Property Intelligence Report

Comprehensive Monthly
Property Valuation Metrics

DataQuick
1-888-604-3282 (DATA)
www.dataquick.com

Transforming Information into Intelligence

Property Intelligence Report

April 2013

Summary Notes

Home price growth slowed nationally and became negative in a few more markets.
Sales decreased from previously low levels.
Foreclosures activity decreased slightly.

Housing Performance
Home price growth turned negative in a few additional markets and continued to slow in nearly all
markets in March. The annualized growth rate for the last month was 3.9% with home price growth over
the last year of 6.51% across the 42 reported counties. Sales continued at very low levels. Foreclosures
continued on the same trend from last month, with the decline in foreclosures continuing.

Home price growth was positive in 31 of the 42 reported counties over the last month.
Home price growth was positive in 21 of the 42 reported counties over the last quarter.
Home price growth was positive in 33 of the 42 reported counties over the last year.
Sales increased in 6 of the 42 reported counties over the last month.
Sales increased in 1 of the 42 reported counties over the last quarter.
Sales increased in 10 of the 42 reported counties over the last year.
Foreclosures decreased in 22 of the 42 reported counties over the last month.
Foreclosures decreased in 27 of the 42 reported counties over the last quarter.
Foreclosures decreased in 29 of the 42 reported counties over the last year.

Housing Outlook
As we noted last fall, the pace of home price growth was not sustainable, given the fairly weak
underlying economic drivers. This month, home price growth, while remaining positive, continued the
decrease that had started in previous months. National home price growth for March, now at an
annualized growth rate of 3.9% is near the long term average home price growth rate. However, given
the continued weak fundamentals, this growth rate may still fall. Another major story is that sales have
fallen to extremely low levels. Rising rates and stringent credit requirements are the underlying causes.
A further dampening of recent sales has been the severe weather that plagued much of the country for
the first three months of the year.

Property Intelligence Report

April 2013

Factor

Comment

Current Situation

Demand for Housing

The level of economic activity

Supply of Housing

The supply of housing for sale

on the market

Uncertainty

Housing investors face

heightened uncertainty from

national and international
sources. In the presence of
uncertainty, individuals have a

difficult time valuing real estate,

dampening the activity of both

buyers and sellers.

Employment rose by 192,000

in March.
Strict mortgage credit
requirements continue
Sales of existing homes
remain at reduced levels
Several factors lead to
uncertainty about the
persistence of housing
market improvements.
The rate of job creation has
been unsteady.
Uncertainty about the
resolution of domestic fiscal
issues continues.
Euro Zone fiscal issues
continue unresolved.

Property Intelligence Report

March 2014
Monthly Detail Report
Selected Counties
Single-Family
State
AZ
AZ
CA
CA
CA
CA
CA
CA
CA
CA
CA
CO
CT
FL
FL
FL
FL
FL
FL
FL
FL
GA
IL
IL
MA
MD
MI
MO
MO
NC
NV
NY
NY
OH
OH
OR
TN
TX
TX
UT
VA
WA

County
MARICOPA
PIMA
ALAMEDA
CONTRA COSTA
LOS ANGELES
ORANGE
RIVERSIDE
SACRAMENTO
SAN BERNARDINO
SAN DIEGO
SANTA CLARA
DENVER
FAIRFIELD
BROWARD
DUVAL
HILLSBOROUGH
LEE
MIAMI-DADE
ORANGE
PALM BEACH
PINELLAS
FULTON
COOK
DUPAGE
MIDDLESEX
MONTGOMERY
OAKLAND
JACKSON
ST. LOUIS
MECKLENBURG
CLARK
QUEENS
SUFFOLK
CUYAHOGA
FRANKLIN
MULTNOMAH
SHELBY
DALLAS
HARRIS
SALT LAKE
FAIRFAX
KING

Metro
Phoenix
Tuscon
Oakland
Richmond
Los Angeles
Orange
Riverside
Sacramento
San Bernardino
San Diego
San Jose
Denver
New York
Ft. Lauderdale
Jacksonville
Tampa
Ft. Myers
Miami
Orlando
Palm Beach
Clearwater
Atlanta
Chicago
Chicago
Boston
Washington, DC
Detroit
Kansas City
St. Louis
Charlotte
Las Vegas
New York
Long Island
Cleveland
Columbus
Portland
Memphis
Dallas
Houston
Salt Lake
Washington, DC
Seattle

Notes:
1. Source: DataQuick
2. Reported sales data do not include new construction.

Latest Month
0.56%
0.00%
0.45%
0.12%
0.74%
0.50%
1.34%
0.67%
1.00%
0.77%
0.34%
-0.39%
-0.20%
0.86%
-0.40%
0.20%
0.91%
0.99%
0.90%
0.46%
0.17%
-0.22%
0.11%
0.26%
0.08%
0.51%
0.40%
0.19%
0.19%
0.01%
1.15%
-0.03%
-0.32%
-0.15%
-0.28%
0.17%
0.15%
-0.07%
-0.07%
0.31%
0.37%
0.67%

Home Price Growth Rate

Latest Quarter
1.71%
0.31%
-0.25%
-0.11%
1.88%
0.96%
3.77%
1.56%
2.47%
2.62%
1.10%
-1.62%
-1.89%
1.77%
-1.98%
-0.39%
1.74%
2.18%
2.22%
1.32%
-0.73%
-0.95%
-0.22%
-0.89%
-0.62%
0.94%
0.63%
-0.25%
-0.25%
-0.37%
3.16%
-0.88%
-2.56%
-1.90%
-1.38%
0.86%
-0.47%
-0.86%
-0.86%
0.59%
0.08%
1.07%

Latest Year
11.80%
4.32%
11.44%
10.14%
12.46%
9.19%
20.62%
15.57%
18.93%
12.77%
9.33%
2.67%
-1.31%
12.58%
-2.35%
6.52%
11.83%
12.93%
10.67%
11.96%
5.11%
-1.55%
4.41%
2.01%
3.70%
3.50%
7.52%
1.85%
1.85%
1.11%
18.75%
0.90%
-0.34%
-3.42%
-0.52%
4.82%
1.96%
-0.65%
-0.65%
5.25%
3.94%
11.98%

Latest Month
-3.33%
-1.00%
-1.75%
-20.62%
-10.57%
20.24%
-5.12%
17.95%
-4.04%
-10.24%
-11.11%
7.58%
-23.73%
-22.76%
10.72%
5.28%
20.29%
-19.24%
0.54%
-8.25%
-1.38%
-10.00%
-15.24%
-14.18%
14.81%
72.00%
10.99%
161.81%
18.22%
-1.91%
30.60%
77.78%
8.11%
-37.08%
37.00%
-29.47%
1.09%
39.66%
-8.36%
12.04%
5.00%
-27.82%

Foreclosure Growth Rate

Latest Quarter
-17.89%
1.54%
-15.15%
-18.09%
-7.94%
-4.72%
-6.08%
4.55%
-26.17%
-25.49%
-11.11%
33.96%
-10.00%
-27.81%
-17.10%
25.63%
10.79%
-30.38%
2.75%
-10.71%
-13.53%
-21.74%
-46.04%
-4.72%
-16.22%
22.86%
-8.18%
189.44%
24.79%
-30.73%
-17.33%
0.00%
-21.57%
-29.87%
-17.72%
76.32%
7.36%
12.57%
-11.21%
-4.72%
5.00%
2.29%

Latest Year
-53.87%
-38.32%
-52.14%
-59.26%
-45.28%
-47.40%
-52.23%
-35.39%
-48.28%
-51.07%
-40.74%
-44.53%
4.65%
2.13%
84.45%
4.55%
11.08%
-2.97%
-8.11%
34.97%
-10.28%
-47.06%
-38.97%
-28.82%
10.71%
-25.86%
-27.60%
101.94%
3.55%
-8.54%
-14.04%
-5.88%
33.33%
-46.11%
-27.00%
67.50%
-7.36%
29.56%
-7.04%
27.37%
-40.00%
-19.37%

Latest Month
-15.95%
-20.73%
-30.66%
-19.02%
-17.17%
-25.15%
-13.23%
-20.76%
-10.64%
5.54%
-29.77%
-28.97%
-9.67%
-20.52%
-19.47%
-1.44%
-8.24%
-15.69%
-3.72%
-20.42%
-26.43%
-32.76%
-1.25%
-25.39%
-25.71%
-6.85%
4.55%
63.27%
8.35%
-17.30%
-13.22%
-3.50%
6.10%
-29.68%
-19.87%
-0.17%
-4.73%
-20.46%
-27.89%
-19.40%
-38.12%
1.18%

Sales Growth Rate

Latest Quarter
-28.93%
-24.58%
-39.74%
-31.56%
-28.94%
-21.26%
-19.73%
-30.92%
-26.28%
-19.28%
-42.68%
-39.95%
-40.36%
-17.61%
-14.50%
-4.20%
-13.62%
-18.92%
-15.13%
-24.25%
-28.46%
-33.71%
-36.40%
-35.82%
-35.07%
-32.88%
-22.42%
53.48%
-9.89%
-21.56%
-27.42%
-11.94%
-6.43%
-38.47%
-30.81%
-18.18%
-10.62%
-29.56%
-28.43%
-35.97%
-37.12%
-23.93%

Latest Year
-23.65%
-8.20%
-13.70%
-27.10%
-11.21%
-9.76%
-24.14%
-27.79%
-19.30%
-19.23%
-11.96%
-15.13%
0.19%
-6.93%
12.41%
-7.03%
-11.96%
2.50%
-13.65%
-17.37%
-18.17%
-16.96%
-3.62%
-13.15%
-3.86%
-31.03%
-9.05%
37.04%
-1.32%
10.70%
-24.68%
19.71%
37.89%
1.44%
-6.37%
-1.82%
3.79%
-10.54%
-21.18%
2.75%
-21.22%
-11.59%

Property Intelligence Report

March 2014
Monthly Detail Report
Selected Counties
Single-Family
State
AZ
AZ
CA
CA
CA
CA
CA
CA
CA
CA
CA
CO
CT
FL
FL
FL
FL
FL
FL
FL
FL
GA
IL
IL
MA
MD
MI
MO
MO
NC
NV
NY
NY
OH
OH
OR
TN
TX
TX
UT
VA
WA

County
MARICOPA
PIMA
ALAMEDA
CONTRA COSTA
LOS ANGELES
ORANGE
RIVERSIDE
SACRAMENTO
SAN BERNARDINO
SAN DIEGO
SANTA CLARA
DENVER
FAIRFIELD
BROWARD
DUVAL
HILLSBOROUGH
LEE
MIAMI-DADE
ORANGE
PALM BEACH
PINELLAS
FULTON
COOK
DUPAGE
MIDDLESEX
MONTGOMERY
OAKLAND
JACKSON
ST. LOUIS
MECKLENBURG
CLARK
QUEENS
SUFFOLK
CUYAHOGA
FRANKLIN
MULTNOMAH
SHELBY
DALLAS
HARRIS
SALT LAKE
FAIRFAX
KING

Metro
Phoenix
Tuscon
Oakland
Richmond
Los Angeles
Orange
Riverside
Sacramento
San Bernardino
San Diego
San Jose
Denver
New York
Ft. Lauderdale
Jacksonville
Tampa
Ft. Myers
Miami
Orlando
Palm Beach
Clearwater
Atlanta
Chicago
Chicago
Boston
Washington, DC
Detroit
Kansas City
St. Louis
Charlotte
Las Vegas
New York
Long Island
Cleveland
Columbus
Portland
Memphis
Dallas
Houston
Salt Lake
Washington, DC
Seattle

Notes:
1. Source: DataQuick
2. Reported sales data do not include new construction.

Current Month
141.1
119.1
139.0
137.0
180.4
166.9
151.3
126.9
165.0
151.2
158.6
132.4
117.4
144.3
112.5
127.6
127.8
154.9
128.0
138.3
128.0
126.0
104.0
116.5
128.6
155.5
91.9
98.7
98.7
114.4
114.6
135.2
134.0
88.4
94.3
155.8
95.2
122.8
122.8
120.2
165.2
160.5

Home Price Indices (Feb 2002 = 100)

Previous Month
Prior Quarter
140.3
138.7
119.1
118.7
138.4
139.4
136.9
137.2
179.1
177.0
166.0
165.3
149.3
145.8
126.0
124.9
163.3
161.0
150.0
147.3
158.0
156.9
132.9
134.6
117.6
119.6
143.0
141.7
113.0
114.8
127.4
128.1
126.7
125.7
153.4
151.6
126.9
125.2
137.7
136.5
127.8
128.9
126.3
127.2
103.9
104.2
116.2
117.5
128.5
129.4
154.7
154.0
91.6
91.4
98.5
98.9
98.5
98.9
114.4
114.9
113.3
111.1
135.2
136.4
134.4
137.5
88.5
90.1
94.5
95.6
155.6
154.5
95.0
95.6
122.9
123.9
122.9
123.9
119.9
119.5
164.6
165.1
159.4
158.8

Prior Year
126.2
114.1
124.8
124.4
160.4
152.8
125.4
109.8
138.7
134.1
145.0
128.9
118.9
128.1
115.2
119.8
114.3
137.2
115.7
123.6
121.8
128.0
99.6
114.2
124.0
150.2
85.5
96.9
96.9
113.2
96.5
134.0
134.4
91.5
94.8
148.6
93.3
123.6
123.6
114.2
158.9
143.3

Current Month
638
198
56
77
406
101
278
230
285
114
32
71
45
431
795
598
421
424
374
467
358
234
484
121
31
43
202
521
292
257
606
16
80
263
311
67
277
412
515
121
21
179

Foreclosures
Previous Month
660
200
57
97
454
84
293
195
297
127
36
66
59
558
718
568
350
525
372
509
363
260
571
141
27
25
182
199
247
262
464
9
74
418
227
95
274
295
562
108
20
248

Prior Quarter
777
195
66
94
441
106
296
220
386
153
36
53
50
597
959
476
380
609
364
523
414
299
897
127
37
35
220
180
234
371
733
16
102
375
378
38
258
366
580
127
20
175

Prior Year
1383
321
117
189
742
192
582
356
551
233
54
128
43
422
431
572
379
437
407
346
399
442
793
170
28
58
279
258
282
281
705
17
60
488
426
40
299
318
554
95
35
222

Current Month
4241
761
649
694
3619
1452
2014
1195
1714
1562
611
505
523
1801
1150
1163
1192
1478
1139
1337
910
700
2527
482
598
449
1287
640
1194
1066
2390
413
1252
846
867
594
766
1256
2311
486
349
1281

Sales
Previous Month
5046
960
936
857
4369
1940
2321
1508
1918
1480
870
711
579
2266
1428
1180
1299
1753
1183
1680
1237
1041
2559
646
805
482
1231
392
1102
1289
2754
428
1180
1203
1082
595
804
1579
3205
603
564
1266

Prior Quarter
5967
1009
1077
1014
5093
1844
2509
1730
2325
1935
1066
841
877
2186
1345
1214
1380
1823
1342
1765
1272
1056
3973
751
921
669
1659
417
1325
1359
3293
469
1338
1375
1253
726
857
1783
3229
759
555
1684

Prior Year
5555
829
752
952
4076
1609
2655
1655
2124
1934
694
595
522
1935
1023
1251
1354
1442
1319
1618
1112
843
2622
555
622
651
1415
467
1210
963
3173
345
908
834
926
605
738
1404
2932
473
443
1449