Tuesday, October 14, 2014

RealtyTrac Report Scores More than 1,500 Counties Based on Up to Five Factors Affecting Housing


Daren Blomquist
IRVINE, CA – Oct. 14, 2014 — RealtyTrac® (www.realtytrac.com), the nation’s leading source for comprehensive housing data, today released a 2014 Election Housing Scorecard report analyzing the health of local housing markets in more than 1,500 counties nationwide compared with two years ago.

The report scored 1,547 U.S. county housing markets based on up to five factors impacting housing health: housing affordability compared to two years ago, unemployment rates compared to two years ago, foreclosure starts compared to two years ago, median home prices compared to two years ago, and the percentage seriously underwater homeowners. County housing markets were categorized as Better Off, Worse Off or a Toss-Up based on this score.

“The housing market recovery has truly taken hold in about half of the country, but the recovery is weak or experiencing a relapse in the other half,” said Daren Blomquist, vice president of RealtyTrac.

“Whether because of good government policy, sheer luck or otherwise, the majority of county housing markets in six of the eight states with close U.S. Senate races are better off than they were two years ago.

“This should favor the incumbent, or the incumbent’s party, all else being equal — which of course we know it is not.

" The only exceptions were Iowa and Alaska, where the majority of county housing markets were classified as toss-ups compared with two years ago.”

For a complete copy of the company’s news release, please contact:

Ginny Walker
Office: 949.502.8300 ext. 268
Mobile: 323-317-5852  

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