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COVER STORY
INDUSTRY INSIGHT
The
Rate
Impact
BEST PRACTICES
POINT— COUNTERPOINT
Mortgage rates jumped
to two-year highs in
July, and the sudden
ascension has spectators
concerned about the
impact on consumer
demand and the recovery.
With Jed Kolko
and John Burns
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C
O
N
T
Jed Kolko is chief economist and head of analytics
for Trulia. He applies a background in economic
development and research methods to transform
real estate data, economic trends, and public policy
debate into digestible insights for homebuyers,
sellers, and renters. He was previously associate
director and research fellow at the Public Policy
Institute of California (PPIC) where he advised policymakers and
business leaders. Before his work at PPIC, he held positions with
Forrester Research, the Office of Federal Housing Enterprise Oversight,
the World Bank, and the Progressive Policy Institute. He earned his
A.B. in social studies and his Ph.D. in economics at Harvard University.
R
I
B
U
T
O
R
S
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John Burns is president and CEO of John
Burns Real Estate Consulting, LLC. He and
his team advise executives all over the country on
strategic planning, market research, due diligence,
and valuations, analyzing and summarizing the
information clients need to make major real estate
decisions with more confidence. The company is on
retainer with many of the largest firms in the real estate and investment
industries. Burns himself has more than 20 years' real estate consulting
experience. He started his career in 1985 as a certified public accountant
after earning his undergraduate degree from Stanford University and his
M.B.A. from the University of California, Los Angeles.
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