1 / 8

Housing data: Cuyahoga, Lucas, and state trends

Housing data: Cuyahoga, Lucas, and state trends. Matt Klesta June 15, 2012. The views expressed are mine and not necessarily those of the Federal Bank of Cleveland or the Federal Reserve System. FHFA Home Price Index 2000:Q1 – 2012:Q1 2000:Q1 = 100. Source: FHFA/ Haver Analytics.

acton
Download Presentation

Housing data: Cuyahoga, Lucas, and state trends

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Housing data: Cuyahoga, Lucas, and state trends Matt Klesta June 15, 2012 The views expressed are mine and not necessarily those of the Federal Bank of Cleveland or the Federal Reserve System

  2. FHFA Home Price Index2000:Q1 – 2012:Q12000:Q1 = 100 Source: FHFA/Haver Analytics

  3. Percent of all loans greater than 90 days delinquent Percent of all loans in foreclosure April 2007 – April 2012 Source: Lender Processing Services (LPS) Applied Analytics

  4. Loans entering 90 days delinquency in Ohio 2010:Q1 & 2010:Q2 Source: Calculations based on loan modification flagging algorithm on LPS data.

  5. Methodology Zip code Components normalized to 0-1 1 being most distressed Data source LPS 65% of U.S. mortgage market Why it’s useful Provides policymakers and community leaders with a snapshot of a region’s housing market health and recovery potential Periodic recalculations give the ability to track relative changes through time Community Stabilization Index (CSI) Index components

  6. January 2012 Cuyahoga County Community Stabilization Index Percentage Point Change in Foreclosure Rate January 2011 – January 2012 Source: Lender Processing Services and authors’ calculations

  7. Lucas County Community Stabilization Index Percentage Point Change in Foreclosure Rate January 2012 January 2011 – January 2012 Source: Lender Processing Services and authors’ calculations

  8. Questions or comments? Matt Klesta 216-579-3166 Matthew.klesta@clev.frb.org www.clevelandfed.org/communitydevelopment

More Related