When the final sales data comes in, the hottest real estate markets now are likely to include Colorado Springs, Colo., Charleston, S.C., and Raleigh, N.C., according to a survey released Thursday.
The Pre-Mover Housing Index is a new tool ATTOM Data Solutions of Irvine, Calif., has developed to predict sales patterns in the housing markets.
It recently acquired a database of loan estimates going back to January 2014. It pored over them for addresses of the properties to be purchased, and "flagged" them in the database. It then compared the number of flagged properties to the number of housing units in that area. The national averages for those ratios provide the base (100) for the index.
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