IRVINE, CA—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, according to an analysis by ATTOM Data Solutions.

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% return — compared to a $22,086 return representing a 10% ROI for homes in Republican-controlled districts.

But 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% 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.
ATTOM Data Solutions looked at home values, appreciation, property taxes and equity for 2.4 million single family homes purchased eight years ago, broken down by congressional district. Those metrics were measured for all homes in congressional districts with a Democrat representative and for all homes in congressional districts with a Republican representative.

Investors, businesses and government institutions can contact ATTOM Data Solutions to purchase the full dataset behind the report, including data at the state and county level. The data is also available via bulk license or in customized reports. For more information, contact the Data Solutions Department at 800.462.5193 or datasales@attomdata.com.

ATTOM Data Solutions is the curator of the ATTOM Data Warehouse, a multi-sourced national property database that aggregates property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, health hazards, neighborhood characteristics and other property characteristic data for more than 150 million U.S. properties. ATTOM Data Solutions also powers consumer websites designed to promote real estate transparency: RealtyTrac.com is a property search and research portal for foreclosures and other off-market properties; Homefacts.com is a neighborhood research portal providing hyperlocal risks and amenities information; HomeDisclosure.com produces detailed property pre-diligence reports.

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ATTOM: Home Values Rose More Quickly in Democrat Districts

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