Tag: buy or rent
Owning a Home More Affordable Than Renting Across U.S. but Both Still Pose Significant Burdens
Home-Ownership Expenses Consume Smaller Portion of Wages Than Three-Bedroom Rents in Majority of Local Markets; Owning Still More Favorable Despite Home Prices Rising Faster Than Rents; Both Options Remain a Financial Stretch for Average Workers Around Nation IRVINE, Calif. – Feb. 6, 2025 — ATTOM, a leading curator of land, property data,... Read More »
Renting a Home Still More Affordable Than Owning Across U.S. Even as Both Remain Financial Stretch
Home Rental and Ownership Still Difficult in 2024 for Average Workers in Most of Nation But Renting Less of a Burden in Nearly 90 Percent of Local Markets Trend Continues Despite Rents Growing Faster Than Home Prices IRVINE, Calif. – Jan. 18, 2024 — ATTOM, a leading curator of land, property and real estate data, today released its 2024 Rental... Read More »
Top 10 U.S. Housing Markets Most Affordable for Renting in 2022
According to ATTOM’s just released 2022 Rental Affordability Report, home ownership remains more affordable than renting, even though median home prices have increased more than average rents and more than averages wages in 88 percent of U.S. counties analyzed. ATTOM’s 2022 rental affordability report shows that owning a median-priced home is... Read More »
Home Ownership More Affordable Than Renting in Majority of U.S. Housing Markets
Home Prices Growing Faster Than Rents in Nearly 90 Percent of nation; But Prices Still More Affordable in Almost 60 Percent of U.S. Markets; Renting Remains More Financially Viable in Most-Populous Urban Areas IRVINE, Calif. – Jan. 6, 2022 — ATTOM, curator of the nation’s premier property database, today released its 2022 Rental Affordability... Read More »
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 »