Spatial Trends in Private Real-estate
Demographics and Housing Spatial Analysis/Visualization
This project was part of an RFP for a technology client who sought to envision what homes of the future might look like based on home buying and technology trends. To demonstrate our ability to identify trends in this field, this effort focused on developing data analysis and visualization tools to quickly analyze large volumes of data from disparate sources and convey insights with intuitive data visualization tools that the client could use themselves.
Data Sources & Usage
Demographic and housing data was gathered from the U.S. Census Bureau's American Community Survey (ACS) and Survey of Building Permits respectively. ACS data provided insights about the age, employment, income, housing status, automobile ownership/usage etc. of people in a given area. The Survey of Building Permits (2010-2022) was used to identify geographic trends about where people where moving to and constructing/buying new homes.
Data from the U.S. Department of Energy's SLOPE (State and Local Planning for Energy) program was gathered and analyzed to identify trends in how new technologies and home appliances have made homes more energy efficient over time. The intended use of these insights was to help our team better understand how much homeowners prioritize energy when buying or remodeling homes.
Economic indicators such as employment, new business starts, consumer price indexes etc. was sourced from the U.S. Bureau of Labor Statistics and used to better understand the economic drivers that influence home construction and buying in a given location.
