Tag Archive for: rural housing data

Rural Voices: Understanding Your Market

Rural Voices: Demystifying Rural Data: Do You Know Your Market?

It’s been said that oil was the most valuable resource of the 20th Century, but in the 21st Century data is now arguably the most important resource. Quality data and research are increasingly essential to any business, including mission-oriented organizations. Data and information have proliferated due to AI and other resources, but quality data are still often more difficult to access in rural communities.

Data resources are also ever-changing with advances in technology and methodologies almost daily. Rural America is changing too. There are 60.4 million people living in rural America today. Rural communities are more diverse than ever and HAC’s recent Taking Stock report revealed several important trends across rural areas over the past five decades. Understanding demographic, economic, and housing dynamics is essential for communities, local governments, organizations, advocates, and individuals looking to expand their capacities, utilize available resources, and share information with the people they serve.

The ‘Rural Voices’ in this issue include experts, practitioners, policymakers, and community-based organizations across the nation seeking to expand access to quality data and information for rural America. They share tools, processes, and how to manage a rapidly changing information landscape. HAC hopes this issue of Rural Voices can illuminate how access to data, resources, and innovations can better enable solid decisions, strategies, and solutions for rural communities across the nation.

Rural Voices: Understanding Your Market

Contents


VIEW FROM WASHINGTON

Everybody Counts
by Robert Santos

The Census Bureau Director shares his insights on the importance of Census data and resources that can assist local communities.

FEATURES

For Good (and Bad), Artificial Intelligence (AI) Is Now a Reality in Housing
by Kristen Klurfield and Emma Waters

5 Ways AI Can Help Boost Housing Supply and Affordability.

Empowering Rural Communities
by Nicole Opfer

The Housing Assistance Council’s Approach to Data Driven Decision Making.

Revitalizing Communities Through Strategic Housing Planning
by Maggie Leftwich & DeWayne Ennis

Two Rural Communities Use Data and Analysis to Inform Housing Strategies and Solutions.

Illuminating Rural and Tribal Lending Landscapes
by Jason Richardson

Insights from the Home Mortgage Disclosure Act Data.

Using Information on Disaster Risk, Insurance, and Community Planning
by Michael Craig

Each year, thousands of communities across the country experience natural disasters and unpredictable weather.



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Rural Home-Purchase Loans Grow at Faster Rate Than Urban

by Keith Wiley

The number of rural loan applications fell last year because of a big decline in refinancing. But loan applications for home purchases grew by nearly 7 percent, even higher than the national increase. Also on the rise in rural areas were higher-interest loans, which are especially common for manufactured housing purchases.

Read the Complete blog post at The Daily Yonder

by Keith Wiley

The number of rural loan applications fell last year because of a big decline in refinancing. But loan applications for home purchases grew by nearly 7 percent, even higher than the national increase. Also on the rise in rural areas were higher-interest loans, which are especially common for manufactured housing purchases.

Recently released data from the Home Mortgage Disclosure Act (HMDA) signals a changing home finance market across the nation and rural America too. The 2015 HMDA figures, which reflect calendar year 2014 mortgage lending applications, show a substantial nationwide decline in overall mortgage activity. In fact, the total number of HMDA reported loan records in 2014 was the lowest level in the past 17 years.

Read the Complete blog post at The Daily Yonder

The Rural Data Portal

Quality data for rural areas can be limited and hard to find. To address this concern, HAC developed the Rural Data Portal to provide rural communities with a user-friendly tool to gain information about the places where they live and work.

Quality data for rural areas can be limited and hard to find. To address this concern, HAC developed the Rural Data Portal this year to help communities better understand and document needs and conditions. The Rural Data Portal is an online resource that provides social, economic, and housing characteristics of communities across the United States using data from HAC tabulations of the 2010 Census of Population and Housing, the American Community Survey (ACS), and Home Mortgage Disclosure Act Data.

ima-best-in-class-award

The Rural Data Portal was awarded the “Best in Class” Interactive Media Award in the nonprofit websites category for 2013 by the Interactive Media Council.

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Access the Rural Data Portal

Winter 2012 – 13: Taking Stock of Housing in Your Community

The winter 2012 – 13 issue of Rural Voices, Taking Stock of Housing in Your Community, is now available for download from the Housing Assistance Council. This issue includes information about the data resources available for rural community devlopers and advocates to document housing needs in their communities and make their case to policy makers.

View from Washington

Erika Poethig, Acting Assistant Secretary
U.S. Department of Housing and Urban Development, Policy Development and Research

FEATURES

Developing a Statistical Portrait of your Community
by Arthur Cresce, The U.S. Census Bureau
Using the Census Bureau’s American Community Survey

What is Rural?
by the Housing Assistance Council
A question that matters

Information on What Banks Are Doing in Your Community
by John Taylor, National Community Reinvesment Corporation
Getting the Most from Home Mortgage Disclosure Act (HMDA) Data

Data Resources for Rural Communities
A Visual Guide to Selected Data and Information Sources

Q&A with John Cromartie
Rural Voices
sat down with John Cromartie, Senior Geographer at USDA’s Economic Research Service, to discuss demographic trends and data for rural areas

The National Housing Preservation Database
by Megan Bolton, National Low-Income Housing Coalition
A long awaited national database of federally-assisted housing can make the case for affordable housing preservation

Share your Story

Rural Voices is curious to hear your stories of how you have used data to further your work in your community. Do you have a story from your own community to share on this subject? Please share your story on Facebook, LinkedIn, or Twitter and help demonstrate the importance of accurate data for rural communities across the country.