Real estate is constantly changing and with those changes comes new opportunity. Both the tax code and our personal values have continued to shift as the U.S. becomes increasingly more urban, older, single and green. There’s a number of interesting changes underway – trends which suggest new market patterns and potential profits to go with them. THE NEW PATH TOWARD TOMORROW’S REAL ESTATE PROFITS 06
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What is Property Data API? APIs are behind all of your favorite apps and platforms. From Google Maps to Instagram, APIs are used to securely retrieve and deliver relevant data to and from applications. But what is API, exactly? ATTOM Data Solutions' Chief Product and Technology Officer Todd Teta gives us a quick primer on APIs, property data APIs, and how they can be used to retrieve data on anything you’ve ever wanted to know about a property. 16 MY TAKE
19 MARKET SPOTLIGHT The Southeast
28 DATA IN ACTION
Don’t let your real estate investors leave their goals of growing their portfolio to chance. Discover a better way to borrow! Work with a lending partner that has options to get to the closing table fast and gets it right the first time. Contact us today and we will walk you through our innovative approach to lending and tell you HOW we can help you close more loans and grow your business. When you have a solid, go-to resource lender you trust, YOU will become a solid, go-to resource trusted by your clients and their referrals.
The Home Affordability Struggle According to ATTOM Data Solutions’ Q2 2019 U.S. Home Affordability Report, median home prices in the second quarter of 2019 were not affordable for average wage earners in 353 of 480 U.S. counties analyzed in the report (74 percent). We look at the data to identify the top ten counties that require over 30 percent of their annualized weekly wages to buy a home, as well as the top ten that required less than 30 percent.
Metro areas throughout the Southeast have prospered in terms of key economic indicators and real estate market trends since the end of the Great Recession. All are positive signs for continued investment in real estate; although, some changes are occurring. Housing News Report looks at how investors are adapting to the changing trends and finding potential in Atlanta, Miami and Nashville.
The Home Affordability Maze: The Search to Buy a Home 32 BIG DATA SANDBOX
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According to ATTOM Data Solutions’ Q2 2019 Home Affordability Index, annual home price appreciation increased less than five percent in the second quarter of 2019 – one of the more moderate
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annual gains we’ve seen in awhile. This and other factors have created a competitive housing market, albeit one that remains less affordable for the average wage earner. We identify the counties that are most and least affordable in the U.S. for the average wage earner.
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2 think realty housing news report
september 2019 3
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