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Tag: house affordability

U.S. Home Affordability Drops to Lowest Level in 10 Years

U.S. Home Affordability Drops to Lowest Level in 10 Years

Home Prices Less Affordable Than Historic Averages In 78 Percent of Local Markets; 30 Percent of Population in Markets Requiring $100,000+ in Annual Income to Buy a Home IRVINE, Calif. – Oct., 4, 2018 — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q3 2018 U.S. Home Affordability Report, which shows... Read More »
Median-Priced Homes Not Affordable for Average Wage Earners in 68 Percent of U.S. Housing Markets

Median-Priced Homes Not Affordable for Average Wage Earners in 68 Percent of U.S. Housing Markets

73 Percent of Markets Less Affordable Than a Year Ago; Eight of 10 Highest-Priced Counties Post Negative Net Migration in 2017 IRVINE, Calif. – March 29, 2018 — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q1 2018 U.S. Home Affordability Report, which shows that median home prices in Q1 2018 were not... Read More »
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Making America Unaffordable Again

Since bottoming out in the first quarter of 2012, U.S. median home prices have risen 69 percent while average weekly wages have risen just 9 percent during the same time period, pushing more and more local housing markets into a home affordability crunch — and not just those expensive politically “blue” markets on the coasts. In... Read More »
Q2 2017 U.S. Median Home Price at Least Affordable Level Since Q3 2008

Q2 2017 U.S. Median Home Price at Least Affordable Level Since Q3 2008

Median Home Prices Rose Faster Than Wages in 87 Percent of Local Markets; 45 Percent of Markets Less Affordable Than Their Historic Norms, an Eight-Year High IRVINE, Calif. – June 29, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its Q2 2017 U.S. Home Affordability... Read More »