Affordability Challenged in Over Half of Markets: Report

Affordability is being crunched in 68 percent of, or 304 out of 446, counties in the U.S., according to ATTOM Data Solutions Q1 2018 U.S. Home Affordability Report. Buyers, in other words, are not earning enough to make monthly payments on a property.
Analysts at ATTOM considered a 3 percent down payment and a 28 percent maximum front-end debt-to-income ratio, as well as data on wages from the Labor Department. The findings? In addition to 68 percent of markets tagged as unaffordable, there is a