ATTOM Data Solutions' fourth-quarter 2020 Special Coronavirus Report revealed this week county-level housing markets around the United States that are more or less vulnerable to the impact of the virus pandemic.
Despite ongoing Coronavirus lockdowns for months in California, home sales remained high in November 2020, breaking the 500,000 sales benchmark for the first time since January 2009. This is the highest sales level in 15 years, says the California Association of Realtors.
Foreclosure filings-- default notices, scheduled auctions and bank repossessions -- were reported on 214,323 U.S. properties in 2020, down 57 percent from 2019 and down 93 percent from a peak of nearly 2.9 million in 2010, to the lowest level since tracking began in 2005.
According to Zillow, although the typical value of a home in the United States is about $263,000, the number of "million-dollar cities" spiked sharply in 2020.
ATTOM Data Solutions' newly released 2021 Rental Affordability Report is showing that owning a median-priced three-bedroom home in the U.S. is more affordable than renting a three-bedroom property in 572, or 63 percent of the 915 U.S. counties analyzed.
Posted on December 22, 2020
Posted on October 21, 2020