U.S. Home Affordability Drops to More Than 10-Year Low in Q4 2018

But Affordability Improves From Previous Quarter in 58 Percent of Local Housing Markets; Wage Growth Outpacing Home Price Growth in 22 Percent of Markets, Including San Diego, Brooklyn, Seattle, San Jose and Manhattan IRVINE, Calif. – Dec. 20, 2018 — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q4 2018 U.S…. Read More »

Q2 2017 U.S. Median Home Price at Least Affordable Level Since Q3 2008

Q2 2017 U.S. Median Home Price at Least Affordable Level Since Q3 2008

Median Home Prices Rose Faster Than Wages in 87 Percent of Local Markets; 45 Percent of Markets Less Affordable Than Their Historic Norms, an Eight-Year High IRVINE, Calif. – June 29, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q2 2017 U.S. Home Affordability Index, which shows… Read More »