TX 6.0 hours Understanding What Drives Demand for Real Estate Course Syllabus
6.0 Elective Hours
Learn the concepts related to how and why an urban area was formed and what factors influence its growth or decline. Using information from the U.S. Census Bureau you will gain the ability to make more informed projections about the future demand for real estate in your city and state.
Using the Department of Labor statistics you will learn the importance of the number of jobs created in base industries and how changes in employment influence the demand for real estate throughout the U.S.
By analyzing the four major types of real estate, residential, industrial, office and retail you will gain a deeper understanding of the development pattern of your city and the effect on demand for real estate in your marketplace.
You will discover in this course, that trends in population and employment have an effect on the supply and demand for all real types of real estate. With a better understanding of how cities and communities grow and decline, you will be better able to assist your clients, and yourself, in making decisions about investing in a home or a piece of investment real estate.