As the 2024 real estate market comes into view, there’s much for which to be thankful. Despite steep interest rates, little residential inventory, and falling sales, 2023 stood up fairly well. Indeed, it may provide a solid basis for the coming 12 months given that in the past year inflation cooled, home prices rose, and a new option may... Read More »
ATTOM’s just released Q4 2023 U.S. Home Affordability Report revealed that median-priced single-family homes and condos remain less affordable in Q4 2023 compared to historical averages in 99 percent of counties analyzed. According to ATTOM’s latest home affordability analysis, the most recent trend continues a pattern dating back to 2021 of home... Read More »
Major Home-Ownership Expenses Again Require One-Third of Average Wage Nationwide, a 16-Year High; Historical Affordability Also Stays at Worst Point Since 2007; But Both Measures End Nearly Three-Year Slide Amid Mixed Trends in Home Prices and Mortgage Rates IRVINE, Calif. – Dec. 21, 2023 —ATTOM, a leading curator of land, property, and real... Read More »
According to ATTOM’s newly released Q3 2023 Opportunity Zones Report, median single-family home and condo prices rose from Q2 to Q3 2023 in 54 percent of Opportunity Zones around the country and rose at least 5 percent in close to half. ATTOM’s latest opportunity zones report noted those price improvements in and around low-income neighborhoods... Read More »
Median Home Values Increase in Majority of Opportunity Zones Targeted for Economic Redevelopment Around U.S.; Price Trends Inside Zones Continue to Roughly Match Broader Market Patterns; Opportunity Zone Home Values Again Improve Slightly More Than Elsewhere IRVINE, Cal. – Nov. 16, 2023 — ATTOM, a leading curator of land, property, and real... Read More »
According to ATTOM’s recently released Q3 2023 U.S. Home Sales Report, profit margins on median-priced single-family home and condo sales in the U.S. increased to 59 percent – the second straight quarterly increase following several declines. ATTOM’s latest home sales analysis reported that the improvement in typical profit margins, from 56.6... Read More »
According to ATTOM’s just released Q3 2023 U.S. Home Affordability Report, median-priced single-family homes and condos are less affordable compared to historical averages in 99 percent of U.S. counties analyzed. ATTOM’s latest home affordability analysis noted that trend continues a two-year pattern of home ownership getting more and more... Read More »