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Metro East REIA

Home Prices Increase in 75% of Opportunity Zones During Q1 2021

A new report from ATTOM Data Solutions says that median home prices increased from Q1 2020 to the first Q1 2021 in 75% of Opportunity Zones and rose by at least 10% in nearly to two-thirds of them. ATTOM says those percentages roughly tracked trends in areas of the U.S. outside of Opportunity Zones, continuing patterns from the fourth quarter of last year. However, they also point out that home prices in Opportunity Zones continued to lag far behind the national average in Q1. Around 43% of zones had median prices of less than $150,000. Continue reading HERE...

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