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Tag: home affordability

Top 10 U.S. Housing Markets Most and Least Affordable in Q3 2022

Top 10 U.S. Housing Markets Most and Least Affordable in Q3 2022

ATTOM’s just released Q3 2022 U.S. Home Affordability Report shows that median-priced single-family homes and condos remain less affordable in Q3 2022 compared to historical averages in 99 percent of U.S. counties analyzed. The report notes that figure continues to be far above the 69 percent of counties that were historically less affordable in... Read More »
Homeownership Still Unaffordable Across Most of U.S. But Declining Home Prices May Provide Relief for Homebuyers

Homeownership Still Unaffordable Across Most of U.S. But Declining Home Prices May Provide Relief for Homebuyers

Major Home-Ownership Costs Require 30 Percent of Average National Wage in Third Quarter of 2022; But Portion of Wages Needed for Home Ownership Dips as Home Prices Decrease Quarterly, to $340,000; Historic Affordability Remains Worse Than Average Almost Everywhere Across Nation IRVINE, Calif. – Sept. 29, 2022 — ATTOM, a leading curator of real... Read More »
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California, New Jersey and Illinois Again Dominate List of Vulnerable Housing Markets

California, New Jersey and Illinois Again Dominate List of Vulnerable Housing Markets

Chicago and New York City Areas Remain Most Exposed to Potential Downturns in Second Quarter of 2022; Other More-At-Risk Markets Scattered Around Nation; Less Vulnerable Areas Spread Over South, Midwest and Northeast IRVINE, Calif. — Sept. 15, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data, today... Read More »
Home Affordability Gets Tougher Across the U.S. As Prices and Mortgage Rates Surge

Home Affordability Gets Tougher Across the U.S. As Prices and Mortgage Rates Surge

Portion of Wages Required for Homeownership Grows at Fastest Pace in More Than 15 Years; Historic Affordability Down in Almost 80 Percent of Markets as Median Home Price Hits $320,000 IRVINE, Calif. – Apr. 7, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its first-quarter 2022 U.S. Home... Read More »
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Top 10 U.S. Counties More Affordable Than Their Historic Averages

Top 10 U.S. Counties More Affordable Than Their Historic Averages

ATTOM’s just released Q4 2021 U.S. Home Affordability Report shows the latest pattern in home affordability – home prices still manageable, but getting less affordable – has resulted in major ownership costs on the typical home consuming 25.2 percent of the average national wage of $65,546. According to ATTOM’s latest home affordability analysis,... Read More »
Homeownership In U.S. Again Less Affordable In Fourth Quarter As Prices Keep Soaring

Homeownership In U.S. Again Less Affordable In Fourth Quarter As Prices Keep Soaring

Typical Home Remains Within Means of Average Wage Earner in Fourth Quarter of 2021; But Historic Affordability Down in Three-Quarters of U.S. Markets; National Median Home Price Hits $317,500, Another New High IRVINE, Calif. – Dec. 30, 2021 — ATTOM, curator of the nation’s premier property database, today released its fourth-quarter 2021 U.S.... Read More »