Home / News / REO / DataQuick’s REO-to-Rental Rankings Provide ZIP-Level Data
Print This Post Print This Post

DataQuick’s REO-to-Rental Rankings Provide ZIP-Level Data

Before deciding on an REO-to-rental investment, it's important to understand distressed property trends on a neighborhood-level, according to ""DataQuick"":http://www.dataquick.com/. This is why the San-Diego-based company has made available the REO-to-Rental Neighborhood Rankings for servicers and investors.



The ranking leverages the company's national property database and its RiskFinder Distress product to score and rank areas by county and ZIP code.

The rankings can be used to identify specific ZIP codes that have highest return potential within targeted areas.

When determining the score and rank of each area, DataQuick considers property valuation appreciation and depreciation, depth of market supply, depth of market demand, distressed sales, and distressed discount trends.

""Identifying the most attractive REO-to-Rental markets and properties is cumbersome for servicers and investors due to the sheer amount of data an accurate analysis requires,"" said John Walsh, president of DataQuick. ""The REO-to-Rental Neighborhood Rankings provide more than 10 years of monthly metrics for ZIP codes nationwide, ensuring the best REO investment destinations are evaluated and targeted.""

REO-to-Rental Neighborhood Rankings also include extensive data sets. Examples of ZIP-level results provided include number of foreclosures, total REO properties, number of government-owned properties, inferred short sales, as well as other results.

About Author: Esther Cho


Check Also

Home Auctions Growing in Popularity

An increasing number of buyers are bypassing the continued struggle between short supply and high prices, and seeking homes at auctions.

Your Daily Dose of DS News

Get the news you need, when you need it. Subscribe to the Daily Dose of DS News to receive each day’s most important default servicing news and market information, absolutely free of charge.