"Wrong direction": Homes are now unaffordable in 4 of 10 U.S. counties
CBSN
House hunters are increasingly getting priced out of the real estate action, with homeownership now out of reach for most people in more than 4 in 10 counties across the U.S., a new analysis shows.
Home prices jumped more than 10% in two-thirds of the 569 counties tracked by Attom Data Solutions, a provider of property data. All together, those counties represent about 250 million Americans, according to the research firm, which analyzed publicly recorded sales-deed data for counties that recorded the most real estate transactions between April and June. The number of counties where homeownership is now considered unaffordable jumped about 20% from a year earlier, rising to 242 counties in the second quarter compared with 205 in the year-earlier period. Attom said.On Nov. 13, 2016, Dr. Eric "Scott" Sills, a renowned California fertility doctor, called 911 and reported finding his wife and business partner Susann Sills unresponsive at the bottom of the stairs. An initial investigation revealed some evidence that was consistent with an accidental fall. But as "48 Hours" correspondent Tracy Smith reports, other evidence pointed to something more sinister. DETECTIVE: How do you know she — she got an email? MARY-KATHERINE SILLS: I woke up and my dad was just like on the covers just laying there like there wasn't enough room to get in I guess. So, he was just laying there.