HOUSINGNEWS REPORT
LEAD ARTICLE
Did Their Part for Trump At 136, the pre-mover index was also well above the national average in Lee County , Florida, one of the five counties that Trump campaign pollster Tony Fabrizio credits with winning the election, according to an article in The Daily Beast. “When you really drill down on this election, if you change the vote in five counties, four in Florida, one in Michigan, we’d be having a totally opposite conversation right now,” Fabrizio is quoted in the article as saying. “We figured we would do our part down here. I voted for him,” said Lee County Realtor Gloria Tate, who said she sees evidence of increased interest from outside buyers coming to the region following the election — particularly from states won by Trump. “The people that are coming here are mostly from the states that he won. …. Ohio has gotten stronger; Pennsylvania has gotten stronger for us,” continued Tate, who said her family moved to the area in 1960 “when there were 160 people” and who served on the Cape Coral city council for 10 years. “When someone gets in your car you have to hold your breath until you talk politics. That can break your sale right there. … Most of the people I take out are those who voted for Trump.”
Foreclosure rates in Q1 2017 were slightly lower, and the year-over-year decrease in foreclosure activity was bigger in counties won by Trump than those won by Clinton (see page 6). Clinton-won counties did outperform in one housing trend included in the analysis: home flipping. The home flipping rate in Q1 2017 was higher and the annual increase in the home flipping rate was bigger in counties won by Clinton than in counties won by Trump (see page 7). Moving into the Swamp But Trump-won counties also barely beat out Clinton-won counties in the final housing trend included in the analysis — the ATTOM Q1 2017 Pre-Mover Index, which anticipates the local markets poised to see the most home sales activity in the next 90 days based on
proprietary loan application data. Both Clinton-won counties and Trump- won counties had an average pre-mover index above the national average of 100, but with an average pre-mover index of 112, Trump-won counties edged out the average 111 index in Clinton-won counties. The pre-mover index in Trump- won counties increased 17 percent from a year ago on average compared to a 13 percent increase in Clinton-won counties on average (see page 5). One notable exception to the pre- mover index trend favoring counties won by Trump was in the District of Columbia, which Clinton won with 93 percent of the vote. The Q1 2017 pre-mover index for DC was 217, more than twice the national average and up 39 percent from a year ago — one indication of the influx of the extended Trump entourage moving to the area.
TRUMP BUMP: HOME SALES VOLUME
AVG ANNUAL CHANGE IN HOME SALES Q1 2017
-0.7%
0.5%
Tate said some recent policy changes at the local, state and federal level have
CLINTON-WON COUNTIES
TRUMP-WON COUNTIES
4
JULY 2017 | ATTOM DATA SOLUTIONS
Made with FlippingBook Online newsletter