Title
Predictive modeling of surveyed property conditions and vacancy
Date Issued
07 June 2017
Access level
open access
Resource Type
conference paper
Author(s)
Martin H.
Whitaker S.D.
Oduro I.
Johnson É.
Urban A.H.
Case Western Reserve University
Publisher(s)
Association for Computing Machinery
Abstract
Using the results of a comprehensive in-person survey of properties in Cleveland, Ohio, we €t predictive models of vacancy and property conditions. We draw predictor variables from administrative data that is available in most jurisdictions such as deed recordings, tax assessor's property characteristics, and foreclosure €lings. Using logistic regression and machine learning methods we are able to make reasonably accurate out-of-sample predictions. Our €ndings indicate that housing professionals could use administrative data and predictive models to identify distressed properties between surveys or among non-surveyed properties in an area subject to a random sample survey.
Start page
358
End page
367
Volume
Part F128275
Language
English
OCDE Knowledge area
Economía, Negocios
Scopus EID
2-s2.0-85023613138
ISBN of the container
9781450353175
Conference
ACM International Conference Proceeding Series
Sources of information: Directorio de Producción Científica Scopus