HOUSING NEWS REPORT
BY ATTOM DATA SOLUTIONS AT OM DATA
improvement stores, moving companies and others that benefit from the halo effect of a home sale,” said Daren Blom- quist, 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.” 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 pre-mover in- dex 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 low- est pre-mover index in Q2 2018
were Providence, Rhode Island (31); Albany, New York (35); San Jose, Cali- fornia (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), Dela- ware (130), Maryland (127), and Utah (124). •
METROS WITH MOST MOVERS IN Q3 2018 Q2 2018 Pre-Mover Index
31
237
"DATA IN ACTION" ARTICLE BY ATTOM DATA SOLUTIONS. Top Markets for Movers in Q3 2018
omeowners are most likely to be moving in the third quarter of 2018 in Chicago, Washington, D.C., Or- lando, Tampa-St. Petersburg and Atlan- ta, according to the latest ATTOM Data Solutions Pre-Mover Housing Index. Using data collected from purchase loan applications on residential real estate transactions, the ATTOM Data Solutions Pre-Mover Housing Index H
is based on the ratio of homes with a “pre-mover” indicator to total single family homes and condos in a given geography, indexed off the national average. An index above 100 is above the national average and indicates an above-average ratio of homes that will likely be sold in the next 90 days in a given market. Among 131 metro areas with at least
100,000 single family homes and condos, those posting the highest pre-mover index in Q2 2018 were Wilmington, North Carolina (206); Colorado Springs, Colorado (178); and Manchester-Nashua, New Hampshire (172); followed by Chicago (168) and Washington, D.C. (166). “A higher pre-mover index bodes well for local real estate agents, home
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