I got to catch up with Bob Dorsey, Chief Data and Analytics Officer of FNC which he is a co-founder. Bob is a principal force behind their US residential housing price index that combines public record data and data collected from appraisal reports submitted to lenders.
The index takes a different approach than the primary indices already in use, namely Case Shiller, FHFA and NAR Existing Home Sales. It’s an intriguing approach to refine the accuracy of measuring housing markets.
Tags: Case-Shiller, FHFA, NAR, National Association of Realtors