ANTON E. HAIDORFER, Ph.D.
Dr. Anton Haidorfer currently works as an independent consultant and heads the Center for Housing Risk Research. Previously, he worked at Fannie Mae from 1997 to spring 2018. Dr. Haidorfer has more than 20 years of experience in financial modeling and analysis of geographic risk. His skills cover financial analysis, economic modeling and data programming.
Dr. Haidorfer’s core function at Fannie Mae was tracking how regional risk in the housing market contributes to home price changes. This process used a proprietary system that he built from nothing based upon variables never previously tracked. It is still being used. This month-to-month modeling process requires: 1) organizing and cleaning databases which contained millions of records for 30 or more variables, 2) statistically analyzing the data using Excel, and SAS to pick up trends and patterns, and 3) writing up the results and presenting them to senior management. In addition, he simultaneously would complete special projects as needed such as the potential impact of the Tax Cut and Jobs Act of 2017 on house prices in 50 major housing markets. This analysis caused a revision in Fannie Mae’s 2018 home price forecast. He is a creative, independent thinker and has exceptional writing skills.
Dr. Haidorfer is actively engaged in research. He presented papers national conferences in 2018 and 2021. He has taught both economics and finance at the MBA level at Philadelphia University.
Education and Certifications
Ph.D. Economics/Finance, Temple University
B.A. Economics, Temple University
Fannie Mae, 1997 – 2018
The Mortgage Bankers Association of America, 1996 – 1997
Federal Deposit Insurance Corporation, 1992 – 1996
Selected Recent Publications
“Does Competition from Investors Raise Home Prices to Potential Owner Occupiers?” submitted to the Mortgage Market Research Conference at the Federal Reserve Bank of Philadelphia, May 2022.
“The Impact of Credit Scores on the Overpayment of Rent as a Means to Obtain Shelter”, submitted to The American Real Estate and Urban Economics Association’s (AREUEA) national meeting, June 2022.
“The Impact of an Increase in the Prevailing State Income Tax Rate on Net- Outmigration”, submitted to the AREUEA/ASSA’s January 2022 meeting.
“Did the 2017 Tax Cuts and Jobs Act Negatively Impact the U.S. Housing Market in Cities with High State and Local Taxes?” presented at AREUEA’s national meeting, June 2021.
“Do High State and Local Tax Rates Cause Outmigration of Middle-Age High-Income Citizen”, submitted to the AREUEA-ASSA January 2019 conference.
“Detecting Overheating Housing Markets and Turning Points, Ex Ante”, presented at the AREUEA’s national meeting in Washington, DC, June 2018.
“New Evidence on the Co-Integration of House Prices and Rents”, Coauthored with Hamilton Fout and Michael LaCour-Little, presented at the American Real Estate Society’s April 2018 Conference.