Tag: home affordability
Median-Priced Homes Not Affordable for Average Wage Earners in 74 Percent of U.S. Housing Markets
Home Prices Outpacing Wages in 40 percent of U.S. Housing Markets; Home Prices Less Affordable Than Historic Average in 61 Percent of Local Markets IRVINE, Calif. – June 27, 2019 — 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 Q2 2019 U.S.... Read More »
Top 10 Counties with The Worst Home Affordability
This week ATTOM Data Solutions released its Q1 2019 U.S. Home Affordability Index, which shows that median-priced homes were not affordable for average wage earners in the first quarter of 2019 in 71 percent of the U.S. housing markets. Affordability for average wage earners was determined by calculating the amount of income needed to make... Read More »
Median-Priced Homes Not Affordable for Average Wage Earners in 71 Percent of U.S. Housing Markets
Home Prices Less Affordable Than Historic Average in 49 Percent of Local Markets; 65 Percent of Markets Less Affordable Than a Year Ago IRVINE, Calif. – March 28, 2019 — 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 Q1 2019 U.S. Home... Read More »
Top 5 Counties Where Owning a Home is Affordable
If you caught ATTOM Data Solutions latest 2019 Buy vs. Rent report, you saw that renting is now more affordable than buying in 59 percent of U.S. Housing Markets. Therefore, ATTOM decided to do a deeper data dive into some of those areas, where home affordability is still a possibility. Using ATTOM’s sales history data, which covers more than 155... Read More »
U.S. Home Affordability Drops to More Than 10-Year Low in Q4 2018
But Affordability Improves From Previous Quarter in 58 Percent of Local Housing Markets; Wage Growth Outpacing Home Price Growth in 22 Percent of Markets, Including San Diego, Brooklyn, Seattle, San Jose and Manhattan IRVINE, Calif. – Dec. 20, 2018 — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q4... Read More »
U.S. Home Affordability Drops to Lowest Level in 10 Years
Home Prices Less Affordable Than Historic Averages In 78 Percent of Local Markets; 30 Percent of Population in Markets Requiring $100,000+ in Annual Income to Buy a Home IRVINE, Calif. – Oct., 4, 2018 — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q3 2018 U.S. Home Affordability Report, which shows... Read More »