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FEATURED ARTICLE
P1 HOUSING PRECOGS: BIG DATA PREDICTIONS BEYOND HEURISTIC HUNCHES
Real estate used to be a game of hunches. People bought and sold property because they had a sense of pricing, timing, and marketplace trends. Mortgages were made in large measure on the basis of past performance. Today hunches are out, big data is in, and the artificial intelligence revolution is taking the real estate world by storm with the promise of better leads and early access to future inventory. The nation’s capital is eagerly awaiting the selection of a candidate that could dramatically shift its fortunes in 2019 and beyond. Many in the region are hoping that one of three candidates located in the District of Columbia and its surrounding counties will beat out 17 others from around the country to be selected as the new location for Amazon’s second company headquarters known as HQ2. P11 LOCAL MARKET SPOTLIGHT: WILL AMAZON SAVE THE SWAMP? There has never been greater access to public property record data, but with that unprecedented access comes a greater responsibility in handling that data, particularly for companies that are collecting, curating and licensing the data, argues Nelda Green, vice president of data governance with ATTOM Data Solutions. P19 SPLITTING THE ATTOM: WITH GREATER DATA ACCESS COMES GREATER DATA RESPONSIBILITY America loves a good second act, and one of the least-noticed second acts in America today isn’t about an individual — or even about people, at least not directly. It’s about mortgage loans. And it’s a pretty amazing story, writes Rick Sharga, executive vice president at Carrington Mortgage Holdings, LLC. Sharga explains how many loans that fell into trouble during the housing downturn were able to be saved and are now back performing again. Home sellers have an enjoyed an extended sellers’ market over the last seven years, selling at a 2.9 percent premium above estimated market value on average, according to an ATTOM Data Solutions analysis of 14.7 million home sales from 2011 to 2017. But some days are better for sellers than others as this infographic illustrates. P26 BIG DATA SANDBOX: TOP 5 SMARTEST DAYS TO SELL YOUR HOME Home sellers have an enjoyed an extended sellers’ market over the last seven years, selling at a 2.9 percent premium above estimated market value on average, according to an ATTOM Data Solutions analysis of 14.7 million home sales from 2011 to 2017. But some days are better for sellers than others as this infographic illustrates. P27 DATA IN ACTION: THE BEST MONTH TO SELL A HOME BY MARKET P22 MY TAKE: ENCORE PERFORMANCE
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