All About Hooptown

Coldwell Banker Picks Bracket Winners with CBx Data

March is an exciting month for many reasons – clear Blue skies as we enter Spring, Pi Day was yesterday and of course we can’t forget, college basketball. We’ve heard of some creative, fun ways to fill out Tournament brackets from picking favorite mascots to favorite colors, but this year, Coldwell Banker is picking brackets using real estate data.

While David Marine says he uses his 1,000+ hours of game-watching experience to fill out his bracket, and others like Aubrey Collins and Chadney Barcus will pick completely at random, the brand is enlisting in CBx data. We’re using this data to compare each competing school’s hometown – or “Hooptown” – and calling it Hooptown Bracketology.

On March 13, Coldwell Banker Hooptown Bracketology ranked the Hooptowns of competing schools in five brackets:

1. Most Expensive Hooptown: Long Island University

Play well in the Tournament, sign with the NBA and you might be able to score a home in these Most Expensive Hooptowns. The winning school in this bracket is from the Hooptown with the highest average residential home sales price based on 2017 annual data.

Long Island University – Brooklyn
Average Sales Price: $1,233,265 

 

Click HERE to read the full blog.

 

2. Most Affordable Hooptown: University of Oklahoma

Tournament tickets aren’t cheap. Save on your mortgage and splurge on the games with these Most Affordable Hooptowns. The winning school in this bracket is from the Hooptown with the lowest average residential home sales price based on 2017 annual data.

University of Oklahoma
Average Sales Price: $55,344 

 

 

Click HERE to read the full blog.

 

3. Easiest Hooptown to Move to: Loyola University of Chicago

Making it to the Tournament doesn’t come easy, but moving to these Hooptowns does. The winning school in this bracket is from the Hooptown with the most listings on the market as of February 13, 2018.

Our Easiest Hooptown to Move to bracket is full of "upsets", but if you're moving to Windy City, there's nothing to be upset about! Whether you prefer a home at the center of all the action. or a more laid back vibe, Chicago has something for everyone!

 

 

Clicker HERE to read the full blog.

 

4. Newest Hooptown: Duke University

It’s time for the freshmen to have their shining moment just like these New Hooptowns. The winning school in this bracket is from the Hooptown with the newest homes based on the average build-year as of October 2017.

Will Duke’s Blue Devils do well in this year’s tournament? We’ll see how they do in their first game against Iona College on March 15th. Historically, Duke has been a basketball powerhouse, with five NCAA championships and 16 Final Fours. Will Duke’s Blue Devils do well in this year’s tournament?

 

Click HERE to read the full blog.

 

5. Best Hooptown for Singles: University of Michigan

Looking for love and basketball isn't always easy. Luckily, these Hooptowns have plenty of single adults so you’ll have lots of shots to find love. The winning school in this bracket is from the Hooptown with the highest percentage of single adults.

 

Ann Arbor is the quintessential college and according to our research a great town for singles looking for love. The town boasts 6,729 single adults and like Duke their team is a contender in this year’s actual tournament.

 

 

The Coldwell Banker marketing team took a pll on its Hooptown predictions and the votes are split – some think the Most Affordable Hooptown will be the most accurate, while others think it will be the worst predictor. On the other hand, they agree the Best Hooptown for Singles will be an accurate predictor, while Newest Hooptown will be far from the actual Tournament results.

Curious to see how your favorite team will rank in our brackets? Be sure to check the brand’s picks by visiting Hooptown.ColdwellBanker.com.

Similar to the Tournament, the percentage for each bracket will be based on the total number of winning points divided by the total points possible after each round, which will be updated at the end of each day. For Hooptown fans following along, points will be gained as follows:

  • 1 point per correct pick in the first round (32 possible points total)
  • 2 points per correct pick in the second round (64 possible points)
  • 4 points per correct pick in the third round (96 possible points total)
  • 8 points per correct pick in the fourth round (128 possible points total)
  • 16 points per correct pick in the fifth round (160 possible points total)
  • 32 points per correct pick in the sixth round (192 possible points total)

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