Domonic Purviance
Residential Real Estate ExpertDomonic Purviance is a subject matter expert with the Atlanta Fed's Supervision and Regulation Division. In this role, he is primarily responsible for conducting an ongoing assessment of risks associated with residential real estate markets and the potential effects they may pose to the financial system. This includes analyzing conditions within individual markets and the effects of external forces on real estate.
Purviance is also responsible for developing real estate-related analytical reports and tools used internally by the Federal Reserve System to aid in risk surveillance and banking supervision, and external tools such as the Home Ownership Affordability Monitor (HOAM). He also frequently engages in public outreach on the Fed's behalf by speaking at conferences and events and contributes commentary to the Beige Book.
Before joining the Fed, Purviance was president of Market Advisory Services LLC, a research and consulting firm that provides analytics for developers, homebuilders, and lenders to assist in property valuations and to help assess the viability of submarkets for new development. He also was a senior consultant at Metrostudy, a residential real estate research company, where he was responsible for the firm's consulting operations in the Atlanta region.
Purviance received his BA in urban planning from Morehouse College and his masters in city and regional planning from Georgia Tech.