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Tag: Home Prices

Top 10 Opportunity Zones Where Home Prices Nearly Doubled Annually in Q1 2023

Top 10 Opportunity Zones Where Home Prices Nearly Doubled Annually in Q1 2023

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 »
Opportunity Zone Home Price Trends Mixed In First Quarter 2023, Matching Patterns Nationwide

Opportunity Zone Home Price Trends Mixed In First Quarter 2023, Matching Patterns Nationwide

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 »
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U.S. Home-Sellers Experience Further Decline In Profits In Q1 2023

U.S. Home-Sellers Experience Further Decline In Profits In Q1 2023

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 »
Top 10 U.S. Housing Markets Where Wages Are Outpacing Home Prices

Top 10 U.S. Housing Markets Where Wages Are Outpacing Home Prices

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 »
Homeownership Slightly More Affordable In U.S. During First Quarter Of 2023 As Housing Market Remains Stalled

Homeownership Slightly More Affordable In U.S. During First Quarter Of 2023 As Housing Market Remains Stalled

Portion of Average Wages Consumed by Major Home-Ownership Costs Ticks Down to 30 Percent; Affordability Improves as Nationwide Median Home Price Stays Flat; But Historic Affordability Still Weak Throughout U.S. IRVINE, Calif. – Mar. 30, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its first-quarter 2023... Read More »
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Top 10 Opportunity Zones with Lowest Median Home Prices

Top 10 Opportunity Zones with Lowest Median Home Prices

ATTOM’s newly released Q4 2022 Opportunity Zones Report found that median single-family home and condo prices decreased from Q3 to Q4 2022 in 56 percent of qualified zones around the country, and went down at least 5 percent in almost half. The report noted those declines closely paralleled drops in neighborhoods outside the zones as prices fell... Read More »
Home Prices In Opportunity Zone Redevelopment Areas Fall During Fourth Quarter

Home Prices In Opportunity Zone Redevelopment Areas Fall During Fourth Quarter

Median Home Values Decline from Third to Fourth Quarter of 2022 in More Than Half of Opportunity Zones Targeted for Economic Redevelopment; Drop-off Matches Broader Nationwide Downturn; Values Still Up Annually in Almost Two-Thirds of Zones Even as Market Cools IRVINE, Calif. – Feb. 16, 2023 — ATTOM, a leading curator of land, property, and real... Read More »