Housing-News-Report-December-2017

Contents

FEATURED ARTICLE

P1

The decision by Amazon to build a massive second headquarters – the HQ2 – has set off a gold rush of sorts, one where 238 states, provinces, districts, and territories in the U.S. and Canada have each suggested they alone are worthy of Amazon’s $5 billion investment and 50,000 new jobs. The Amazon victor will be the symbol of a newly emerging economic landscape – one where a limited number of winners do very well. P1 AMAZON AND THE BATTLE FOR TOMORROW’S COMMUNITIES Pam Hughes, Co-Founder of online platform CoBuy that helps buyers navigate the process of co-buying a home with other buyers, explains why co-buying is an innovative solution that can help overcome many of the challenges facing homebuyers in today’s highly competitive housing market without introducing the type of risk that infiltrated — and eventually brought down — the market during the last boom. P13 MY TAKE: AN ENTREPRENEUR’S PERSPECTIVE ON RETHINKING HOMEOWNERSHIP Using the Protestant Reformation sparked by Martin Luther 500 years ago as an illuminating parallel, ATTOM Data Solutions product manager Stephen Meeks explains how the democratization of property data that kicked into high gear about a decade ago is now rippling out to disrupt data delivery platforms, allowing small businesses and entrepreneurs to access powerful data mining tools once only available to large corporations with massive data management capabilities. P18 SPLITTING THE ATTOM: A PROPERTY DATA REFORMATION Distilled from transaction-level data for nearly 50,000 single family home and condo flips in the third quarter of 2017, this infographic provides seven best practices for home flippers operating in a highly competitive housing market with a high potential for plump flipping profits but also a small margin for error. P22 BIG DATA SANDBOX: 7 HABITS OF HIGHLY EFFECTIVE FLIPPERS The Republican tax proposal unveiled in late October included at least two changes to the income tax structure that could potentially have significant impacts on homeowners, and by extension the housing market. We’ve created two heat maps to illustrate which local housing markets could have the most homeowners impacted by these changes — the new cap on the mortgage interest deduction, and the new cap on the property tax deduction. P23 DATA IN ACTION: LOCAL HOUSING MARKETS MOST IMPACTED BY THE GOP TAX PROPOSAL

P13

P18

P22

Made with FlippingBook Online newsletter