Des Moines Real Estate Blog

Your Economist of Choice, Your Realtor of Choice

  • Adam Van Lin, Realtor
    Burnett Realty
    10200 Hickman Rd. #100
    Clive, Iowa 50325
    Cell 515.344.1068
    Fax 515.331.3401
    Licensed in Iowa

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Behind The Numbers

Transparency is good.  Here is a brief look into the details behind the statistics.  If you have comments, questions, or suggestions on the methodology of attaining my data, use the form below to e-mail me.  Thanks.

Statistic Source Explanation/Link
Home Prices Report MLXchange – Professional Realtor Software.  Available through Des Moines Area
Association of Realtors (DMAAR).
Home prices are figured using their 3 month moving average (ie.
Case-Schiller methodology).  Prices are not seasonally adjusted.   Yearly
growth rate determined by figuring out the monthly year over year percentage change, and averaging the most recent 12 months of data.
Employment Situation Report & Unemployment Rate Bureau of Labor Statistics http://data.bls.gov/timeseries/LAUMT19197804?data_tool=XgtableYearly growth rate determined by figuring out the monthly year over year
percentage change, and averaging  the
most recent 12 months of data.Data from Polk, Dallas, Guthrie, Madison, & Warren Counties
Cost of New Construction Bureau of Labor Statistics http://data.bls.gov/timeseries/PCUBRES–BRES–Yearly growth rate determined by figuring out the monthly year over year
percentage change.
Foreclosure & Delinquency Rates CoreLogic, Subscription Foreclosure Rate:  This measures the percentage of loans in some stage of foreclosure including 90+ delinquencies through properties sold at auction. This does not represent the number of new foreclosure filings as provided by other data companies, but rather the current stock, or inventory, of loans in the foreclosure process which offers a comprehensive view of foreclosure trends.90+ Day Delinquency Rate:  This measures the percentage of loans that are more than 90 days delinquent, including those in foreclosure and REO (real estate owned).
Building Permits U.S. Census http://censtats.census.gov/bldg/bldgprmt.shtml3 month average to smooth data.  Yearly growth rate determined by figuring out the monthly year over year percentage change, and averaging  the most recent 12 months of data.
Interest Rates Freddie Mac http://www.freddiemac.com/pmms/pmms30.htm
Iowa Leading Economic Indicators Iowa Department of Revenue http://www.iowa.gov/tax/taxlaw/econindicators.htmlThe Dept. of Revenue considers a contraction signal in the state leading indicators index reliable when two conditions are met:  1. the index
declines by at least two percent over a six month period(using an annual rate); and, 2. a majority of the individual components also decline over those six months (diffusion index).

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