This week ATTOM Data Solutions released its Q1 2019 U.S. Home Affordability Index, which shows that median-priced homes were not affordable for average wage earners in the first quarter of 2019 in 71 percent of the U.S. housing markets. Affordability for average wage earners was determined by calculating the amount of income needed to make… Read More »
ATTOM Data Solutions is set to release its Year-End 2018 Home Sales Report next week, but before we do, we wanted to give you a teaser on home seller gains in those 20 markets covered by Case-Shiller. Nationally, homeowners who sold in Q4 2018 sold for an average of $54,500 more than their original purchase… Read More »
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 »
If you caught ATTOM Data Solutions latest 2019 Buy vs. Rent report, you saw that renting is now more affordable than buying in 59 percent of U.S. Housing Markets. Therefore, ATTOM decided to do a deeper data dive into some of those areas, where home affordability is still a possibility. Using ATTOM’s sales history data,… Read More »
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 »
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 »
Home Prices Less Affordable Than Historic Averages In 59 Percent of Local Markets; 75 Percent of Local Markets Not Affordable for Average Wage Earners IRVINE, Calif. – June 21, 2018 — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q2 2018 U.S. Home Affordability Report, which shows that the U.S…. Read More »
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 »
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 close,” assures Thornberg, Founding… Read More »
Rents and Home Prices Rising Faster than Wages in Majority of Markets Counties in San Francisco, DC, Key West, Hawaii Top Least Affordable Rental Markets Rents Rising Faster Than Home Prices in San Diego, Orange County, Dallas, San Jose IRVINE, Calif. – Jan. 5, 2017 — ATTOM Data Solutions, curator of the nation’s largest fused… Read More »
