Today, we’re thrilled to announce the appointment of Dr. Jed Kolko (@JedKolko) as our new chief economist. Leading the company’s housing research, he will translate economic trends, real estate data and public policies to help us provide even more vital insights to homebuyers, sellers and renters. Behind the scenes, he will also advise the development of Trulia Estimates and create new derivatives of Trulia’s data to help people make smarter decisions about where they want to live.
“Being a housing expert with a keen understanding of what matters most to consumers when it comes to buying a home, Jed brings a unique perspective of where the market is today and where it is headed tomorrow. At Trulia, he will analyze our proprietary search and listing data in order to help us shed light on how the future of real estate will evolve – from where people want to live to the type 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,” said Pete Flint, CEO and co-founder of Trulia. “Today, there are more than enough economists looking at the housing market with a short-term lens and I think we can all agree that most have not been able to predict when a recovery will happen, nor have they been successful in creating policies to will foster a long-term recovery. Moving away from this way of thinking, we believe Jed’s long-term point of view on housing issues is exactly what consumers need to help them understand the health of the economy in the long run rather than another short-term crystal ball prediction about the real estate market.”
Given the current state of the housing market, Jed aims to help people understand which trends really matter for where they live now and where they want to live in the future. To learn more about Jed’s take on why we need to think locally and take the long view on housing, check out his first blog post on Trulia Insights (where he’ll be a regular contributor). To learn more about Jed’s expertise and experience, check out the full press release announcing his hire.