Tag: home affordability

Top 10 U.S. Counties Where Home Price Growth Is Outpacing Wage Growth

Top 10 U.S. Counties Where Home Price Growth Is Outpacing Wage Growth

ATTOM’s newly released Q2 2021 U.S. Home Affordability Report shows that median home prices of single-family homes and condos in Q2 2021 are less affordable than historical averages in 61 percent of the U.S. counties analyzed. The report noted that figure was up from 48 percent in Q2 2020, to the highest point in two years, as home prices have... Read More »
Home Affordability Declines for Average Workers Across U.S. in Second Quarter as Prices Soar

Home Affordability Declines for Average Workers Across U.S. in Second Quarter as Prices Soar

Average Wages Still Above Levels Needed To Afford Typical Home in Second Quarter of 2021; But Historic Affordability Dropped in Almost Two-Thirds of U.S. Housing Markets; National Median Prices Hits New High, Up 22 Percent Over Last Year IRVINE, Calif. – June 24, 2021 — ATTOM, curator of the nation’s premier property database, today released its... Read More »
Top 10 U.S. Counties with Greatest Home Affordability

Top 10 U.S. Counties with Greatest Home Affordability

ATTOM Data Solutions’ new Q1 2021 U.S. Home Affordability Report shows that median home prices of single-family homes and condos in Q1 2021 were more affordable than historical averages in 52 percent of the counties analyzed. That figure was down from 63 percent in Q1 2020 and 95 percent in Q1 2016. The latest home affordability analysis... Read More »
Homeownership Remains Affordable for Average Workers Across Majority of U.S. Despite Price Spikes

Homeownership Remains Affordable for Average Workers Across Majority of U.S. Despite Price Spikes

Average Wage Above Level Needed To Afford Typical Home in First Quarter of 2021; Historic Affordability Improved in First Quarter In About Half of U.S. Housing Markets; National Median Home Price Up 18 Percent Over First Quarter of 2020 IRVINE, Calif. – Apr. 1, 2021 — ATTOM Data Solutions, curator of the nation’s premier property database, today... Read More »
Homeownership Slips Into Unaffordable Territory Across Majority of U.S. in Fourth Quarter of 2020

Homeownership Slips Into Unaffordable Territory Across Majority of U.S. in Fourth Quarter of 2020

Average Wage Below Level Needed To Afford Typical Home in the U.S.; Affordability Worsened in Fourth Quarter in 55 Percent of Housing Markets; Median Home Prices Up At Least 10 Percent in Most of Nation IRVINE, Calif. – Dec. 31, 2020 — ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of... Read More »
Top 10 U.S. Markets Where Homeownership Requires the Smallest Percent of Wages

Top 10 U.S. Markets Where Homeownership Requires the Smallest Percent of Wages

According to ATTOM Data Solutions’ just released Q3 2020 U.S. Home Affordability Report, median home prices of single-family homes and condos are less affordable than historical averages in 63 percent of U.S. counties, up from 54 percent in Q3 2019. This fallback comes as spikes in home prices are outpacing increasing wages and declining mortgage... Read More »
Homeownership Less Affordable for Average Workers Across U.S. in Third Quarter of 2020

Homeownership Less Affordable for Average Workers Across U.S. in Third Quarter of 2020

Portion of Wages Needed for Home Ownership Exceeds 28 Percent Lending Benchmark in Almost Two-Thirds of Nation; Affordability Also Worse Than Historical Averages in Nearly Two-Thirds of Country; Median Home Prices Up At Least 10 Percent in Half of U.S. IRVINE, Calif. – Sept. 24, 2020 — ATTOM Data Solutions, curator of the nation’s premier... Read More »

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