Throughout this project, we have continually found that high-level data (GDP, population, inflation, interest rates, etc.) are insufficient for understanding the nuances of housing markets. As a result, our work has involved a tremendous amount of problem structuring to better recognize important market drivers and players at a tremendous level of detail, allowing for a much deeper appreciation of why markets move and how we can predict those moves with a high level of accuracy.
For a large real estate organization or bank like JPMorgan, knowing which markets are prime for growth and the behavior of some markets compared to other markets can prove extremely valuable for asset allocation decisions within their various portfolios.
