Tag: wages
Home-Ownership Remains Financial Stretch Around U.S. as Prices Remain Near Record High
Major Home-Ownership Expenses Continue to Consume One-Third of National Average Wage; Portion Holds Steady as Median U.S. Home Price Dips Slightly During Slow Winter Period; Historical Affordability Also Stays Close to Low Point Over Past Decade IRVINE, Calif. – Mar. 27, 2025 — ATTOM, a leading curator of land, property data, and real estate... Read More »
Top 10 Counties with the Largest Quarterly Increase in Affordability Indexes in Q4 2024
According to ATTOM’s Q4 2024 U.S. Home Affordability Report median-priced single-family homes and condos are still less affordable compared to historical norms in 99 percent of counties with sufficient data. This trend, observed since 2022, reflects a persistent challenge in homeownership, with housing costs consuming historically significant... Read More »
Home Affordability Worsens Again Across U.S. in Fourth Quarter as Home Prices Keep Climbing
Major Home-Ownership Expenses Consume 34 Percent of National Average Wage IRVINE, Calif. – Dec. 19, 2024 — ATTOM, a leading curator of land, property data, and real estate analytics, today released its fourth-quarter 2024 U.S. Home Affordability Report showing that median-priced single-family homes and condos remain less affordable in the... Read More »
Top 10 U.S. Counties Requiring Highest Percentage of Annualized Wages to Buy a Home
According to ATTOM’s just released Q2 2024 U.S. Home Affordability Report, median-priced single-family homes and condos remained less affordable in the second quarter of 2024 compared to historical averages in 99 percent of counties with sufficient data. This trend, which began in early 2022, indicates that homeownership continues to require... Read More »
Top 10 U.S. Counties With Highest Income Needed to Buy A Home
According to ATTOM’s just released Q2 2022 U.S. Home Affordability Report, affordability has worsened across the nation this quarter amid a renewed jump in home prices that has pushed the typical portion of average wages nationwide required for major home-ownership expenses up to 33 percent. ATTOM’s latest home affordability analysis found that... Read More »