HOUSINGNEWS REPORT
LEAD ARTICLE
TRUMP BUMP: FORECLOSURE ACTIVITY
AVG OF YOY CHANGE IN Q1 2017 FORECLOSURE ACTIVITY
I really think it’s going to help HUD. I think Ben Carson is an intelligent individual who is going to surround himself with intelligent individuals … to help everybody, and cut through some red tape there.”
CLINTON-WON COUNTIES
TRUMP-WON COUNTIES -19%
-15%
MATTHEW WATERCUTTER SENIOR REGIONAL VICE PRESIDENT AND BROKER OF RECORD, HER REALTORS TROY, OHIO
president at HER Realtors, the country’s largest agent-owned real estate firm that covers the markets of Cincinnati, Dayton and Columbus. Cutting Red Tape at HUD Watercutter is particularly interested to see how Trump appointee Ben Carson — the new secretary of Housing and Urban Development (HUD) — makes changes to that bureaucracy, especially given that HER lists HUD properties and has been doing so for many years. “I really think it’s going to help HUD. I think Ben Carson is an intelligent individual who is going to surround himself with intelligent individuals … to help everybody, and cut through some red tape there,” Watercutter said.
The housing market in Ohio, which swung into the Trump win column in 2016 after being won by Obama in 2012 and 2008, has continued to struggle, fighting the inertia of a declining population and stagnant economy. Median home prices and sales volume declined from a year ago on average in both the 16 Trump-won counties and the 5 Clinton-won counties included in the ATTOM analysis. Cleveland (Clinton Country) Boom But in the Cleveland metro area, the housing market in the central urban county of Cuyahoga — which was won by Clinton with 66 percent of the vote in 2016 — is outperforming three suburban counties that were won by Trump: Lorain, Lake and Medina.
“Our young people are coming back, which is something we didn’t see before,” Tate continued. “And I think people have never been more proud to be Americans. And that is healthy for your economy.” Ohio real estate broker Matthew Watercutter is willing to give the new president the benefit of the doubt and some time to enact his promised policies, but Watercutter said he is also more than willing to criticize any actions Trump makes that he disagrees with. “I really think we’re going to cut through a lot of bureaucracy with him as president, but I think it will take a while to get there,” said Watercutter, broker of record and senior regional vice
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JULY 2017 | ATTOM DATA SOLUTIONS
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