Eric Fox

Eric Fox

Eric Fox is VP of Statistical and Economic Modeling at Veros Real Estate Solutions. Fox received his M.S. in Statistics and B.S. in Mathematics and Economics from Purdue University, and has 30 years of industrial experience in statistical and econometric modeling, probabilistic life methodology development, statistical training, probabilistic design software development, and probabilistic financial/competitive analysis.

ARTICLES

  • How real estate may fare in Fargo, North Dakota

    Property values are projected to appreciate at just over 3% through next May
    Fargo's notoriety, at least as a pop culture reference, has been on the rise since the release of a Coen brothers' comedy in 1996 and recent success of the television series it inspired. But when it comes to property values in the Fargo, ND-Moorhead, MN, MSA, the projected rise will be modest at best, according to VeroFORECAST projections. Read an exclusive analysis from Veros' Eric Fox to learn more.
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  • Restarting motor city

    After bankruptcy and bailout, fortunes in Detroit-Warren-Livonia, Michigan MSA are turning over again
    Five years ago, Detroit, the principal city in the Detroit-Warren-Livonia, Michigan Metropolitan Statistical Area, was declaring bankruptcy with debt estimates as high as $20 billion. This summer, those troubles seem comfortably in the rearview, according to the latest VeroFORECAST, which shows that real estate values in the nation's 14th most populous MSA are predicted to increase at an average of 6.8% over the next 12 months.
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  • 2-city housing boom hits Nevada

    Reno, Carson City jump in Veros index
    Reno will appreciate at a rate of 9.5% over the next year. The neighboring Carson City MSA is also projected to see property values appreciate at 9.5%. Neither was in the Top Ten for home price appreciation last quarter. So what happened?
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  • This southern MSA's property values keep rising

    Which city has seen an uptick in appreciation?
    This southern city is predicted to see a 7.6% rate of real estate appreciation over the next year and is ranked 39th out of 354 MSAs analyzed in Veros' latest VeroFORECAST. Where is it? Read more to find out.
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  • Bottom's up: Here are 10 markets projected to see depreciation

    See which markets are projected to depreciate or stay the same
    Veros' Eric Fox breaks down the U.S. markets with lowest projected appreciation. Of the previous quarterly report's 10 MSAs predicted to depreciate or remain unchanged over the next year, seven moved up and out of the bottom list this quarter. Read more to find out which markets made the list.
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  • Is real estate appreciation shifting west?

    Forecasts of higher real estate appreciation continue to tilt west
    Just as America's population growth moved west from the Atlantic, real estate appreciation is trending in that direction, too. According to projections from Veros released last month, a graph of the nation's highest-appreciating Metropolitan Statistical Areas through May 2019 might look like a wave cresting towards the West Coast.
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  • This MSA is leading in real estate appreciation

    Real estate values to continue rising
    The latest VeroFORECAST report predicts a slight uptick in the national average of real estate appreciation, while this MSA remains in the lead for appreciation for the second quarter. Check out Veros VP of Statistical and Economic Modeling Eric Fox's breakdown of the data.
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  • Property values will rise modestly in this MSA

    Third-largest MSA to see increase in appreciation
    According to the most recent VeroFORECAST from Veros Real Estate Solutions, this sprawling MSA not only ranks behind New York and Los Angeles in terms of population, but also in its predicted real estate appreciation through March 2019. Read on to learn more about this MSA.
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  • The art of real estate appreciation

    In this coastal MSA, rising property values go with its cultural scene
    Many things contribute to the coastal California MSA of San Diego-Carlsbad-San Marcos. In addition to its near-monotonous temperate climate, growing economy, point-of-entry position, the huge Marine and Naval installations that are again benefiting from increased military spending, the area boasts a quality of life that continues to attract homebuyers and push home prices higher.
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