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Market Analysis Jefferson County Report

Market Analysis Jefferson County Report

Description

You will conduct a market analysis and produce a written report. You will make a recommendation
on whether your county is ideal for real estate investment. Your written report should be 6 – 9
pages.

Market Analysis Project Outline
1 Historical Background for the county (1 – 2 pages)
o Population (4 points)
? What percentage of the population is 65 years of age or older?
? How many total households are there?
? What percentage of those households are families?
? What percentage of those households are families with children?
? What is the average household size in owner-occupied housing units?
? What is the average household size in renter units?
o Economic Characteristics (4 points)
? What is the median household income?
? What is the mean household income?
? What is the largest industry of employment other than retail?
? What is the latest annual count of total nonfarm employment? How much
has this count changed from the previous year?
? What is the employment in residential property management (NAICS
531311)?
o Migration (4 points)

? What percentage of the population lived in a household that was in the
same house a year earlier? (You will need to deduce this percentage from
available data.)
? How much does this percentage differ between owner and rental
households?
o Housing (4 points)
? How many occupied housing units are there?
? What percentage of occupied housing units are owner occupied?
? What percentage of owner-occupied housing units have a mortgage?
? What percentage of housing units were built in 2000 or later?
? What percentage of housing units are detached?
? What percentage of owner households have a monthly housing cost that is
35 percent of income or greater?
? What percentage of renter households have a monthly gross rent that is 35
percent of income or greater?
o Mortgages (4 points)
? What is the median value of owner-occupied housing units with a
mortgage?
? Examine the monthly housing cost by income. At each level of household
income, what percentage of the households have housing costs of 30
percent or more?
2 Evaluation of Current Market (2 – 3 pages)
o County/City (12 points)
? Where is this county within the state (include a state map that highlights
your selected county)?
? Where is the county seat and what is the largest city in the county?
? County/city comprehensive plan
? Zoning map and list of zoning classifications
? Permitting/zoning procedures
o Zip Code (6 points)
? Number of residential listings available in this zip code
? What is the price range of listings for this zip code?
? Number of listings in this zip code that have video tours available
o Representative property (12 points)
? Property description
? Area of the parcel
? Map of the parcel
? Photos
? Zestimate

3 Recommendations (3 – 4 pages)
o Is this county a good candidate for investment? Why or why not? (40 points)
? Commercial?
? Residential?

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Our Service Charter

1. Professional & Expert Writers: Writing Expert only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Writing Expert are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Writing Expert is known for timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Writing Expert, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.