Steven McCord – Page 2 – Locate Alpha Insights

Under-Inflated Second Home Markets: Do They Exist?

Prices are rising around the country, and the same is true for vacation homes. What we did not expect to see that was that even the second-tier of lesser-known vacation spots have also shot up in price, leaving few areas untouched by rapid price growth. Where are these under-inflated markets?

Wall Street Buyers: Are They Pushing You Out of the Market?

There’s been a lot of media coverage lately about booming housing prices. Some are pointing to big institutional buyers, like REITs, as a source of the problem. We tend to disagree. Here’s why.

Identifying Underdevelopment Near Downtown Dallas

For the last several years, we have been following the planning of the I-345 corridor re-development near downtown Dallas. The idea, which has been studied since 2014, revolves around dismantling a freeway that has bisected the city since the early 1970s and contributed to under-performance in nearby areas. In a conversation with Patrick Kennedy, one of the masterminds and proponents of the initiative, I thought about whether there is an obvious way to calculate which specific areas are most affected by under-development and are best placed for revival if the I-345 freeway is dismantled.

Snowballing Your Way to 10 Houses

A tried-and-true method for any kind of debt reduction is the “snowball” method. It’s a metaphor for a ball of snow rolling down a hill and getting larger as it picks up more snow. It works amazingly well for real estate as well.

63,000 Homes in the Dallas-Fort Worth Area Suffered the Worst of the Cold Snap

Our research revealed that it was an equal-opportunity power outage. Hardest-hit, however, were 63,000 households in areas that lacked both power and a backup sources of heat. The data suggest high-income areas did not experience fewer outages in this event, than other areas.