Tag: Affordability
Top 10 Most & Least Affordable Rental Markets in 2020
ATTOM Data Solutions’ 2020 Rental Affordability Report just released reveals the split between different-sized markets, with home ownership more affordable mainly in lightly populated counties and renting more affordable in more populous suburban or urban areas. According to the analysis, owning a median-priced, three-bedroom home is more... Read More »
Buying A Home Is More Affordable Than Renting In 53 Percent Of U.S. Housing Markets
Renting More Affordable Mainly in Suburban and Urban Counties; Home Price Gains Outpacing Wages in 66 Percent of U.S. Markets IRVINE, Calif. – Jan. 9, 2020 — ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released its 2020 Rental Affordability Report,... Read More »
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 »