Tag Archive: home affordability

The Correlation Between California Commute Times and Home Value

With sandy beaches to the West, sweeping deserts to the East, and majestic mountains in between, it’s no wonder that so many people want to call California home. Because of its popularity, however, affordable homes are hard to find. In… Read More »

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… Read More »

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… Read More »

Utilities Add 25 Percent to U.S. Homeownership Costs According to New Research from ATTOM Data Solutions and UtilityScore

Utility Costs Require 7 Percent of Wages on Average Nationwide; California Home Seller Profits More Than Double with Solar Installed; IRVINE, Calif. – June 6, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, and UtilityScore,… Read More »

One in Four U.S. Housing Markets Less Affordable Than Historic Affordability Averages in First Quarter of 2017

U.S. Affordability Index Drops to a More Than 8-Year Low Despite Annual Wage Growth Outpacing Home Price Growth in 53 Percent of Local Markets   IRVINE, Calif. – March 30, 2017 — ATTOM Data Solutions, curator of the nation’s largest… Read More »

Are We Headed for Another Bursting Housing Bubble in 2017?

Housing prices may be appreciating at a seemingly unsustainable rate once again in some markets around the country, but Christopher Thornberg believes the nation’s economic fundamentals will continue to be much more sound in 2017 than when the market began… Read More »

Buying More Affordable than Renting in 66 Percent of U.S. Housing Markets

Rents and Home Prices Rising Faster than Wages in Majority of Markets Counties in San Francisco, DC, Key West, Hawaii Top Least Affordable Rental Markets Rents Rising Faster Than Home Prices in San Diego, Orange County, Dallas, San Jose IRVINE,… Read More »

U.S. Home Affordability Drops to 8-Year Low in Q4 2016

29 Percent of Local Markets Less Affordable Than Historic Norms, Highest Since Q3 2009; Annual Home Price Appreciation Outpaced Wage Growth in 81 Percent of Markets; Affordability Index Improved From Year Ago in 18 Percent of Markets; IRVINE, Calif. –… Read More »

24 Percent of U.S. County Housing Markets Less Affordable Than Their Historic Norms in Q3 2016

Highest Share Since Q3 2009 Despite Improving Affordability in Some High-Priced Markets; Home Prices Rose Faster Than Wages in 89 Percent of Counties, Reversing Recent Trend; Closing Costs Highest in NYC, Lowest in St. Louis IRVINE, Calif. – Sept. 29,… Read More »

18 Percent of Housing Markets Less Affordable Than Historically Normal Levels in Q2 2016

Up From 5 Percent of Markets in Previous Quarter, But Down From 20 Percent a Year Ago; Wages Rose Faster Than Home Prices in 55 Percent of Markets, Reversing Four-Year Trend; IRVINE, Calif. – June 23, 2016 — RealtyTrac® (www.realtytrac.com),… Read More »

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