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Tag: home affordability report

Top 10 Counties Where Home Costs Consumed the Lowest Percentage of Average Wages in Q3 2025

Top 10 Counties Where Home Costs Consumed the Lowest Percentage of Average Wages in Q3 2025

According to ATTOM’s Q3 2025 U.S. Home Affordability Report, across the U.S., the typical monthly cost for mortgage payments, homeowners insurance, mortgage insurance, and property taxes was $2,123 in Q3 2025. That figure held steady from the previous quarter but marked a 6 percent increase compared to the same period last year.... Read More »
Top 10 Counties with the Largest Quarterly Increase in Affordability Indexes in Q3 2024

Top 10 Counties with the Largest Quarterly Increase in Affordability Indexes in Q3 2024

According to ATTOM’s Q3 2024 U.S. Home Affordability Report median-priced single-family homes and condos are still less affordable compared to historical norms in 99 percent of counties with sufficient data. This trend, observed since 2022, reflects a persistent challenge in homeownership, with housing costs consuming historically significant... Read More »
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Home Ownership Slightly More Affordable Across U.S. in Third Quarter but Still Difficult for Average Workers

Home Ownership Slightly More Affordable Across U.S. in Third Quarter but Still Difficult for Average Workers

Major Home-Ownership Expenses Consume 34 Percent of National Average Wage; Portion Ticks Downward as Home-Price Spike Eases and Mortgage Rates Drop; Historical Affordability Also Inches Up While Remaining Weak  IRVINE, Calif. – Sept. 26, 2024 — ATTOM, a leading curator of land, property data, and real estate analytics, today released its... Read More »
Americans Departing High-Priced Housing Markets for More Affordable Alternatives (Infographic)

Americans Departing High-Priced Housing Markets for More Affordable Alternatives (Infographic)

Median home prices in Q1 2018 were not affordable for average wage earners in 304 of 446 U.S. counties (68 percent) analyzed in the most recent home affordability report from ATTOM Data Solutions, and on average across those 446 counties an average wage earner would need to spend 37.2 percent of his or her wages to buy a median-priced home. We... Read More »