Tuesday, March 31, 2015

Sales and Assessment Analyzer for Municipalities and Businesses

Thursday, March 26, 2015

Try Meaningful Sales Metrics to Validate Low Value Drive-by and AVM-based Appraisals

  (Click on the image to enlarge)

Anecdotally, if your subject mimics a median property, the appraisal should be within, say, 10-20% of the median adjusted sale price. Similarly 50% of the properties should fall within the 25th-to-75th percentile bound, allowing a more broad-based QC/Validation platform.

This analysis is extracted from our Town Analyst portal. Likewise, you may generate your own Sales Metrics and Statistics pertaining to the Neighborhood, Town and County you are interested in. And, it's totally free and no log-in is required...

Homequant Offers Practical Books on AVM and CAMA

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Friday, March 13, 2015

Tampa Housing Market Shows Strength; Needs to Keep the Momentum Going

Miami Housing Market on Solid Upswing Again, After Consolidation

Washington DC Housing Market Reverses Downward Trend

Denver Housing Market Continues on Linear Growth Path

Minneapolis Housing Market Starts Upswing; Needs to Accelerate Now!

Case-Shiller Major Housing Index Starts Upswing After Consolidation

Wednesday, March 4, 2015

Miami, FL (Champ) vs. San Diego, CA (Challenger) - Who Wins in Housing?

                                (Click - ONCE - on the Image to Enlarge) 

Answer - Miami, FL (top table/graphic)

Statistically speaking, the median house in Miami costs $238,350 as compared to $527,500 in San Diego.  

Also, ASP/SF* for Miami is only $141offering much better purchasing power than its counterpart at $355 (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...