Wednesday, February 25, 2015

Homequant-style Spatial Comps Solutions

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Free AVM Offer - No Purchase Necessary

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Automated Valuation Modeling Solutions for Commercial Properties

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How AVM Helps Improve Portfolio and Assessment Performance

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contact@homequant.com 

When a Market AVM is developed using the recent arms-length sales (FYI - those sales are generally backed by appraisals), it generates an econometric solution (bottom graph).

As the model gets further fine-tuned (not shown here), the r-squared tends to approach .90, at which point it can be applied on to dated mortgage portfolios / prior assessment rolls in order to have them re-priced / re-assessed in line with the market.

Thursday, February 12, 2015

Orlando, FL (Champ) vs. Las Vegas, NV (Challenger) - Who Wins in Housing?

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Answer - Orlando, FL (top table/graphic)

Statistically speaking, the median house in Orlando costs $173,565 as compared to $184,730 in Las Vegas, NV.

Also, ASP/SF* for Orlando is $102offering slightly better purchasing power than its counterpart at $106 (all other factors remaining equal).

ASP/SF* = (Time) Adjusted Sale Price / Bldg Area. 

This analysis is extracted from Homequant's Town Analyst site. Try out your Town/Neighborhood. It is absolutely free and requires no registration whatsoever...

Washington, DC (Champ) vs. Seattle, WA (Challenger) - Who Wins in Housing?

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Answer - Seattle, WA (bottom table/graphic)

Statistically speaking, the median house in Seattle costs $487,760 as compared to $609,000 in Washington, DC.  

Also, ASP/SF* for Seattle is only $311offering much better purchasing power than its counterpart at $433 (all other factors remaining equal).

ASP/SF* = (Time) Adjusted Sale Price / Bldg Area. 

This analysis is extracted from Homequant's Town Analyst site. Try out your Town/Neighborhood. It is absolutely free and requires no registration whatsoever...

Wednesday, February 11, 2015

Minneapolis, MN (Champ) vs. Charlotte, NC (Challenger) - Who Wins in Housing?

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Answer - Charlotte, NC (bottom table/graphic)

Statistically speaking, the median house in Charlotte costs $195,700 as compared to $206,553 in Minneapolis.  

Also, ASP/SF* for Charlotte is only $105, offering much better purchasing power than its counterpart at $145 (all other factors remaining equal).

ASP/SF* = (Time) Adjusted Sale Price / Bldg Area. 

This analysis is extracted from Homequant's Town Analyst site. Try out your Town/Neighborhood. It is absolutely free and requires no registration whatsoever...


Monday, February 9, 2015

Florida Home Markets - Where is the Biggest Housing BANG for the Buck, Statistically?

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Answer - Hillsborough County (Tampa). Statistically speaking, the median ASP/SF* for Hillsborough is only $96, offering much better purchasing power than its counterparts: Miami-Dade County $132, Broward County (Ft. Lauderdale) $114 and Orange County (Orlando) $110 (all other factors remaining equal).

ASP/SF* = (Time) Adjusted Sale Price / Bldg Area. 

This analysis is extracted from Homequant's Town Analyst site. Try out your Town/Neighborhood. It is absolutely free and requires no registration whatsoever...



Thursday, February 5, 2015

LA, NYC, Chicago and Philadelphia - Where is the Biggest Housing BANG for the Buck, Statistically? (Clue: Not NYC)

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Answer - City of Philadelphia. Statistically speaking, the median ASP/SF* for Philadelphia is only $112offering much better purchasing power than its counterparts: Los Angeles $416, Brooklyn (NYC) $356 and Chicago $160 (all other factors remaining equal).

ASP/SF* = (Time) Adjusted Sale Price / Bldg Area. 

This analysis is extracted from Homequant's Town Analyst site. Try out your Town/Neighborhood. It is absolutely free and requires no registration whatsoever...

Charlotte, Dallas, Minneapolis and Portland - Where is the Biggest Housing BANG for the Buck, Statistically? (Clue: Not Portland)

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Answer - Charlotte, NC. Statistically speaking, the median ASP/SF* for Charlotte is only $105offering much better purchasing power than its counterparts: Portland $202, Dallas $159 and Minneapolis $146 (all other factors remaining equal).

ASP/SF* = (Time) Adjusted Sale Price / Bldg Area. 

This analysis is extracted from Homequant's Town Analyst site. Try out your Town/Neighborhood. It is absolutely free and requires no registration whatsoever...

Wednesday, February 4, 2015

Minneapolis, Staten Island, Tampa and Denver - Where is the Biggest Housing BANG for the Buck, Statistically? (Clue: Not Denver)

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Answer - Tampa, FL. Statistically speaking, the median ASP/SF* for Tampa is only $104, offering much better purchasing power than its counterpartsStaten Island $286, Denver $196 and Minneapolis $145 (all other factors remaining equal).

ASP/SF* = (Time) Adjusted Sale Price / Bldg Area. 

This analysis is extracted from Homequant's Town Analyst site. Try out your Town/Neighborhood. It is absolutely free and requires no registration whatsoever...



Chicago, Dallas, San Diego and DC - Where is the Biggest Housing BANG for the Buck, Statistically? (Clue: Not DC)

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Answer - Dallas, TX. Statistically speaking, the median ASP/SF* for Dallas is only $159, offering much better purchasing power than its counterparts: Washington, DC $435, San Diego $357 and Chicago $161 (all other factors remaining equal).

ASP/SF* = (Time) Adjusted Sale Price / Bldg Area. 

This analysis is extracted from Homequant's Town Analyst site. Try out your Town/Neighborhood. It is absolutely free and requires no registration whatsoever...

Tuesday, February 3, 2015

New York City Counties - Where is the Biggest Housing BANG for the Buck, Statistically? (Clue: Not Brooklyn)

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Answer - Bronx County. Statistically speaking, the median ASP/SF* for the Bronx is only $229offering much better purchasing power than its counterpartsStaten Island $286, Queens $332 and Brooklyn $356 (all other factors remaining equal). 

ASP/SF* = (Time) Adjusted Sale Price / Bldg Area. 

This analysis is extracted from Homequant's Town Analyst site. Try out your Town/Neighborhood. It is absolutely free and requires no registration whatsoever...


Monday, February 2, 2015

Atlanta, Boston, Cleveland and Denver - Where is the Biggest Housing BANG for the Buck, Statistically? (Clue: Not Boston)

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Answer - Cleveland (Cuyahoga County). Statistically speaking, the median ASP/SF* for Cleveland is only $73,  offering much better purchasing power than its counterparts: Boston $254, Denver $196 and Atlanta $144(all other factors remaining equal).

ASP/SF* = (Time) Adjusted Sale Price / Bldg Area. 
 
This analysis is extracted from Homequant's Town Analyst site. Try out your Town/Neighborhood. It is absolutely free and requires no registration whatsoever...

Dallas, Ft Lauderdale, Salt Lake City and DC - Where is the Biggest Housing BANG for the Buck, Statistically? (Clue: Not DC)

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Answer - City of Ft. Lauderdale. Statistically speaking, the median ASP/SF* for Ft. Lauderdale is only $114, offering much better purchasing power than its counterparts: Washington DC $433, Dallas $158 and Salt Lake City $155 (all other factors remaining equal). 

ASP/SF* = (Time) Adjusted Sale Price / Bldg Area. 

This analysis is extracted from Homequant's Town Analyst site. Try out your Town/Neighborhood. It is absolutely free and requires no registration whatsoever...

Orlando, Queens, Phoenix and Portland - Where is the Biggest Housing BANG for the Buck, Statistically? (Clue: Not Queens)

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Answer - City of Orlando. Statistically speaking, the median ASP/SF* for Orlando is only $102, offering much better purchasing power than its counterparts: Queens $334, Portland $201 and Phoenix $115 (all other factors remaining equal).

ASP/SF* = (Time) Adjusted Sale Price / Bldg Area. 

This analysis is extracted from Homequant's Town Analyst site. Try out your Town/Neighborhood. It is absolutely free and requires no registration whatsoever...

Miami, Houston, Las Vegas and Seattle - Where is the Biggest Housing BANG for the Buck, Statistically? (Clue: Not Seattle)

(Click - ONCE - on the Image to Enlarge)  

Answer - City of Las Vegas. Statistically speaking, the median ASP/SF* for Las Vegas is only $106, offering much better purchasing power than its counterparts: Seattle $311, Miami $141 and Houston $111 (all other factors remaining equal).

ASP/SF* = (Time) Adjusted Sale Price / Bldg Area. 

This analysis is extracted from Homequant's Town Analyst site. Try out your Town/Neighborhood. It is absolutely free and requires no registration whatsoever...

 

Sunday, February 1, 2015

NYC Housing Market Shows Considerable Uncertainty; Needs to Stay Above 172-73 Support

Phoenix Housing Market Remains Flat in 2014; Needs Trend Reversal to Avoid Breakdown

Los Angeles Housing Market Regains Momentum; Needs to Stay Above 220 Support

Las Vegas Housing Losing Momentum; Needs Trend Reversal to Avoid Decline

Chicago Housing Market Reverses Linear Decline; Needs to Stay Above 125 Support