Tag: 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
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 »
Top 10 U.S. Housing Markets Most Affordable for Renting in 2023
According to ATTOM’s just released 2023 Rental Affordability Report, the average three-bedroom rent is more affordable than owning a comparably sized median-priced home in 95 percent of U.S. counties analyzed. The report also shows that both renting and owning a three-bedroom home are significant financial burdens for households around the U.S.,... Read More »
Renting More Affordable Than Homeownership Across Most Of The Nation In 2023
Rents Rising Faster Than Home Prices in Almost Half the U.S.; Both Renting and Owning Unaffordable for Average Workers Throughout the Country; Renting Still More Manageable in Vast Majority of Markets IRVINE, Calif. – Jan. 19, 2023 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its 2023 Rental... Read More »
Home Affordability Worsens Across U.S. During Fourth Quarter of 2022 Despite Declining Home Prices
Major Home-Ownership Costs Consume 32 Percent of Average National Wage, Hitting 15-Year High; Portion of Wages Needed to Own Shoots Up as Rising Interest Rates Outweigh Falling Prices IRVINE, Calif. – Dec. 22, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its fourth-quarter 2022 U.S.... Read More »