Housing-News-Report-September-2018

HOUSINGNEWS REPORT

TOP MARKETS FOR MOVERS IN Q3 2018

companies and others that benefit from the halo effect of a home sale,” said Daren Blomquist, senior vice president at ATTOM Data Solutions. “Meanwhile markets with a low pre- mover index likely have a scarcity of inventory available to buy or relatively weak demand from prospective buyers — or some combination of both —

which is not optimal for businesses that rely on the home sale halo effect.”

pre-mover index in Q2 2018 were Cleveland, Ohio (38); Boston, Massachusetts (39); Pittsburgh, Pennsylvania (48); Detroit, Michigan (48); and San Francisco, California (49). Among the broader set of 131 metro areas with at least 100,000 single family homes and condos, those with the lowest pre-mover index in Q2 2018 were Providence, Rhode Island (31); Albany, New York (35); San Jose, California (37); Buffalo, New York (38); and Cleveland, Ohio (38). North Dakota, Illinois, Nevada post highest pre-mover indexes among states States with the highest pre-mover index in the second quarter of 2018 — predictive of a high percentage of homeowners moving in the third quarter — were North Dakota (275), Illinois (193), Nevada (164), Virginia (163), and Colorado (147). Other states with a pre-mover index among the 10 highest in Q2 2018 were New Jersey (133), Florida (133), Delaware (130), Maryland (127), and Utah (124).

Cleveland, Boston, Pittsburgh post lowest pre-mover indexes among major metros Among the 36 metros with at least 500,000 single family homes and condos, those with the lowest

METROS WITH MOST MOVERS IN Q3 2018 Q2 2018 PRE-MOVER INDEX

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SEP 2018 | ATTOM DATA SOLUTIONS

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