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Jed Kolko
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Dr. Jed Kolko is the Chief Economist at Trulia where he leads the company’s housing research and provides insights on market trends and public policy. Focusing on where the market is today and where it is headed tomorrow, Jed aims to shed light on how the future of real estate will evolve – from where people want to live to the types of homes that they want to live in, all the way down to the neighborhood amenities that are most important to them and their families. Additionally, in his role at the fastest growing online real estate resource, he also advises the development of Trulia Estimates and works to create new derivatives of Trulia’s data to help more consumers make smarter decisions about where they want to live.

Jed was formerly an associate director of research and research fellow at the Public Policy Institute of California. In this role, he published policy studies and academic articles on economic development, land use and housing policy, advised policymakers and business groups, and testified at public hearings. Previously, he was vice president and research director of Forrester Research’s market-research practice focusing on consumer technology adoption and demand. He has also worked at the Office of Federal Housing Enterprise Oversight (now known as the Federal Housing Finance Agency), the World Bank, and the Progressive Policy Institute. Jed earned his Ph.D in Economics and his A.B. in Social Studies from Harvard University.

Entries by Jed Kolko

Unless Mortgage Rates Hit 10.5 Percent, Buying Still Cheaper Than Renting

(1) Comments | Posted June 14, 2013 | 5:38 PM

The recent rise in mortgage rates has made buying a house a little more expensive: the increase in the 30-year fixed rate over the past month from 3.4 percent to 3.9 percent (Freddie Mac) raised the monthly payment on a $200,000 mortgage by $56, or 6 percent. However, because...

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Mapping the History of American Homes, One Decade at a Time

(1) Comments | Posted May 6, 2013 | 10:34 AM

Would you rather have a newly-built home or a piece of local history? Across America today, you can find homes for sale that were built as long ago as the 19th century or as recently as yesterday. There's no mistaking a 1920s Dutch colonial, a 1970s A-frame, or a 2000s...

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Have a Real Estate Regret? You're Not Alone: 52 Percent of Americans Agree

(1) Comments | Posted April 23, 2013 | 12:47 PM

Spring house-hunting season is upon us. Home searches peak in March and April, and this year the search is especially frantic as inventory is near a 12-year low. Many homes don't stay on the market for long, so buyers will have to move fast -- especially in markets with...

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Want to Live Near San Francisco's AT&T Park or Boston's Fenway Park? It'll Cost You

(0) Comments | Posted March 29, 2013 | 11:44 AM

Baseball's 2013 season begins Sunday night, when the Texas Rangers go to Houston to take on the Astros. Most other teams kick off the season on Monday. To mark the annual start of America's national pastime, we looked at home prices in the neighborhoods near major-league stadiums.

If you...

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America's Most Irish Towns

(297) Comments | Posted March 16, 2013 | 7:00 AM

On St. Patrick's Day, everyone is Irish. But what about the rest of the year?

Twenty-two million Americans -- 7.2% of the population -- say their "primary ancestry" is Irish, according to the Census's American Community Survey. Another 13.5 million Americans claim at least some Irish ancestry, bringing...

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Jobs Aren't Leaving California for Texas -- But People Are

(48) Comments | Posted February 14, 2013 | 1:55 PM

A constant debate in California politics is whether jobs and people are leaving the state. This week, in fact, Texas Governor Rick Perry is in California, trying to lure businesses to his state. He won't have much luck because jobs rarely move: In a typical year, just 25,000 jobs...

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Is Your Housing Market Booming, Rebounding, Humming or Struggling?

(1) Comments | Posted February 13, 2013 | 3:22 PM

The Trulia Price Monitor and the Trulia Rent Monitor are the earliest leading indicators of how asking prices and rents are trending nationally and locally. They adjust for the changing mix of listed homes and therefore show what's really happening to asking prices and rents. Because asking prices...

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Looking for Love? Where You Live Can Help Your Odds

(46) Comments | Posted February 13, 2013 | 11:24 AM

In Washington, D.C., women often complain about the lack of available men. On the other hand, San Jose has earned the moniker "Man Jose" for having too few available women for the men of Silicon Valley. But is it fact or fiction? In love, as with real estate, it's better...

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It's Peak Season for Real Estate ... Somewhere

(0) Comments | Posted January 30, 2013 | 3:58 PM

As winter's end approaches, the housing market wakes up. All key measures of housing activity -- searches, prices, starts, sales, and inventories -- typically hit their annual lows in December or January. Each year, would-be buyers come out of hibernation first: search behavior starts to pick up in January,...

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Trulia Housing Barometer Says Market Now 52 Percent Back to 'Normal'

(0) Comments | Posted January 30, 2013 | 3:33 PM

Each month, Trulia's Housing Barometer charts how quickly the housing market is moving back to "normal." We summarize three key housing market indicators: construction starts (Census), existing home sales (NAR), and the delinquency-plus-foreclosure rate (LPS First Look). For each indicator, we compare this month's...

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Real Estate Discounts Just Got Harder to Find

(0) Comments | Posted January 24, 2013 | 4:51 PM

Now is the bargain real estate season: asking home prices typically hit their seasonal low point from November through January. This winter, however, markdowns are harder to find. Among all non-foreclosure homes for sale on Trulia, in early January, 33.6 percent of homes were priced lower than their...

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2012's Construction Rebound: Behind the Façade

(1) Comments | Posted January 18, 2013 | 11:21 AM

On January 17, the Census reported that there were 708,000 new housing starts in 2012, a 28 percent increase over 2011 and the highest level since 2008. (Census also reported that the seasonally adjusted annualized rate for December was 954,000.) However, construction activity is still far...

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2013's Healthiest Housing Markets

(0) Comments | Posted January 10, 2013 | 2:49 PM

Along with our take on what's in and what's out for housing in 2013, I've got my eye on 10 "healthy" housing markets with solid fundamentals. The healthy markets that made the list have strong job growth (Bureau of Labor Statistics), which bodes well for housing demand;...

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Best Places to Live if You Want to Lose Weight

(137) Comments | Posted January 10, 2013 | 9:00 AM

It's been a long holiday season of sugared bacon and brown-butter cookies. Now begins the January push to lose weight -- the number one New Year's resolution. Weight loss isn't only about willpower. Your environment matters too: Cheap food, suburban sprawl, and long commutes all contribute to America's...

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Las Vegas and Seattle Named 2012's Top Turnaround Housing Markets

(0) Comments | Posted January 9, 2013 | 2:08 PM

The Trulia Price Monitor and the Trulia Rent Monitor are the earliest leading indicators of how asking prices and rents are trending nationally and locally. They adjust for the changing mix of listed homes and therefore show what's really happening to asking prices and rents. Because asking prices lead...

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Housing 2013: What's In, What's Out

(1) Comments | Posted December 20, 2012 | 2:33 PM

One year ago, I wrote: "Even the best possible 2012 won't get us halfway back toward normal." That turns out to be true, but barely. The latest Trulia Housing Barometer, for October, showed us that the market is 47 percent back to normal. And this year, we launched...

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Asking Price Gains Accelerate in November, Supassing Rent Increases in Denver, Seattle and San Francisco

(0) Comments | Posted December 11, 2012 | 2:59 PM

The Trulia Price Monitor and the Trulia Rent Monitor are the earliest leading indicators of how asking prices and rents are trending nationally and locally. They adjust for the changing mix of listed homes and therefore show what's really happening to asking prices and rents. Because asking prices...

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Housing Market Recovery Accelerating, Now 47 Percent Back to Normal

(1) Comments | Posted December 6, 2012 | 11:24 AM

Each month, Trulia's Housing Barometer charts how quickly the housing market is moving back to "normal."  We summarize three key housing market indicators: construction starts (Census), existing-home sales (NAR), and the delinquency + foreclosure rate (LPS First Look). For each indicator, we compare this...

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Finding Diversity in America

(0) Comments | Posted November 26, 2012 | 10:56 AM

Abraham Lincoln proclaimed Thanksgiving a national holiday during the Civil War, in an attempt to restore peace and unity to the United States. In today's diverse America, Thanksgiving remains widely celebrated and crosses religious, racial, and ethnic lines (though some Native Americans consider Thanksgiving a Day of Mourning), with...

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Your Home's Lucky Number

(0) Comments | Posted November 19, 2012 | 2:00 PM

What tricks do sellers and their agents use when setting the price of a home? To find out, we looked at the asking prices of homes for sale on Trulia since October 2011, excluding foreclosures, to see whether certain numbers show up in home prices more than others....

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