Saul Klein talks about the early days of distributing MLS data pre-1993 -- back in the days of the dumb computer terminals.
Yet investment in housing is crucial; millions of Americans spend more than they can afford to put a roof over their heads and too many Americans live far from neighborhoods where they can gain access to economic opportunity.
This new class of investors emerged in the aftermath of the 2008 financial crisis when big capital and big tech came together to purchase large numbers of foreclosed homes, many of them in historically disadvantaged communities, and particularly in communities of color.
Compare metrics such as estimated property sale price, home footage ratio, origin Walk Score, and destination Walk Score from traced home purchases across metros that highlight the arbitrage opportunity for homeowners in expensive metros.
Establish consistent procedures to properly dispose of background and credit reports. The FCRA does not require any specific retention periods, so you’ll want to review your document retention policy and consult your local counsel to comply with applicable laws.