Market Research and Consulting
Residential Strategies, Inc. prepares custom market research for subscribers and non-subscribers alike. Types of studies prepared routinely by Residential Strategies include:
- Custom Market Studies
- Special District Use Studies
- Retail Market Studies
- Homebuyer and Product Surveys
- Individual Development Project Consultation
- Special Market Data Reports
Custom Market Studies
Elements of a typical Custom Market Study:
- History of market activity
- Competition analysis
- Comparable lot / home prices
- Identification of future competition
- Community marketing and amenity recommendations
- Pricing recommendations
- Absorption forecasts
Special District Use Studies
Residential Strategies, Inc. routinely performs the Single Family Housing Market Demand Analysis that is required by the TCEQ or the applicable County Commissioner’s Court to create a special use district. These districts include Municipal Utility Districts (MUD), Freshwater Supply Districts (FWSD), Water Control and Improvement Districts (WCID) and many more. These reports are most often included with the application to create a district, or the reports are included with the application to sell bonds for the district.
Retail Market Studies
Residential Strategies, Inc. has developed a one-of-a-kind forecasting database that creates site specific reports utilizing RSI’s most current housing data – updated every 90 days. RSI’s housing growth reports have become the essential tools for many area retail developers to ensure the most accurate current and future household projections.
For each site, RSI prepares a customized Household Formation Report and Subdivision Aerial based on current and planned single-family and multi-family developments. These, combined with MapInfo based demographic reports and maps, are essential tools in any retail marketing effort.
RSI is recognized as DFW’s leading expert in the new home industry. This expertise, when combined with RSI’s unique forecasting database, will provide you and your clients with the most accurate household forecasts available in the market today.
Homebuyer and Product Surveys
Residential Strategies, Inc. has conducted numerous new homebuyer and product surveys. Common objectives include identifying demographics of prospective buyers in specific market areas and further determining types of new home product as well as attitudes and preferences of new housing communities that would be most desirable for buyers in the market area. The surveys are prepared in a mail-out questionnaire format.
Individual Development Project Consultation
In lieu of a written Custom Market Study, RSI consultants are available to conduct individualized consulting sessions to review and make recommendations regarding potential developments. If required, RSI can formulate specific consulting programs to meet a client’s needs.
Specific Market Data Reports
Residential Strategies, Inc. can provide you with up-to-date data reports based on a specific market area. These reports include the following:
- Price Range Analysis
- Lot Size Analysis
- Builder Analysis
- Subdivision Section Detail
- Aerial Map Pages
Additionally, RSI routinely prepares customized 2-4 page summaries of a specific market area; to include the most active comparable properties and identification of future competition.