CoreLogic: Most Cities Shortlisted for Amazon’s Second Headquarters Are Already “Hot” Housing Markets

—More Than Half of Potential Cities Have “Overvalued” Housing Markets—

IRVINE, Calif. — (BUSINESS WIRE) — January 18, 2018 — CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today revealed its analysis of the housing economy in cities* being considered for Amazon’s “second headquarters” location.

CoreLogic monitors the health of the housing economy through historic home price changes and other market conditions including sustainability of prices in the market, referred to as the CoreLogic Market Condition Indicators (MCI). The MCI analysis defines an overvalued housing market as one in which home prices are at least 10 percent higher than the long-term, sustainable level, while an undervalued housing market is one in which home prices are at least 10 percent below the sustainable level.

City or Region

     

CoreLogic HPI YOY

     

CoreLogic MCI

Atlanta, GA       6.26%       Normal
Austin, TX       4.82%       Overvalued
Boston, MA       6.66%       Normal
Chicago, IL       3.65%       Normal
Columbus, OH       7.44%       Normal
Dallas, TX       6.39%       Overvalued
Denver, CO       8.12%       Overvalued
Indianapolis, IN       5.47%       Undervalued
Los Angeles, CA       7.46%       Overvalued
Miami, FL       3.72%       Overvalued
Montgomery County, MD       2.78%       Overvalued
Nashville, TN       8.17%       Overvalued
Newark, NJ       2.60%       Normal
New York City, NY       3.32%       Overvalued
Northern Virginia, VA       3.68%       Overvalued
Philadelphia, PA       6.26%       Normal
Pittsburgh, PA       2.11%       Undervalued
Raleigh, NC       4.81%       Normal
Toronto, ON*       N/A       N/A
Washington D.C.       3.68%       Overvalued

Source: CoreLogic, November 2017
*CoreLogic does not monitor the Toronto, Canada market


1 | 2  Next Page »



Review Article Be the first to review this article

Harris

Featured Video
Jobs
GIS Data Analyst for CostQuest Associates, Inc. at Cincinnati, Ohio
Geospatial Analyst/Programmer for LANDIQ at Sacramento, California
Product Manager for CHA Consulting, Inc. at Boston, Massachusetts
Software Developer for CHA Consulting, Inc. at Norwell, Massachusetts
Mechanical Engineer for Allen & Shariff Corporation at Pittsburgh, Pennsylvania
System Designer/Engineer for Bluewater at Southfield, Michigan
Upcoming Events
GEO Business 2018 at 52 Upper Street London United Kingdom - May 22 - 23, 2018
Upper Midwest Geospatial Conference (UMGEOCON) at 521 East Ave North La Crosse WI - May 23 - 24, 2018
Locate 2018 at Pier 27, The Embarcadero San Francisco CA - May 30 - 31, 2018
2nd WY UAV Symposium at UW Convention Center 2229 Grand Ave LARAMIE WY - May 30 - 31, 2018
Teledyne Optech
Bentley: -YII 2018 Awards
Interdrone 2018



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise