Housing-News-Report-August-2017

Contents

FEATURED ARTICLE

The concept of shared equity may be a magical key that could open the homeownership door for millions of new buyers, and there’s reason to think that it’s time has come. More than 16 percent of all single family purchases in the first quarter of 2017 were to co- buyers, up from less than 15 percent in Q1 2016 and up from less than 14 percent in Q1 2015. Several innovative startups are working furiously to capitalize on this trend. P1 SHARED EQUITY — STARTER HOMES FOR THE NEXT GENERATION

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P13 MY TAKE: HOUSING SUPPLY IS AN ISSUE THAT WILL NOT IMPROVE ANY TIME SOON AND HERE’S WHY

Windermere Real Estate Chief Economist Matthew Gardner explains why he believes housing supply will continue to remain tight at least until well into 2018. The Seattle- based economist provides four data-based reasons for his prediction, each of which has important implications for buyers, sellers, investors and real estate professionals.

P16 BIG DATA SANDBOX: SOLID NEIGHBORHOODS WITH STELLAR RETURNS

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Buying an investment property in a good neighborhood doesn’t have to mean sacrificing high returns — if you know where to look and are willing to look outside your backyard. Among more than 1,000 U.S. zip codes with an A rating in the ATTOM Data Solutions 2017 Neighborhood Housing Index, the median sales price in 382 of those zip codes was under $250,000.

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Windfall Data CEO Arup Banerjee provides insight into how his company is leveraging public record real estate data, along with many other data sources, to model the net worth of affluent customers with more than $1 million in wealth and help its clients identify these affluent customers, understand those customers, and ultimately engage with those customers at the optimal time. P17 CLIENT CORNER: LEVERAGING REAL ESTATE DATA TO IDENTIFY, UNDERSTAND AND ENGAGE AFFLUENT CUSTOMERS This interactive heat map allows you to view seven key factors impacting the quality of life and housing market strength —school scores, crime rates, affordability, home price appreciation, property taxes, environmental hazards, and unemployment rates — for more than 5,000 U.S. zip codes nationwide. Each zip code is assigned an overall neighborhood housing index score and corresponding grade from A to F based on a combination of those seven factors. P20 DATA IN ACTION: NEIGHBORHOOD HOUSING INDEX HEAT MAP

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