Small-Area Population Estimation in Absorption Analysis

Charles H. Heimsath
Additional contact information
Charles H. Heimsath: Capitol Market Research, Inc. 605 Brazos Street Austin, Texas 78701, http://www.arch.ukans.edu/urban/urban.htm

Journal of Real Estate Research, 1991, vol. 6, issue 3, 315-326

Abstract: In spite of a recognized need for market analysis in real estate appraisal, little attention has been given to the development of a small-area population forecasting model. This paper presents a systematic and localized approach for forecasting population as an integral part of a real estate absorption analysis. The model includes capacity constraints developed from a tract-specific environmental inventory. Historical growth patterns are adjusted to reflect the potential for continued development within a designated submarket. Future demand is calculated from population growth that considers both historical levels of activity and potential for development. The combined approach provides a defensible basis for forecasting absorption.

JEL-codes: L85 (search for similar items in EconPapers)
Date: 1991
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://pages.jh.edu/jrer/papers/pdf/past/vol06n03/v06p315.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jre:issued:v:6:n:3:1991:p:315-326

Ordering information: This journal article can be ordered from
Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323
http://pages.jh.edu/jrer/about/get.htm

Access Statistics for this article

Journal of Real Estate Research is currently edited by Dr. Ko Wang

More articles in Journal of Real Estate Research from American Real Estate Society American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323.
Bibliographic data for series maintained by JRER Graduate Assistant/Webmaster ().