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Tag: Affordability

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:... Read More »
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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... Read More »
U.S. Home Prices at Least Affordable Level Since Q3 2008

U.S. Home Prices at Least Affordable Level Since Q3 2008

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. home... Read More »
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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... Read More »

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