Major Home-Ownership Expenses Consume One-Third of Average Wage; Historic Affordability Hits Low Point Since 2007; Affordability Declines as Median Home Price Spikes 10 Percent IRVINE, Calif. – June 29, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its second-quarter 2023 U.S. Home Affordability Report... Read More »
According to ATTOM’s Q1 2023 Special Housing Impact Report, which spotlights how the recent U.S. housing market downturn is starting to affect counties around the nation, the Western region and other more-upscale areas are bearing the greater brunt so far. ATTOM’s latest analysis, based on key measures from Q1 2023, found that the West and those... Read More »
Oregon and Washington Among Higher-Priced Areas of Nation Absorbing More of Recent Market Decline Based on Key Measures from First Quarter of 2023; Other Areas of U.S. in Lower Price Ranges Showing Less Impact from Downturn IRVINE, Calif. — June 15, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released a Special... Read More »
ATTOM’s newly released Q1 2023 Opportunity Zones Report found that median single-family home and condo prices stayed the same or decreased from Q4 2022 to Q1 2023 in 52 percent of qualified zones, and fell at least 3 percent in almost half. The report noted that at the same time, prices increased by at least that much in about 40 percent of those... Read More »
Median Home Values Decline in About Half of Zones Targeted for Economic Redevelopment; Trends Mostly Match Broader Nationwide Market Slowdown; But One Measure Shows Opportunity Zones Holding Up Slightly Better Than Other Local Markets IRVINE, Calif. – May 18, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released... Read More »
Profit Margins on Typical Home Sales Nationwide Drop to Two-Year Low as Home Prices Remain Flat; Investment Returns Decline Quarterly by Five Points; Median Home Values Down Again in Most Markets IRVINE, Calif. – Apr. 27, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its first-quarter 2023 U.S. Home Sales... Read More »
According to ATTOM’s recently released Q1 2023 U.S. Home Affordability Report, the mixed picture facing home buyers – prices remaining a financial stretch but getting a bit more affordable – reflects a softening of the U.S. housing market combined with rising wages, at a time when home-mortgage rates have stabilized following a year of increases.... Read More »