Tag: Affordability
Top 10 U.S. Counties Requiring Highest Percentage of Annualized Wages to Buy a Home
According to ATTOM’s just released Q2 2024 U.S. Home Affordability Report, median-priced single-family homes and condos remained less affordable in the second quarter of 2024 compared to historical averages in 99 percent of counties with sufficient data. This trend, which began in early 2022, indicates that homeownership continues to require... Read More »
California, New Jersey and Illinois Still Facing Higher Risk of Housing Market Decline
New York City and Chicago Areas More Exposed to Market Downturns; At-Risk Locations Have Weaker Affordability, Foreclosure, Underwater and Job Numbers; Lower Risk Again Mainly Spread Across Southern and Midwestern Regions IRVINE, Calif. — March 7, 2024 — ATTOM, a leading curator of land, property, and real estate data, today released a Special... Read More »
Real Estate 2024: The Three Keys To Watch
As the 2024 real estate market comes into view, there’s much for which to be thankful. Despite steep interest rates, little residential inventory, and falling sales, 2023 stood up fairly well. Indeed, it may provide a solid basis for the coming 12 months given that in the past year inflation cooled, home prices rose, and a new option may... Read More »
Top 10 U.S. Counties with Greatest Annual Median Home Price Gains in Q2 2022
ATTOM’s just released Q2 2022 U.S. Home Affordability Report shows that median-priced single-family homes and condos were less affordable in Q2 2022, compared to historical averages in 97 percent of U.S. counties. The report noted that figure was up from 69 percent in Q2 2021, to the highest point since 2007 – just before the housing market... Read More »
ATTOM Webinar Summary: Forecast for the Winter Real Estate Market
Is the market cooling off? This webinar, presented by ATTOM Chief Product and Technology Officer, Todd Teta, and Altos Research Founder and CEO, Mike Simonsen, looks at the supply and demand signals for the market’s trajectory this winter, as well as what to expect when it comes to inventory and prices. During this webinar, Todd Teta for... Read More »
Home Affordability Declines for Average Workers Across U.S. in Second Quarter as Prices Soar
Average Wages Still Above Levels Needed To Afford Typical Home in Second Quarter of 2021; But Historic Affordability Dropped in Almost Two-Thirds of U.S. Housing Markets; National Median Prices Hits New High, Up 22 Percent Over Last Year IRVINE, Calif. – June 24, 2021 — ATTOM, curator of the nation’s premier property database, today released its... Read More »