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DS News May 2018

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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THE BIG FINISH WRAP YOUR HEAD AROUND THE MARKET'S LEADING INDICATORS 96 THE BIG SLOWDOWN A recent HouseCanary report broke down "5 Housing Trends That Are Changing The Market Today." One of those trends spotlighted the fact that while many markets continue to see positive growth, that growth is decelerating year-over-year. HouseCanary compiled data for the top 100 metropolitan statistical areas (MSAs) regarding local affordability (and change in affordability), housing market price growth, and the pace of housing market price growth. Using HouseCanary's data, the below chart breaks down the 25 markets where growth decelerated the most between 2017 and 2018, with Florida communities factoring prominently in the top 10. Source: HouseCanary blog post "5 Housing Trends That Are Changing The Market Today." MSA 2018 INCREASE 2017 INCREASE PALM BAY-MELBOURNE-TITUSVILLE, FLORIDA 5.80% 13.60% NORTH PORT-SARASOTA-BRADENTON, FLORIDA 3.80% 11.10% LAKELAND-WINTER HAVEN, FLORIDA 5.40% 10.90% CAPE CORAL-FORT MYERS, FLORIDA 3.40% 8.50% DELTONA-DAYTONA BEACH-ORMOND BEACH, FLORIDA 7.60% 12.60% PHOENIX-MESA-SCOTTSDALE, ARIZONA 3.20% 8.10% ORLANDO-KISSIMMEE-SANFORD, FLORIDA 6.40% 10.90% MIAMI-FORT LAUDERDALE-WEST PALM BEACH, FLORIDA 4.40% 8.70% URBAN HONOLULU, HAWAII 0.80% 4.80% TAMPA-ST. PETERSBURG-CLEARWATER, FLORIDA 7.50% 11.20% PORTLAND-VANCOUVER-HILLSBORO, OREGON-WASHINGTON 6.70% 10.40% SAN FRANCISCO-OAKLAND-HAYWARD, CALIFORNIA 5.80% 9.40% SAN JOSE-SUNNYVALE-SANTA CLARA, CALIFORNIA 5.40% 8.90% TUCSON, ARIZONA 3.80% 7.20% LAS VEGAS-HENDERSON-PARADISE, NEVADA 6.90% 10.20% STOCKTON-LODI, CALIFORNIA 7.00% 10.20% ATLANTA-SANDY SPRINGS-ROSWELL, GEORGIA 5.50% 8.60% JACKSONVILLE, FLORIDA 6.20% 9.20% BOISE CITY, IDAHO 8.00% 10.40% LOS ANGELES-LONG BEACH-ANAHEIM, CALIFORNIA 4.90% 7.20% DALLAS-FORT WORTH-ARLINGTON, TEXAS 8.10% 10.40% SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CALIFORNIA 7.20% 9.40% SALT LAKE CITY, UTAH 6.60% 8.70% AUSTIN-ROUND ROCK, TEXAS 5.20% 7.30% CHARLESTON-NORTH CHARLESTON, SOUTH CAROLINA 7.90% 9.90%

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