Pitchrate | HOME EQUITY WEALTH HAS DOUBLED OVER LAST FIVE YEARS HOW BUYERS, SELLERS AND HOMEOWNERS STAND TO BENEFIT

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HOME EQUITY WEALTH HAS DOUBLED OVER LAST FIVE YEARS – HOW BUYERS, SELLERS AND HOMEOWNERS STAND TO BENEFIT

Request:

Nationally Syndicated Real Estate Newspaper

Request Date:

11/09/2016 02:50pm

Deadline (Eastern Time):

11/15/2016 01:00pm

Category of Expertise:

Real Estate/Mortgage
Hello. My name is Erik Martin and I am a reporter for a nationally syndicated real estate section published weekly in newspapers across the country (see current examples at gmnews.com/?s=%22by+erik+j.+martin%22). I’m looking to interview realtors/agents, investors, lenders, and other housing experts for the following article:

HOME EQUITY WEALTH HAS DOUBLED OVER LAST FIVE YEARSHOW BUYERS, SELLERS AND HOMEOWNERS STAND TO BENEFIT. A new report by CoreLogic (details at: http://www.corelogic.com/about-us/news/corelogic-us-home-price-report-shows-prices-up-6.3-percent-in-september-2016.aspx ) indicates that home equity wealth has doubled during the last five years to $13 trillion largely because of the recovery in home prices; nationwide over the past year, the average gain in housing wealth was approximately $11,000 per homeowner. Additionally, the report indicates that prices will increase by 5.2 percent on a year-over-year basis from September 2016 to September 2017, and on a month-over-month basis home prices are expected to increase by 0.3 percent from September 2016 to October 2016. This article will explore the study's findings and what having greater home equity wealth means to homeowners, buyers and sellers. Below is a list of questions I’m seeking answers to. I can either conduct a phone or email interview (with the latter, please email me back full-sentence written responses that I can use as quotes). My deadline is noon central, Tuesday, November 15.

QUESTIONS:
1. How do you interpret the findings of the aforementioned CoreLogic report? What did you find interesting or unexpected about the results?
2. What do the findings mean for homeowners, homebuyers, and home sellers, especially when it comes to home equity/price increases? How does each group stand to benefit?
3. Overall, how and why does having greater home equity wealth and higher home prices benefit homeowners, buyers, and sellers, respectively? Please provide separate answers for each of the three groups (owners, buyers, and sellers).
4. What is your prediction: will housing wealth (in the form of increased home prices and increased home equity) continue to move upward in the coming months/years? Why/why not?
5. Any other thoughts, tips or suggestions on this topic?

6. What is your full name, title, company, city/state location, and email address?

Keywords

realtors/agents, investors, lenders, housing experts

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