Maxfield Research Inc.provides marketing analysis for projects that are under-performing or experiencing leasing difficulties. These studies typically highlight management or marketing shortcomings, and provide specific recommendations for improvement.
In response to a need expressed by city and county governments,Maxfield Research Inc. developed the comprehensive housing needs analysis. This analysis was designed to provide government entities with assistance in planning for growth, redevelopment and future housing needs. These documents have been utilized in the planning process, to solicit interest from the private development community in undertaking specific projects, to obtain financial support, grants and other types of funding, and to partner with the private development community on joint ventures.
The Comprehensive Housing Analysis reviews growth trends and identifies demographic characteristics of a community’s household base. It provides a comprehensive inventory of for-sale and rental product and developments in the pipeline. It solicits community input through interviews with local officials, key community leaders, business owners and citizens. It provides detailed calculations on housing demand and recommends specific housing products to meet those demands. These studies may encompass the broadest spectrum of housing needs including ownership and rental products in addition to housing that serves special needs populations.
Calculations are typically provided for a period of between five and ten years although other increments may be requested.
Specific information incorporated within these studies include:
Identification of a Housing Draw Area
Analysis of Growth Trends and Demographic Characteristics
Analysis of Housing Characteristics
Interviews with Major Employers
Inventory of Housing Lots
Inventory of Rental Product
Residential and Commercial Construction Trends
Interviews with City officials, real estate sales agents, homebuilders
Once the data is gathered, Maxfield Research Inc. proceeds with a rigorous analysis of the information to develop recommendations appropriate for an individual community’s needs. This type of analysis enables communities to be proactive in identifying and assisting with the housing needs in their community.
Comprehensive Multifamily Housing Needs Analysis for Roseville, Minnesota
Housing Needs Assessment for Dry Creek Rancheria Band of Pomo Indians’
Comprehensive Housing Study for Lake County, Minnesota