You can obtain a link to the entire report above the report by clicking in the share window, then copying the link in the window and for example emailing to someone.
You can also take a screen shot of the image on the screen by clicking command shift 4. The resulting file will appear on your desktop.
The WA offerings are also provided in bulk to large clients who receive all 78 million WA indexes each month. WA provides house level indexes, forecasts and valuations on a match and append basis for investors that hold portfolios of properties or mortgages.
This a report for one Metro area that includes graphing tools of the indexes for single family homes and condos within the metro, one year forecast and 1 and 10 year price history data, a dynamic map showing an animation of the Metro level single family home value changes over an 18 year period and Segmentation Reports. WA maintains over 300 Metro code reports, that are each updated monthly.
This a report for one 5 digit zip code that includes graphing tools of the indexes for single family homes and condos within the zip, one year forecast and 1 and 10 year price history data, a dynamic map showing an animation of the zip code single family home value changes over an 18 year period and Segmentation Reports. WA maintains over 13,000 Zip code reports, that are each updated monthly.
WA’s approach to understanding home prices is based on its unique ability to track value changes at the house level. WA produces 78 million house specific indexes and forecasts with monthly updates. Allan Weiss, the founder of WA created this novel approached after observing the housing meltdown of 2008 and the damage it did.
In the mid-2000s, available price indexes did not warn of the impending crash until it was too late because these indexes tracked the price changes of the average home in each market. As the most vulnerable homes were declining in value the majority of homes continued to appreciate for another year or two at a slowing pace. They could not see that the market had split with a growing number of homes declining in value. If people could have seen the whole market at the house level the growing peril would have been obvious.
WA created house level indexes and therefore forecasts by treating each house as a unique asset with an individually calculated index. WA produces each index with a database of repeat sales of thousands of houses within the local market. However, unlike other index providers, instead of pretending that each house in the market is identical and producing one index for the entire market, WA overlays this data with the characteristics such as the home’s age, size and bedrooms from public records and the MLS. WA then focusses the repeat sales data on each house by weighting the sales of the other houses based on how similar they are to each subject house. The resulting indexes distinguish value changes even for houses that are next door neighbors. For example, a smaller newer house might be in high demand while the house next door is a larger older house in lower demand. The WA index for first house will rise while its neighbor will fall.
WA creates visualizations of the changing value of every house in the market to understand pricing patterns at a deeper level and produce uniquely accurate home price forecasts. These visualizations show that market shifts can begin with a small cluster of houses which grows in number and can then expand like a weather front moving across a market. Houses that have not changed value direction can be predicted to shift by observing the changes in the other houses in their proximity. Using this method, WA accurately predicts 90% of the cases when houses that have been appreciating for multiple years cease appreciating in the following year.