CCIM 102, Module 2
3 Types of Data Needed to Complete Market Analysis - answer Market Data
Property Data
Financial Data
Types of Real Estate Market Data - answer Demographic
Economic
Lifestyle
Demographic Data Includes - answer Age
Race
Sex
Education
Occupation
Household Income
Tenure
Own or Rent
Employment Characteristics - answerWorkforce Characteristics : attributes that describe
the workforce including percentage of population that's employed, education levels, and
skills in existing workforce
Type of Employment : kind of work performed (I.e. executive, professional,
manufacturing, etc)
Total Employment: total amount of employers, employees, and total earnings in a
specified area
Lifestyle Characteristics - answerRecreational Opportunity
Intellectual and Educational Opportunity
Cultural Trends and Values : I.e artists in an old inexpensive neighborhood
Census Block - answersmallest geographic entity for which census data are available.
May be as small as a city block, but in less densely populated areas can be much larger
Census Block Group - answerA subdivision of census tracts, each representing 250-350
housing units
Census Tracts - answerSmall, permanent subdivision of a county with homogenous
population characteristics and living conditions
Core Based Statistical Areas (CBSA) - answerRefers to a region based around an
urban center of at least 10,000 people
3 Types of Data Needed to Complete Market Analysis - answer Market Data
Property Data
Financial Data
Types of Real Estate Market Data - answer Demographic
Economic
Lifestyle
Demographic Data Includes - answer Age
Race
Sex
Education
Occupation
Household Income
Tenure
Own or Rent
Employment Characteristics - answerWorkforce Characteristics : attributes that describe
the workforce including percentage of population that's employed, education levels, and
skills in existing workforce
Type of Employment : kind of work performed (I.e. executive, professional,
manufacturing, etc)
Total Employment: total amount of employers, employees, and total earnings in a
specified area
Lifestyle Characteristics - answerRecreational Opportunity
Intellectual and Educational Opportunity
Cultural Trends and Values : I.e artists in an old inexpensive neighborhood
Census Block - answersmallest geographic entity for which census data are available.
May be as small as a city block, but in less densely populated areas can be much larger
Census Block Group - answerA subdivision of census tracts, each representing 250-350
housing units
Census Tracts - answerSmall, permanent subdivision of a county with homogenous
population characteristics and living conditions
Core Based Statistical Areas (CBSA) - answerRefers to a region based around an
urban center of at least 10,000 people
