Tag: home affordability

Median-Priced Homes Not Affordable for Average Wage Earners in 71 Percent of U.S. Housing Markets

Median-Priced Homes Not Affordable for Average Wage Earners in 71 Percent of U.S. Housing Markets

Home Prices Less Affordable Than Historic Average in 49 Percent of Local Markets; 65 Percent of Markets Less Affordable Than a Year Ago IRVINE, Calif. – March 28, 2019 — ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS), today released its Q1 2019 U.S. Home Affordability… Read More »

U.S. Home Affordability Drops to More Than 10-Year Low in Q4 2018

U.S. Home Affordability Drops to More Than 10-Year Low in Q4 2018

But Affordability Improves From Previous Quarter in 58 Percent of Local Housing Markets; Wage Growth Outpacing Home Price Growth in 22 Percent of Markets, Including San Diego, Brooklyn, Seattle, San Jose and Manhattan IRVINE, Calif. – Dec. 20, 2018 — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q4 2018 U.S…. 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… Read More »

Median-Priced Homes Not Affordable for Average Wage Earners in 68 Percent of U.S. Housing Markets

Median-Priced Homes Not Affordable for Average Wage Earners in 68 Percent of U.S. Housing Markets

73 Percent of Markets Less Affordable Than a Year Ago; Eight of 10 Highest-Priced Counties Post Negative Net Migration in 2017 IRVINE, Calif. – March 29, 2018 — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q1 2018 U.S. Home Affordability Report, which shows that median home prices in Q1… Read More »

Buying a Home More Affordable Than Renting in 54 Percent of U.S. Markets

Buying a Home More Affordable Than Renting in 54 Percent of U.S. Markets

But 64 Percent of Population Live in Markets More Affordable to Rent Than Buy; Least Affordable Rental Markets Led by Counties in Northern California, DC, Brooklyn; Most Affordable Rental Markets in Alabama, Illinois, Ohio, Tennessee IRVINE, Calif. – Jan. 11, 2018 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released… Read More »

Home Affordability Improves in 60 Percent of U.S. Markets in Q3 2017 Compared to Previous Quarter

Home Affordability Improves in 60 Percent of U.S. Markets in Q3 2017 Compared to Previous Quarter

Affordability Still Worsens From a Year Ago in 79 Percent of Local Markets; Wage Growth Outpaces Home Price Growth in 48 Percent of Markets Over Past Year; U.S. Home Prices Up 73 Percent, Wages Up 13 Percent Since Q1 2012 IRVINE, Calif. – Oct. 5, 2017 — ATTOM Data Solutions, curator of the nation’s largest… Read More »