Posted To: MND NewsWire
CoreLogic says it is now able to closely track household mobility through various data sets including property taxes and sales transactions. Some counties update these records on a weekly basis and the data allows drilling down to individual census blocks or even parcels. This information can be used to augment more traditional Census Bureau records, and permits CoreLogic to track distinct customers through their chain of home purchases. CoreLogic senior economist Kristine Yao used this new tool to talk about homeowner mobility and migration trends in the most recent edition of the company's on-line magazine MarketPulse . Her article joins recent reports from Freddie Mac, the National Association of Realtors®, and the Urban Institute addressing the decline in mobility. Yao says the median...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
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