ATTOM’s recently released Q3 2023 U.S. Home Affordability Report revealed that affordability worsened across the nation amid a third-quarter increase in home prices and home-mortgage rates, which combined to help push the typical portion of average wages nationwide required for major home-ownership expenses up to 35 percent. The latest home... Read More »
Since bottoming out in the first quarter of 2012, U.S. median home prices have risen 69 percent while average weekly wages have risen just 9 percent during the same time period, pushing more and more local housing markets into a home affordability crunch — and not just those expensive politically “blue” markets on the coasts. In... Read More »
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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