March 29, 2016 1:30-3:30 p.m. ET
Before embarking on any real estate project a developer must first determine if demand exists for their product. Developers routinely engage professionals to conduct market studies to validate demand for their project. However, US Census data, along with other local data sources, can offer excellent preliminary insight into housing demand in a particular market. For those that know how to search, analyze, and interpret the data, it can be a valuable indicator that can help a smart developer determine which markets have demand for additional housing units.
Data from the Census is often perceived as stale, cumbersome, or difficult to navigate. This new ULI webinar will dispel these perceptions, demonstrating step-by-step where to find the data you need, and will demonstrate step-by-step basic techniques to help you analyze the supply and demand balance of an area.
David H. Farmer
Metro Forecasting Models
David H. Farmer, AICP, PE, CGC is a nationally recognized Professional Engineer and Certified City Planner with extensive experience in planning, civil engineering, real estate development and computer simulation modeling.
Farmer graduated from the University of Florida in 1996 with a degree in Civil Engineering. As a consulting engineer, he prepared Traffic Impact Studies, zoning applications, concurrency certificate applications and reports including engineering analysis of drainage, water supply and transportation circulation. A professional engineer, Farmer left the consulting engineering field in 2000 to work fulltime for a land development company overseeing the project planning, entitlement, design and construction of residential communities, resort facilities, and commercial projects. Subsequent to earning his Certified General Contractors license, he accepted the additional responsibility for the permitting and construction of custom homes as well site selection and land acquisition.
As the Operational Manager for Metro Forecasting Models Farmer coordinates with software designers/programmers, manages primary data collection and GIS professionals, manages historic census and current urban research and manages data entry personnel. He does extensive research of historic census data. Farmer is an expert in non-linear regression analysis and modeling to forecast population growth, its demographics, and related housing demand.
Farmer’s development experience, urban planning and engineering background provide extensive knowledge and expertise to Metro Forecasting Models. His mathematical skills and understanding of population growth drivers provide Metro Forecasting Models with the judgement necessary to interpret the implications of the scientific forecasts.
David is the former Chairman of the SW Florida District Council for the Urban Land Institute and is a National Instructor for the Urban Land Institute (ULI). He was appointed by Governor Scott to serve on the Big Cypress Basin Board of the SFWMD in 2011t