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The Scout Vision Regional 1 and 2 Year Growth Trends are a set of exclusive assessments of important conditions which influence a regions housing market, prices, security, and economic outlook. Appreciation Potential (3 years) U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics. The percentage of adults aged 25 and older that have attained at least a 4 year college degree like a BA. A number of residences were also built between 1970 and 1999. Mortgages on properties financed by government-insured loans, such as FHA or VA mortgages, are excluded, as are properties with mortgages whose principal amount exceeds the conforming loan limit. More diverse than Even if your neighborhood is walkable, you may still have to drive to your place of work. The 3 year appreciation forecast for each neighborhood is classified into 1 - 5 categories based on how this neighborhood's forecast 3 year performance compares to the real estate appreciation rates experienced in all neighborhoods nationwide for every 3 year period since 1999. Regional Appreciation Potential (3yr) This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. 3=Moderate We then calculate the percentage change in population for each distance. annual change in K-12 school performance, Housing Affordability Trends: Manage Settings Please note: Unemployment data updated November 2022. Continue with Recommended Cookies. 5=Blue Chip.

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