Home Price Performance
Long term home price appreciation is measured to establish an Average Annual Home Price Appreciation Rate. The data set used for this chart goes back to 1998 - the longest term measurement of institutional quality data available. It encompasses the mild period in the late 1990's, the price volatility of the 2000's and the beginnings of the recovery. The contrast of the county, state and nation provides insight into the relative price point and volatility of the subject market.
Demand for housing is directly tied to changes in population, both for rent and for sale. The 100-year population growth chart represents the history of the long term demand for housing in the subject area.
Migration is a main driver of population change, and illustrates where people are moving from and to. Observations can be made as to why people are moving from and to specific counties. Are there positive or negative trends that are likely to be ongoing?
Civilian unemployment for the subject state can be contrasted with the national average. Grey shaded areas are recessions. Observations can be made as to the performance of the job market in good times and bad.
Job Growth & Diversity
Employment diversity illustrates how dependent a state is on specific trade sectors. Annual job growth shows raw payrolls over time.
Listings Provided By: Michael Reeder
Courtesy of Platinum Realty LLC
Data last updated: 2020-03-10, 06:37:40
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