Tag: Home Prices
Top 10 Opportunity Zones Where Home Prices Nearly Doubled in Q3 2020
According to ATTOM Data Solutions’ newly released Q3 2020 Opportunity Zones Report, median home prices increased from Q3 2019 to Q3 2020 in 74 percent of qualified opportunity zones established by Congress in the Tax Cuts and Jobs act of 2017. For this report, ATTOM identified 1,737 zones with sufficient sales data to analyze, meaning those zones... Read More »
Home Prices Rising at Slower Pace in Opportunity Zone Redevelopment Areas Than Nationwide
Median Prices Increase During Third Quarter of 2020 in 74 Percent of Zones Targeted for Tax Breaks; Prices Rise More than 10 Percent in Half the Zones IRVINE, Calif. – Nov. 12, 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... Read More »
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 »
Top 10 MSAs with Greatest Annual Increases in Profit Margins on Home Seller Gains
ATTOM Data Solutions’ newly released Q2 2020 U.S. Home Sales Report revealed that nationwide home sellers realized a gain of $75,971 on the typical sale, marking another peak level of raw profits in the U.S. since the housing market began recovering from the Great Recession in 2012. The report noted that latest figure, based on median purchase... Read More »
U.S. Home Seller Profits Rise To 36 Percent In Second Quarter Of 2020
Despite Coronavirus Pandemic, Typical Seller Profit Margin Reaches New High Nationwide; Margins Increase in Three-Quarters of Markets Across the Nation IRVINE, Calif. – July 23, 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... Read More »