Tag: home sales prices
An In-Depth Look at California’s Real Estate Market Using ATTOM
California’s real estate market in 2024 presented a complex mix of affordability challenges, foreclosure activity, and evolving sales trends, according to the latest reports from ATTOM. The Q4 2024 Home Affordability Index revealed mounting pressures on homebuyers, with affordability well below historic benchmarks in many counties due to rising... Read More »
Home Selling Profits Slide Again in 2024 Across U.S. Despite Continued Price Gains
Profit Margins for Sellers Decrease for Second Straight Year; Typical Seller Return Remains Near Record Highs, But Declines to 54 Percent; Returns Dip Even as National Median Home Price Climbs to $350,000 IRVINE, Calif. – Jan. 23, 2024 — ATTOM, a leading curator of land, property data, and real estate analytics, today released its Year-End 2024... Read More »
Home Seller Profit Margins Drop Slightly Across U.S. as Housing Market Slows During Third Quarter
Returns on Typical U.S. Home Sales Remain High but Dip Down Quarterly and Annually; Typical Margin at 56 percent as Median U.S. Home Price Levels Out Over Summer; Median Raw Profits Hold Steady at Just Under $130,000 IRVINE, Calif. – Oct. 17, 2024 — ATTOM, a leading curator of land, property data, and real estate analytics, today released its... Read More »
Opportunity Zone Home Prices Continue Riding Wave of Gains Across U.S. During Second Quarter of 2024
Median Home Values Increase in More Than Half of Opportunity Zones Targeted for Economic Redevelopment; Price Trends Inside Those Zones Continue to Closely Follow National Market Patterns; Some Measures in Opportunity Zones Again Outpace Nationwide Improvements IRVINE, Calif. – Aug. 8, 2024 — ATTOM, a leading curator of land, property,... Read More »
Top 10 U.S. Housing Markets with Highest Priced Homes in Q2 2024
According to ATTOM’s newly released Q2 2024 U.S. Home Sales Report, home sellers achieved a 55.8 percent profit margin on average single-family home and condo sales in the United States during the second quarter. This figure was mostly stable, increasing by approximately one percentage point from the first quarter of 2024, but remaining one point... Read More »