Microblog #49: Mapping the Housing Market Cycle

An Interactive Look at the Housing Market’s Rise, Fall, and Recovery

Most of us are all too familiar with the narrative: booming construction and access to to credit in the early 2000s, followed by sub-prime home loans, then a crash and recession, and now an uneven recovery. This tale of the country’s housing market over the past 20 years is inescapable.
Now, thanks to researchers at the Urban Institute, we can dramatically visualize this rise, fall, and recovery. This interactive map uses Home Mortgage Disclosure Act (HMDA) data to show who bought homes and where from 2000 to 2016. Each dot on the map represents 10 mortgages, color-coded by race and ethnicity.
Interested in a deeper dive into HMDA data? Use the Consumer Financial Protection Bureau’s custom query tool to filter by geography, mortgage purpose, property type, applicant demographics, and many other variables. For example, did you know that the most common reason for a mortgage application denial in Virginia in 2017 was for too high of a debt-to-income ratio?

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