Tag: home affordability

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… 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 »

Home Affordability Increasing for Average Workers Across Majority of U.S. in Second Quarter of 2020

Home Affordability Increasing for Average Workers Across Majority of U.S. in Second Quarter of 2020

Portion of Wages Needed for Home Ownership Exceeds 28 Percent Lending Benchmark in Almost Three-Quarters of Nation; But Affordability Now Better Than Historical Averages in Half the Country; Coronavirus Yet to Have Major Impact on Home Affordability IRVINE, Calif. – June 25, 2020 — ATTOM Data Solutions, curator of the nation’s premier property database and… Read More »

Webinar: ATTOM’s COVID-19 Impact Ranking of Vulnerable U.S. Housing Markets

Webinar: ATTOM’s COVID-19 Impact Ranking of Vulnerable U.S. Housing Markets

As part of our commitment to provide housing market updates and real world solutions to understand and address the challenges presented by the crisis we are facing in the wake of the Coronovirus pandemic, ATTOM Data Solutions presented a webinar on what the future of housing will look like based on the data driving the… Read More »