Data Driven Real Estate

The National Multifamily Housing Council (NMHC) is a membership organization that represents large apartment owners nationwide. NMHC is actively involved in forming national housing policy and shaping the legislation and regulations that affect the industry as well as research offering insights into apartment trends. This week we welcome Director of Research, Chris Bruen, and research associate, Claire Gray, as we discuss trends apartment owners are watching carefully as we head into a new administration and a new year. 

00:00​ The Data Driven Real Estate Podcast Welcomes Chris Bruen and Claire Gray from the National Multifamily Housing Council

‍00:56​ What is the number one data trend apartment owners should watch for in 2021?

‍01:50​ Who is the National Multifamily Housing Council?

‍04:13​ How do you define an apartment?

‍08:16​ What reports does the NMHC produce? 

‍11:40​ What are the insights they are seeing in different markets

‍12:58​ What percentage of apartment rents are being paid in 2021?

‍14:11​ How do apartment owners feel about 2021?

‍19:47​ Will apartment construction increase in 2021?

‍23:45​ Demographic and tenant trends in the apartment space

‍35:43​ Conversion of malls to apartments?

‍38:39​ Is migration impacting the apartment sector?

‍52:19​ What research is NMHC producing in 2021

‍55:56​ Technology trends in the apartment space

Greg Clark is a Bay Area professional football player turned trustee sale investor. He and his brother have successfully flipped over 400 properties over the past 17 years. California's SB 1079 went into effect on January 21, drastically changing the risks associated with trustee sale foreclosure investing. In this show, Sean and Aaron explore alternatives for trustee sale investors looking for other opportunities and ways they can bring their very unique skills (chocolate) to other strategies, right here in California. 

Get your questions answered on the upcoming show by posting your questions in our community: https://bit.ly/ddre-28

Trustee sale investor clients, please feel free to use the community for questions. Also email [email protected] to reach Sean.

00:00 The Data Driven Real Estate Podcast Welcomes Greg Clark, of Green Leaf Properties.
01:24 Greg's journey from a professional football player to trustee sale buyer
06:25 The importance of data in the trustee sale game
09:56 How SB1079 and the redemption period is impacting real estate investors?
17:26 California rents are the lowest in the nation?
23:01 What will strategies will trustee sale buyers use if they exit foreclosure investing?
24:48 Importance of title research, risks, and how that translates to other opportunities
26:34 Unique skills that trustee sale buyers bring to other strategies
30:40  How many houses a trustee sale buyer researches to buy just one investment
33:26 Leveraging existing systems into new strategies
46:33 Working with wholesalers and where to find them
42:38 Have they tried to jump to other states?
53:04 Driving for dollars and finding real estate deals

Greg Clark is a Bay Area professional football player turned trustee sale investor. He and his brother have successfully flipped over 400 properties over the past 17 years. California's SB 1079 went into effect on January 21, drastically changing the risks associated with trustee sale foreclosure investing. In this show, Sean and Aaron explore alternatives for trustee sale investors looking for other opportunities and ways they can bring their very unique skills (chocolate) to other strategies, right here in California. 

Get your questions answered on the upcoming show by posting your questions in our community: https://bit.ly/ddre-28

Trustee sale investor clients, please feel free to use the community for questions. Also email [email protected] to reach Sean.

00:00 The Data Driven Real Estate Podcast Welcomes Greg Clark, of Green Leaf Properties.
01:24 Greg's journey from a professional football player to trustee sale buyer
06:25 The importance of data in the trustee sale game
09:56 How SB1079 and the redemption period is impacting real estate investors?
17:26 California rents are the lowest in the nation?
23:01 What will strategies will trustee sale buyers use if they exit foreclosure investing?
24:48 Importance of title research, risks, and how that translates to other opportunities
26:34 Unique skills that trustee sale buyers bring to other strategies
30:40  How many houses a trustee sale buyer researches to buy just one investment
33:26 Leveraging existing systems into new strategies
46:33 Working with wholesalers and where to find them
42:38 Have they tried to jump to other states?
53:04 Driving for dollars and finding real estate deals

Daryl Fairweather is the chief economist of @Redfin. Prior to joining Redfin, she was a senior economist at Amazon working on problems related to employee engagement and managing a team of analysts. During the housing crisis, Daryl worked as a researcher at the Boston Fed studying why homeowners entered foreclosure. This week, we cover migration trends, what buyers are looking for in a new city, which pandemic real estate trends (like work from home) are here to stay, and what real estate professionals should know about trends in 2021.

Get your questions answered on the upcoming show by posting your questions in our community: https://bit.ly/ddre-27

00:00 The Data Driven Real Estate Podcast Welcomes Daryl Fairweather, PhD, Chief Economist of Redfin
00:59 What is Redfin and Redfin Concierge?
04:05 Foreclosure crisis in 2021?
05:25 COVID-related migration and real estate prices
12:14 What real estate trends in 2020 were surprising?
13:24 What is behavioral economics?
19:23 Gen Z and Y trends in real estate?
24:06 Is work from home the new normal?
29:50 What are people looking for when they move to a new city?
35:43 Are there any specific criteria that people look for when buying a home?
37:03 What real estate trends should we expect in 2021? Affordability? Interest rates?
39:56 Cities are going to invest in culture to keep people from moving?
41:22 Does lower interest rates increase home affordability?
45:35 Baby Boomer real estate trends?
49:07 Will the US mimic Japan on inflation and interest rates?

Daryl Fairweather is the chief economist of @Redfin. Prior to joining Redfin, she was a senior economist at Amazon working on problems related to employee engagement and managing a team of analysts. During the housing crisis, Daryl worked as a researcher at the Boston Fed studying why homeowners entered foreclosure. This week, we cover migration trends, what buyers are looking for in a new city, which pandemic real estate trends (like work from home) are here to stay, and what real estate professionals should know about trends in 2021.

Get your questions answered on the upcoming show by posting your questions in our community: https://bit.ly/ddre-27

00:00 The Data Driven Real Estate Podcast Welcomes Daryl Fairweather, PhD, Chief Economist of Redfin
00:59 What is Redfin and Redfin Concierge?
04:05 Foreclosure crisis in 2021?
05:25 COVID-related migration and real estate prices
12:14 What real estate trends in 2020 were surprising?
13:24 What is behavioral economics?
19:23 Gen Z and Y trends in real estate?
24:06 Is work from home the new normal?
29:50 What are people looking for when they move to a new city?
35:43 Are there any specific criteria that people look for when buying a home?
37:03 What real estate trends should we expect in 2021? Affordability? Interest rates?
39:56 Cities are going to invest in culture to keep people from moving?
41:22 Does lower interest rates increase home affordability?
45:35 Baby Boomer real estate trends?
49:07 Will the US mimic Japan on inflation and interest rates?

FRED is a data service provided by the St. Louis Federal Reserve. FRED is updated daily and allows 24/7 access to over 800,000 financial and economic data series from more than 100 public and proprietary sources. From kindergartners to economists to small business, the vast amounts of data allows us all to make more informed decisions.  This week, we welcome Yvetta Fortova, the manager of FRED and FRED-family products (ALFRED, GeoFRED) in the Research Division, where she oversees the collection, organization, and publication of data found in FRED.  We also have Maria A Arias who works on the FRED team developing and maintaining the data update process. She also helps lead FRED workshops for new and existing audiences to market new features and help users make the most of FRED.

Get your questions answered on the upcoming show by posting your questions in our community: https://bit.ly/ddre-26

00:00 The Data Driven Real Estate Podcast welcomes Yvetta Fortova and Maria Arias from
@Federal Reserve Bank of St. Louis Federal Reserve Economic Data (FRED) team
02:16 When was FRED launched?
03:34 How many data time series are housed within FRED?
09:36 What is GeoFRED?
12:03 How big is the FRED team dealing with 800,000 data series?
16:20 Kindergarders use FRED?
18:56 Who decides the data sets that are featured in FRED? Who are some of the data partners?
33:23 How frequently is the data updated?
39:40 Does access to data at FRED inspire others, like states, to do a better job curating their own data?
47:45 Example of a real estate investor exploring a completely new market. What kind of data is available on things like the economy, demographics, and real estate?
57:10 What is FRED working on for 2021?

FRED is a data service provided by the St. Louis Federal Reserve. FRED is updated daily and allows 24/7 access to over 800,000 financial and economic data series from more than 100 public and proprietary sources. From kindergartners to economists to small business, the vast amounts of data allows us all to make more informed decisions.  This week, we welcome Yvetta Fortova, the manager of FRED and FRED-family products (ALFRED, GeoFRED) in the Research Division, where she oversees the collection, organization, and publication of data found in FRED.  We also have Maria A Arias who works on the FRED team developing and maintaining the data update process. She also helps lead FRED workshops for new and existing audiences to market new features and help users make the most of FRED.

Get your questions answered on the upcoming show by posting your questions in our community: https://bit.ly/ddre-26

00:00 The Data Driven Real Estate Podcast welcomes Yvetta Fortova and Maria Arias from
@Federal Reserve Bank of St. Louis Federal Reserve Economic Data (FRED) team
02:16 When was FRED launched?
03:34 How many data time series are housed within FRED?
09:36 What is GeoFRED?
12:03 How big is the FRED team dealing with 800,000 data series?
16:20 Kindergarders use FRED?
18:56 Who decides the data sets that are featured in FRED? Who are some of the data partners?
33:23 How frequently is the data updated?
39:40 Does access to data at FRED inspire others, like states, to do a better job curating their own data?
47:45 Example of a real estate investor exploring a completely new market. What kind of data is available on things like the economy, demographics, and real estate?
57:10 What is FRED working on for 2021?

Development, Product Management, Product Marketing, Training, and Support with 17 years focused in the Real Estate vertical. The real estate transaction has drastically changed and big announcements have been made in 2020. Digitizing transactions makes for a great consumer experience, helps agents get paid faster, and gives brokers and teams data-driven insights to improve business. Marnie helps us explore what this means for real estate, the problem tech giants are seeking to solve, the fear Realtors have, and how data is being used to refine the process.

00:00 The Data Driven Real Estate Podcast welcomes Marnie Blanco with Zillow's Dotloop
00:53 What is Dotloop?
06:03 Why is the real estate industry so resistant to technology?
08:01 What are the barriers in technology for a fully digital real estate transaction?
09:49 How brokers are relying more on technology for the data and to increase efficiencies in compliance (it's not just to make the consumer happy)
12:41 What brokers are learning because of the data captured from within Dotloop
17:00 What data points is Dotloop capturing?
18:52 Are shifting demographics in real estate more technology demanding?
21:38 Introducing partners at the right point in the transaction and how partnerships like Earnnest and Notarize drive further digitization of the real estate transaction (while decreasing fraud)
23:24 The California Association of Realtors and dotloop partnership
26:55 How much time can you save in doing transactions in Dotloop? Reasons why that is hard to answer and may not be the right question to ask
35:27 Zillow Offer and buyer trends. Why agents need to stop worrying and get to work
38:08 Strategic ways Realtors focus on differentiation and less on the transaction (hint: find a niche)
38:34 Covid related real estate trends seen in the data
40:42 Marnie give tips on how to adopt to the new technology and be a better data-driven business
46:47 Off-market real estate and the seller's market in 2021, and trends to watch including ancillary services and vertical integration moves in real estate
49:25 Virtual reality, augmented reality, and how companies like Home Depot are pushing us more online

➡️ Serious about tapping into the power of PropertyRadar?
🔥Try it FREE for 3-days:  https://bit.ly/PRfreetrial
🔥Schedule a FREE one-on-one demo: 

Development, Product Management, Product Marketing, Training, and Support with 17 years focused in the Real Estate vertical. The real estate transaction has drastically changed and big announcements have been made in 2020. Digitizing transactions makes for a great consumer experience, helps agents get paid faster, and gives brokers and teams data-driven insights to improve business. Marnie helps us explore what this means for real estate, the problem tech giants are seeking to solve, the fear Realtors have, and how data is being used to refine the process.

00:00 The Data Driven Real Estate Podcast welcomes Marnie Blanco with Zillow's Dotloop
00:53 What is Dotloop?
06:03 Why is the real estate industry so resistant to technology?
08:01 What are the barriers in technology for a fully digital real estate transaction?
09:49 How brokers are relying more on technology for the data and to increase efficiencies in compliance (it's not just to make the consumer happy)
12:41 What brokers are learning because of the data captured from within Dotloop
17:00 What data points is Dotloop capturing?
18:52 Are shifting demographics in real estate more technology demanding?
21:38 Introducing partners at the right point in the transaction and how partnerships like Earnnest and Notarize drive further digitization of the real estate transaction (while decreasing fraud)
23:24 The California Association of Realtors and dotloop partnership
26:55 How much time can you save in doing transactions in Dotloop? Reasons why that is hard to answer and may not be the right question to ask
35:27 Zillow Offer and buyer trends. Why agents need to stop worrying and get to work
38:08 Strategic ways Realtors focus on differentiation and less on the transaction (hint: find a niche)
38:34 Covid related real estate trends seen in the data
40:42 Marnie give tips on how to adopt to the new technology and be a better data-driven business
46:47 Off-market real estate and the seller's market in 2021, and trends to watch including ancillary services and vertical integration moves in real estate
49:25 Virtual reality, augmented reality, and how companies like Home Depot are pushing us more online

➡️ Serious about tapping into the power of PropertyRadar?
🔥Try it FREE for 3-days:  https://bit.ly/PRfreetrial
🔥Schedule a FREE one-on-one demo: 

Sean O'Toole with PropertyRadar has been in the public records space, building ForeclosureRadar and then PropertyRadar, for over a decade. PropertyRadar is now national! Lots of effort has gone into building a platform that combines property, mortgage, and people data in a meaningful way that makes public records not only accessible but powerfully actionable. This week, Aaron and Sean celebrate the national launch, what are public records, real estate trends in 2021, different entrepreneurs that use PropertyRadar, and why next year will be the year of off-market real estate.

Get your questions answered on the upcoming show by posting your questions in our community: https://bit.ly/ddre-24

00:00 The Data Driven Real Estate Podcast welcomes Sean O'Toole
01:43 PropertyRadar is now national! Sean talks about how he started PropertyRadar and what motivates him to invest in the business
04:00 What is a Public Record?
07:30 The role public records play in trust and freedom
11:15 Are public records free? Where and how to get them.
12:01 What different types of public records exist?
25:31 The democratization of data and how the cost to access has changed the game
27:40 Who sort of business use public records to market?
37:22 What does multi-sourced, baked-off, backtested, backfilled and what does it mean to data quality.
45:11 What new fields and data are available in PropertyRadar National?
45:23 What the addition of judicial foreclosure to PropertyRadar means for commercial real estate investors.
48:12 This mistake marketers and small business make with list building and buying ready-made popular lists
52:19 Aaron's favorite feature of PropertyRadar and how he uses it in the community
54:19 Is direct mail really expensive? (hint: no, not if done correctly)
57:10 What to expect in 2021?
1:02:12 Why public records aren't perfect and how they can vary from state to state and county to county.