Lesson 15: Demographics, Boom-Bust Cycles and New Construction
October 25, 2018
Review:
- Gary Miller and Casey Edwards
- Careers in Real Estate
- Real Estate agency
- Mortgage Companies
- Title Companies
- Builders/Contractors
- Retirement with Real Estate investments
- Inventory and Absorption Rate
- National Association of Realtors Research and Statistics
- Pueblo Association of Realtors Monthly Report
- Careers in Real Estate
Presentation:
- Demographics
- United Nations Population Pyramids
- US Census Bureau
- 2014 US Population by Age
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- Pueblo Demographics
- Demographics Impact on Real Estate
- Spending on housing through a lifetime
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- Types of housing – single level
- Motivations for buying/selling
- Baby Boomers (1946-1964)
- Gen X (1965-1979)
- Millennial (1980-2000)
- Gen Z ? (after 2000)
- Demographics in Commercial/Retail Site Selection
- Customer Profile – age, gender, race, income, education
- Target Marketing
- Trade Area analysis
- Sales by geography
- Competitive analysis
- Supportable Stores Analysis
- Market Deployment Optimization
- Harry Dent
- Spending by age cohort
- Housing preferences by age cohort
- Economic forecasting using theories of cycles
- Publishes/Promotes Sensationalism
- Boom Bust Cycles in Real Estate
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- New Construction
- US data
- 1960
- pop 180M
- starts 1.25M
- rate 7.0 per thousand
- 1990
- pop 250M
- starts 1.19M
- rate 4.8 per thousand
- 2010
- pop 309M
- starts 587k
- rate 1.9 per thousand
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- 1960
- Pueblo data
- 1990
- pop 123k
- starts 191
- rate 1.55 per thousand
- 2010
- pop 160k
- starts 213
- rate 1.33 per thousand
- 1990
- US data
