Tag: home affordability
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 »
Top 10 U.S. Counties with Lowest Annual Wages Required to Afford Typical Home
According to ATTOM’s just released Q3 2021 U.S. Home Affordability Report, median-priced single-family homes are less affordable in Q3 2021, compared to historical averages in 75 percent of the U.S. counties analyzed. The report noted that with home prices increasing faster than wages in much of the country, that figure is up from 56 percent in... Read More »
Home Affordability Slips Again for Average Workers Across U.S. in Third Quarter Amid Ongoing Price Runup
Typical Home Still Within Means of Average Wage Earner in Third Quarter of 2021; But Historic Affordability Drops in Three-Quarters of U.S. Housing Markets; National Median Home Price Rises 18 Percent to Another New High IRVINE, Calif. – Sept. 23, 2021 — ATTOM, curator of the nation’s premier property database, today released its third-quarter... Read More »
Top 10 U.S. Counties Where Home Price Growth Is Outpacing Wage Growth
ATTOM’s newly released Q2 2021 U.S. Home Affordability Report shows that median home prices of single-family homes and condos in Q2 2021 are less affordable than historical averages in 61 percent of the U.S. counties analyzed. The report noted that figure was up from 48 percent in Q2 2020, to the highest point in two years, as home prices have... Read More »
Home Affordability Declines for Average Workers Across U.S. in Second Quarter as Prices Soar
Average Wages Still Above Levels Needed To Afford Typical Home in Second Quarter of 2021; But Historic Affordability Dropped in Almost Two-Thirds of U.S. Housing Markets; National Median Prices Hits New High, Up 22 Percent Over Last Year IRVINE, Calif. – June 24, 2021 — ATTOM, curator of the nation’s premier property database, today released its... Read More »
Top 10 U.S. Counties with Greatest Home Affordability
ATTOM Data Solutions’ new Q1 2021 U.S. Home Affordability Report shows that median home prices of single-family homes and condos in Q1 2021 were more affordable than historical averages in 52 percent of the counties analyzed. That figure was down from 63 percent in Q1 2020 and 95 percent in Q1 2016. The latest home affordability analysis... Read More »