Tag: home aaffordability

Rising Prices and Mortgage Rates Make Homeownership Unaffordable Across Most of the U.S.

by ATTOM Team | Jun 30, 2022 | Home Sales & Prices, Real Estate News - Recent Articles

Nearly One-Third of Average Wages Required for Major Home-Ownership Expenses During Second Quarter of 2022; Portion of Wages Consumed by Home Ownership Rises at Fastest Pace This Century; Historic Affordability Plummets to 15-Year Low as Median Home Price Hits $349,000 and Mortgage Rates Top 5 percent IRVINE, Calif. – June 30, 2022 — ATTOM, a... Read More »