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 »
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 »
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 »
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 »