Tag: Affordability
Top 10 Counties with The Worst Home Affordability
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 »
Q4 2018 Home Seller Gains by Market
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 price, a slight decline from last... Read More »
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:... Read More »
Top 5 Counties Where Owning a Home is Affordable
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, which covers more than 155... Read More »
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
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... Read More »Popular Posts
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Home Flipping Plummets Across U.S. in 2023 as Profits Slump Again
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U.S. Foreclosure Activity Increases Quarterly in Q1 2024
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Property Taxes on Single-Family Homes Up 7 Percent Across U.S. in 2023, to $363 Billion
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Top 10 U.S. Counties with Highest Effective Property Tax Rates in 2023
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U.S. Foreclosure Activity Continues to See an Annual Increase
