IRVINE, CA -- ATTOM Data Solutions
analyzed homeowners living in Democrat-controlled congressional districts have
gained more than twice as much in housing wealth as homeowners living in
Republican-controlled districts over the past eight years.
Highlights in the report:
·
Among 2.4 million single family homes purchased eight years ago, those
in Democrat-controlled districts have gained an average $59,467 in value since
purchase — a 21 percent return — compared to a $22,086 return representing a 10
percent ROI for homes in Republican-controlled districts.
· Homeowners in Republican-controlled
districts are paying lower property taxes — $2,514 on average representing a
1.02 effective tax rate compared to $3,659 representing a 1.07 percent tax rate
for homeowners in Democrat-controlled districts.
· Counter to the national trend, seven
of the 11 battleground states in the 2016 presidential election have produced
better ROI for homeowners in Republican-controlled districts.
For a complete copy of the company’s news release,
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