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Population and household
estimates are based on year-to-year calculations by age
group from 1990 to 2015. The general methodology follows
standard HUD FHA techniques of
housing market analysis (Short narrative on
full document) correlating
changes in jobs, people, households, and housing units
at the county level. Headship rates by age and tenure
(owner and renter) are applied to a changing age
distribution over the 25-year period. Migration by age
group is factored into these calculations for each
market.
Detailed demand estimates by sales price and rent levels
in a particular local market are available. Sub-county
estimates (typically groups of census tracts or zip
codes) are derived from county control totals.
The housing requirements of seniors are calculated as a
specialized segment of the overall housing market. As a
result, the demand estimates for rental housing, sales
housing, and seniors housing are internally consistent.
To view or download the entire document "HUD FHA Techniques
of Housing Market Analysis"click here (19 MB PDF).
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