Posted by Jonathan Miller -Thursday, November 18, 2010, 11:03 PM
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.