Upload
others
View
4
Download
0
Embed Size (px)
Citation preview
11
USING REAL ESTATE DATA TO TELL STORIES ABOUT AFFORDABILITY AND CHANGING
NEIGHBORHOODS
Skylar Olsen, PhD, Senior Economist
2 View data on zillow.com/data
Home appreciation varies widely across the country
3 View data on zillow.com/data
Jacksonville metro, Zillow Home Value Tiers
4 View data on zillow.com/data
Jacksonville metro, Inventory Tiers
5 View data on zillow.com/data
Diving into Jacksonville Metro
-38.9%Peak-to-trough
-15.4%Peak-to-current
+7.8%Year-over-year
6 View data on zillow.com/data
Jacksonville annual home value growth
7 View data on zillow.com/data
Zillow Home Value Index, Jacksonville area cities
8 View data on zillow.com/data
Jacksonville For-sale Inventory
-56.2%Peak-to-current
-11.5%Year-over-year
9 View data on zillow.com/data
Inventory shortage is no longer only due to negative equity.
10 View data on zillow.com/data
Jacksonville metro, negative equity 2016 Q3
11 View data on zillow.com/data
Mortgage rates are historically low
12 View data on zillow.com/data
Rents are pushed to the limit
13 View data on zillow.com/data
Jacksonville metro rents are most expensive in suburban areas
14 View data on zillow.com/data
A bird’s eye view with ZIP code level data
15 View data on zillow.com/data
Jacksonville metro home growth more aggressive in urban areas
16 View data on zillow.com/data
A different pattern for home values: a growing premium on access
17 View data on zillow.com/data
Similar trends in other metros: sacrificing distance for affordability
18 View data on zillow.com/data
Jacksonville metro housing affordability
Mortgage Affordability, 2016 Q4 Rent Affordability, 2016 Q4
Share of income spent on mortgage Share of income spent on rent
15% 28%
19 View data on zillow.com/data
Main takeaways• Housing is intimately tied to many other aspects of our lives and our motivations
• Zillow has data and data scientists ready to go – Help you frame and root your story– Help you link it back to historical norms
• Expert interview with an economist can help you connect the dots– We’re everywhere these days– Not everything is measurable, sometimes understanding comes down to years of familiarity with how markets and economies work.
20 View data on zillow.com/data
Zillow.com/data
Over 50 available metrics…
21 View data on zillow.com/data
22 View data on zillow.com/data
23 View data on zillow.com/data
24 View data on zillow.com/data
What we do• Research
• Data production
• Analytic product development
• Commentary and education– Media– Industry– Investors– Government– Anyone who will listen to us
Visit us at Zillow.com/research
25 View data on zillow.com/data
A wide world of housing data• Different levels of geography
• Different methodologies for the same metric
• Different numbers for what should be the same thing…in a perfect world
26 View data on zillow.com/data
Rent data
27 View data on zillow.com/data
Tools to use Zillow Research in your newsroom
• Zillow.com/research– Research briefs and detailed analysis
• Zillow.com/data– Free data for story ideation, visualization, …
• [email protected]– Custom analysis or general inquiries
• Zillow.Mediaroom.com– Biweekly email with research highlights