SANTA CLARA, Calif.,
Jan. 29, 2018 /PRNewswire/
-- Realtor.com® today announced its
prediction for a sixth NFL championship for the New England
Patriots in Super Bowl LII. Its pick of the Patriots over the
Philadelphia Eagles isn't based on defensive schemes or quarterback
matchups, but rather a comparison of the strength of each team's
respective housing markets.
"Although there is no correlation between football and real
estate, we made our pick based on what we know best – the housing
market," said Nate Johnson, chief
marketing officer for realtor.com®. "With strong
home prices and fast days on market, there's no question that
Boston currently has a more
dynamic housing market, which in our minds make it the clear pick
for the upcoming game."
Both Philadelphia and
Boston had strong real estate
seasons this year, generating first- down payments and new home
turf for thousands of buyers. But Boston showed more potent price yardage
overall, with listing prices driving up 8 percent year over year,
compared with Philadelphia's 6
percent gains. Boston also showed
a faster running game with for sale inventory reaching the end zone
and selling in 48 days versus 70 days in Philadelphia. When it comes to inventory
declines, Boston dominated with
inventory down 18 percent year over year, compared to Philadelphia's 15 percent decline.
Realtor.com® made its pick based on a
comparison of listing prices, days on market, and inventory from
March 2017 through January 2018 for the Philadelphia and Boston metros.
About realtor.com®
Realtor.com® is the trusted resource for home buyers, sellers
and dreamers, offering the most comprehensive source of for-sale
properties, among competing national sites, and the information,
tools and professional expertise to help people move confidently
through every step of their home journey. It pioneered the world of
digital real estate 20 years ago, and today helps make all things
home simple, efficient and enjoyable. Realtor.com® is operated by
News Corp [NASDAQ: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move,
Inc. under a perpetual license from the National Association of
REALTORS®. For more information, visit realtor.com®.
Contact:
Lexie Puckett Holbert
lexie.puckett@move.com
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SOURCE realtor.com