Dataset Identification:
Resource Abstract:
- description: The Typology will assist city government, local foundations and non-profits to understand local market strengths
and to appropriately match neighborhood strategies to market conditions, for the best use of public and private resources.
In addition, the typology will inform neighborhood level planning efforts and provide residents with an understanding of the
local housing market conditions in their communities. Regional Choice: Competitive housing markets with high owner-occupancy
rates and high property values in comparison to all other market types. Foreclosure, vacancy and abandonment rates are low.
Middle Market Choice: Housing prices above the city_s average with strong ownership rates, and low vacancies, but with slightly
increased foreclosure rates. Middle Market: Median sales values of $91,000 (above the City_s average of $65,000) as well as
high homeownership rates. These markets experienced higher foreclosure rates when compared to higher value markets, with slight
population loss. Middle Market Stressed: Slightly lower home sale values than the City_s average, and have not shown significant
sales price appreciation. Vacancies and foreclosure rates are high, and the rate of population loss has increased in this
market type, according to the 2010 Census data. Distressed Market: , Have experienced significant deterioration of the housing
stock. This market category contains the highest vacancy rates and the lowest homeownership rates, compared to the other market
types. It also has experienced some of the most substantial population losses in the City during the past decade.; abstract:
The Typology will assist city government, local foundations and non-profits to understand local market strengths and to appropriately
match neighborhood strategies to market conditions, for the best use of public and private resources. In addition, the typology
will inform neighborhood level planning efforts and provide residents with an understanding of the local housing market conditions
in their communities. Regional Choice: Competitive housing markets with high owner-occupancy rates and high property values
in comparison to all other market types. Foreclosure, vacancy and abandonment rates are low. Middle Market Choice: Housing
prices above the city_s average with strong ownership rates, and low vacancies, but with slightly increased foreclosure rates.
Middle Market: Median sales values of $91,000 (above the City_s average of $65,000) as well as high homeownership rates. These
markets experienced higher foreclosure rates when compared to higher value markets, with slight population loss. Middle Market
Stressed: Slightly lower home sale values than the City_s average, and have not shown significant sales price appreciation.
Vacancies and foreclosure rates are high, and the rate of population loss has increased in this market type, according to
the 2010 Census data. Distressed Market: , Have experienced significant deterioration of the housing stock. This market category
contains the highest vacancy rates and the lowest homeownership rates, compared to the other market types. It also has experienced
some of the most substantial population losses in the City during the past decade.
Citation
- Title 2011 Housing Market Typology.
-
- creation Date
2018-02-03T22:56:29.890590
Resource language:
Processing environment:
Back to top:
Metadata data stamp:
2018-08-06T19:40:21Z
Resource Maintenance Information
- maintenance or update frequency:
- notes: This metadata record was generated by an xslt transformation from a dc metadata record; Transform by Stephen M. Richard, based
on a transform by Damian Ulbricht. Run on 2018-08-06T19:40:21Z
Metadata contact
-
pointOfContact
- organisation Name
CINERGI Metadata catalog
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- Contact information
-
-
- Address
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- electronic Mail Address cinergi@sdsc.edu
Metadata language
eng
Metadata character set encoding:
utf8
Metadata standard for this record:
ISO 19139 Geographic Information - Metadata - Implementation Specification
standard version:
2007
Metadata record identifier:
urn:dciso:metadataabout:2b563bf4-d4a0-41a8-956c-3633f8087b14
Metadata record format is ISO19139 XML (MD_Metadata)