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Tag: home affordability

Top 10 U.S. Counties With Highest Wages Needed to Buy A Home in Q4 2023

Top 10 U.S. Counties With Highest Wages Needed to Buy A Home in Q4 2023

ATTOM’s just released Q4 2023 U.S. Home Affordability Report revealed that median-priced single-family homes and condos remain less affordable in Q4 2023 compared to historical averages in 99 percent of counties analyzed. According to ATTOM’s latest home affordability analysis, the most recent trend continues a pattern dating back to 2021 of home... Read More »
Home Affordability Remains Difficult Across U.S. During Fourth Quarter Even As Prices Dip Downward

Home Affordability Remains Difficult Across U.S. During Fourth Quarter Even As Prices Dip Downward

Major Home-Ownership Expenses Again Require One-Third of Average Wage Nationwide, a 16-Year High; Historical Affordability Also Stays at Worst Point Since 2007; But Both Measures End Nearly Three-Year Slide Amid Mixed Trends in Home Prices and Mortgage Rates IRVINE, Calif. – Dec. 21, 2023 —ATTOM, a leading curator of land, property, and real... Read More »
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Top 10 U.S. Housing Markets Considered Affordable in Q3 2023

Top 10 U.S. Housing Markets Considered Affordable in Q3 2023

ATTOM’s recently released Q3 2023 U.S. Home Affordability Report revealed that affordability worsened across the nation amid a third-quarter increase in home prices and home-mortgage rates, which combined to help push the typical portion of average wages nationwide required for major home-ownership expenses up to 35 percent. The latest home... Read More »
Top 10 U.S. Counties Where Home Prices Are Rising Faster Than Wages

Top 10 U.S. Counties Where Home Prices Are Rising Faster Than Wages

According to ATTOM’s just released Q3 2023 U.S. Home Affordability Report, median-priced single-family homes and condos are less affordable compared to historical averages in 99 percent of U.S. counties analyzed. ATTOM’s latest home affordability analysis noted that trend continues a two-year pattern of home ownership getting more and more... Read More »
Home Affordability Gets Even Tougher Across U.S. During Third Quarter As Home Prices And Mortgage Rates Rise Further

Home Affordability Gets Even Tougher Across U.S. During Third Quarter As Home Prices And Mortgage Rates Rise Further

Major Home-Ownership Expenses Consume 35 Percent of Average Wage Nationwide, Reaching Another High Over the Past Decade; While Historic Affordability Drops to New Low IRVINE, Calif. – Sept. 28, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its third-quarter 2023 U.S. Home Affordability Report showing that... Read More »
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Top 10 U.S. Counties With Highest Income Needed to Buy A Home

Top 10 U.S. Counties With Highest Income Needed to Buy A Home

According to ATTOM’s just released Q2 2022 U.S. Home Affordability Report, affordability has worsened across the nation this quarter amid a renewed jump in home prices that has pushed the typical portion of average wages nationwide required for major home-ownership expenses up to 33 percent. ATTOM’s latest home affordability analysis found that... Read More »
Home Affordability Worsens Across U.S. During Second Quarter Of 2023 As Home Prices Tick Upwards

Home Affordability Worsens Across U.S. During Second Quarter Of 2023 As Home Prices Tick Upwards

Major Home-Ownership Expenses Consume One-Third of Average Wage; Historic Affordability Hits Low Point Since 2007; Affordability Declines as Median Home Price Spikes 10 Percent IRVINE, Calif. – June 29, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its second-quarter 2023 U.S. Home Affordability Report... Read More »