More fun with Real Estate Maps

Tuesday, February 20, 2007 | 10:32 AM

I mentioned Neighberoo in this weekend's linkfest. Here's a few fascinating series of Real Estate related maps :

Collateral Risk


Home Prices

Foreclosure ActivityForeclosure_activity

Note that these are a product of integrating Google Maps with housing and population data.


Two footnotes from Neighboreroo:

Collateral Risk Index is a unique way of measuring investment risk in local real estate markets. When reviewing home loan applications, lending institutions not only look at the borrower’s finances and the property’s value, they evaluate risk and volatility in the property’s neighborhood. The index accounts for property and neighborhood characteristics, as well as local market trends, flipping, fraud and default activity. The lower risk scores in a lot of the areas may be positive news relative to future distressed markets. Employment, the economy, interest rates and the conversion of fixed to adjustable mortgages all affect the risk of defaults and foreclosures, but mortgage lenders are being more careful about the loans that they are making now.

Foreclosure Rate measures the number of residential properties that have gone into foreclosure during the previous three years at the neighborhood level and then the percentages are consolidated to reflect the distressed property activity at the zip code level. Foreclosure is the legal proceeding in which a bank or other secured creditor sells or repossesses a parcel of real property due to the owner's failure to comply with an agreement between the lender and borrower called a “mortgage” or "deed of trust”. Commonly, the violation of the mortgage is a default in payment of a promissory note, secured by a lien on the property.

Tuesday, February 20, 2007 | 10:32 AM | Permalink | Comments (16) | TrackBack (0) add to | digg digg this! | technorati add to technorati | email email this post



TrackBack URL for this entry:

Listed below are links to weblogs that reference More fun with Real Estate Maps:


Nice catch on finding Neighboroo-- it's a cool site (as is zillow, for those who haven't seen that one).

I wish Neighboroo added one or two levels of "zoom", though. I suppose they do not do so by choice; knowing how much money your next door neighbor makes might raise privacy concerns.

Posted by: Tom Barta | Feb 20, 2007 10:51:59 AM

The comments to this entry are closed.

Recent Posts

December 2008
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      


Complete Archives List



Category Cloud

On the Nightstand

On the Nightstand

 Subscribe in a reader

Get The Big Picture!
Enter your email address:

Read our privacy policy

Essays & Effluvia

The Apprenticed Investor

Apprenticed Investor

About Me

About Me
email me

Favorite Posts

Tools and Feeds

AddThis Social Bookmark Button

Add to Google Reader or Homepage

Subscribe to The Big Picture

Powered by FeedBurner

Add to Technorati Favorites


My Wishlist

Worth Perusing

Worth Perusing

mp3s Spinning

MP3s Spinning

My Photo



Odds & Ends

Site by Moxie Design Studios™