Tag: Affordability
An In-Depth Look at California’s Real Estate Market Using ATTOM
California’s real estate market in 2024 presented a complex mix of affordability challenges, foreclosure activity, and evolving sales trends, according to the latest reports from ATTOM. The Q4 2024 Home Affordability Index revealed mounting pressures on homebuyers, with affordability well below historic benchmarks in many counties due to rising... Read More »
An In-Depth Look at Florida’s Real Estate Market Using ATTOM
Key Insights on Foreclosures, Affordability, Home Prices, and Sales Trends Florida, the Sunshine State, presents a dynamic real estate market influenced by various factors, including economic cycles, migration patterns, and natural disasters. Using data from ATTOM, we explore key aspects such as foreclosures, affordability, home prices, and... Read More »
Top 10 Counties with the Largest Quarterly Increase in Affordability Indexes in Q4 2024
According to ATTOM’s Q4 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 »
Top 10 Most Vulnerable U.S. Housing Markets in Q3 2024
According to ATTOM’s newly released Q3 2024 Housing Market Impact Risk Report, California, New Jersey, and Illinois once again feature a high concentration of the most at-risk markets, with several areas in Florida also falling into this category. Meanwhile, the least-vulnerable markets remain predominantly clustered in the South. The report... Read More »
Housing Markets Facing Greater Risk of Decline Concentrated in California, New Jersey, Illinois, and Florida
New York City and Chicago Areas More Vulnerable to Drop-offs Along with Inland California; South Still Faces Relatively Small Exposure; IRVINE, Calif. — Dec. 5, 2024 — ATTOM, a leading curator of land, property data, and real estate analytics, today released its latest Special Housing Market Impact Risk Report spotlighting county-level housing... Read More »
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 »