home affordability Archives

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

by ATTOM Staff | Jun 25, 2020 | Home Sales & Prices, Most Recent Articles

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... Read More »

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

by Jennifer Von Pohlmann | May 12, 2020 | Foreclosures, Home Sales & Prices, Industry Voices, Most Recent Articles

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 decisions. Unlike other... Read More »

Top 10 U.S. Counties Where Homebuying is Most Affordable

by Christine Stricker | Mar 27, 2020 | #figuresfriday, Home Sales & Prices, Most Recent Articles

According to ATTOM Data Solutions’ Q1 2020 U.S. Home Affordability Report released this week, median home prices are unaffordable for average wage earners in 66 percent or 319 of 483 of the U.S. counties analyzed. That figure is down from 70.4 percent in Q4 2019 and 69.8 percent from Q1 2019. However, the report also shows that owning a... Read More »

Home Affordability Improves for Average U.S. Wage Earners to Best Level in Over Two Years

by ATTOM Staff | Mar 26, 2020 | Home Sales & Prices, Most Recent Articles

Home Ownership Consumes 31.1 Percent of Average Wage in First Quarter 2020; Home Prices Still Unaffordable in 66 Percent of Local Markets IRVINE, Calif. – March, 26, 2020 — 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 first-quarter 2020... Read More »

The Most and Least Affordable U.S. Housing Markets in Q4 2019

by Christine Stricker | Dec 20, 2019 | #figuresfriday, Home Sales & Prices, Most Recent Articles

According to ATTOM Data Solutions’ Q4 2019 U.S. Home Affordability Report issued this week, median home prices remain unaffordable for average U.S. wage earners. The report cites that is the case in 344 of 486, or 71 percent of the U.S. counties analyzed. That number is down from 73 percent from Q3 2019 and 75 percent from Q4 2018. ATTOM’s... Read More »

Median Home Prices Still Unaffordable for Average U.S. Wage Earners in Q4 2019

by ATTOM Staff | Dec 17, 2019 | Home Sales & Prices, Most Recent Articles

Home Ownership Consumes 32.5 Percent of Wages in Fourth Quarter, Down From 2018; Declining Mortgage Rates and Increasing Wages Overcoming Rising Prices; Home Prices Still Less Affordable Than Historic Averages in 49 Percent of Local Markets, Down from 72 Percent a Year Ago IRVINE, Calif. – Dec. 19, 2019 — ATTOM Data Solutions, curator of the... Read More »

Top 10 U.S. Counties with Worst and Best Home Affordability

by Christine Stricker | Sep 27, 2019 | #figuresfriday, Most Recent Articles

With 74 percent of U.S. housing markets unaffordable for average wage earners to buy a median-priced home, where are the areas that are still affordable? As cited in ATTOM Data Solutions’ just released Q3 2019 U.S. Home Affordability Report, the largest populated counties where a median-priced home in Q3 2019 was not affordable for average wage... Read More »

Tag: home affordability