Now that Amazon has revealed the three locations of their second headquarters (aka HQ2), the folks over at ATTOM Data zeroed-in on those locations (New York, Washington, D.C., and Nashville) to analyze their markets vis a vis the new Opportunity Zones created by Congress last year. Interestingly they found that homes located in Opportunity Zones nationwide and in each of these three markets consistently were sold at a discount but also have appreciated more quickly over the past five years compared to homes outside of the Opportunity Zones. Their analysis looked at housing characteristics, such as home values and price appreciation for 7.4 million residential properties and 259k home sales in over 3k Opportunity Zones.
Click to read report.