[et_pb_section fb_built=”1″ custom_padding_last_edited=”on|phone” _builder_version=”4.27.4″ _module_preset=”default” width=”100%” module_alignment=”center” custom_padding=”20px|0px|20px|30px|false|false” custom_padding_tablet=”|10px||30px|false|false” custom_padding_phone=”|0px||20px|false|false” global_colors_info=”{}”][et_pb_row use_custom_gutter=”on” gutter_width=”1″ _builder_version=”4.27.4″ _module_preset=”default” width=”100%” custom_padding=”0px|0px|0px|0px|false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.27.4″ _module_preset=”default” custom_padding=”|20px||0px|false|false” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.4″ _dynamic_attributes=”content” _module_preset=”default” text_font=”Roboto|500|||||||” text_text_color=”#333333″ text_font_size=”30px” header_font=”Roboto||||||||” header_text_color=”#000000″ custom_margin=”||1px|||” header_font_size_tablet=”” header_font_size_phone=”24px” header_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n
@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF90aXRsZSIsInNldHRpbmdzIjp7ImJlZm9yZSI6IiIsImFmdGVyIjoiIn19@<\/p>\n
[\/et_pb_text][et_pb_post_title title=”off” author=”off” categories=”off” featured_image=”off” _builder_version=”4.27.4″ _module_preset=”default” meta_font=”Roboto||||||||” meta_text_align=”left” meta_text_color=”#000000″ meta_font_size=”15px” custom_margin=”||-3px|||” custom_padding=”15px||10px||false|false” global_colors_info=”{}”][\/et_pb_post_title][et_pb_image src=”https:\/\/www.masteryace.com\/sites\/realestate\/wp-content\/uploads\/2025\/02\/new-1572747_640.jpg” title_text=”new-1572747_640″ _builder_version=”4.27.4″ _module_preset=”default” width=”100%” max_width=”100%” module_alignment=”center” custom_padding=”|1px|4px|||” hover_enabled=”0″ global_colors_info=”{}” align=”center” sticky_enabled=”0″][\/et_pb_image][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_font=”Roboto||||||||” text_text_color=”#7a7a7a” text_font_size=”15px” custom_padding=”20px||20px||false|false” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n
Demographics and population trends influence almost every decision in modern life, from business planning to healthcare provisions, from education needs to fashion and style. Age, ethnicity, gender, income, mobility, employment, geography and other demographic factors determine the shape of our society.<\/p>\n
Real estate is no less affected by the ebbs and flows of demographic trends, particularly income, aging, family situations and employment. Consider a real estate broker, whose livelihood depends on people changing homes. Economic mobility is a key determinant in the future of his business, as is the economic health of the region.<\/p>\n
\u201cI look to see how fast the economy is growing, and how many jobs are likely to be created as a result, to determine the resources my business will need over the next five years,\u201d says Terry Denoux, a Bend, Oregon, real estate broker.<\/p>\n
Development planning relies even more on demographic data to determine priorities. The average age of the population is a major factor in the type of housing that will be required over the next couple decades.<\/p>\n
\u201cA young population in an area will require more single family homes with multiple bedrooms and plenty of space for children to run,\u201d explains Wendy Cobrda of Catosphere, a demographic data reporting company. \u201cOn the other hand, an aging population will need more hospitals, more medical clinics, more housing that requires minimal maintenance.\u201d<\/p>\n
For investors, the stakes are just as high. Investing in commercial real estate, for example requires the ability to forecast where there will be a growing population, and\/or where the population\u2019s average income will be increasing.<\/p>\n
In fact, commercial property investment requires a deeper understanding of demographic data; it is not just the population trends that need to be considered, but the demographics of the competition. And even those cannot follow a set formula.<\/p>\n
For instance, an entrepreneur looking to set up a new car dealership needs to consider where established dealerships are located and set up shop nearby. Car buyers wanting to compare similar models need to visit several dealerships, so they need to be close to one another.<\/p>\n
On the other hand, an entrepreneur looking to set up a new hardware store, should look for an area underserved by the competition or where new residential developments will be opening up. Hardware shoppers can compare brands of similar tools within the same store, so ease of access takes on a greater importance.<\/p>\n
On the topic of ease-of-access, road traffic patterns can also make or break an investment, especially near busy intersections in competitive markets. The demographics of traffic can add to the complexity of making a commercial real estate investment.<\/p>\n
Understanding where to invest in retail properties is one of the main reasons that demographic mapping is such a popular service, Wendy Cobrda explains. \u201cTo visually see the movement of people and their spending dollars helps businesses \u2018see\u2019 where they should open their next store.\u201d<\/p>\n
Demographic data plays a role in vacation rental real estate, too. \u201cDo you buy vacation rental properties, or do you sell the ones you have now?\u201d asks Steve Curtis, owner of FabVillas, a website listing vacation rental properties in Florida. \u201cWell, that depends on how much disposable income people have for vacations and, more importantly, on the age of the population. A younger person is more likely to backpack through Europe, and stay at a hostel. An older person in more interested in comfort and privacy, which is what vacation rental properties offer.\u201d<\/p>\n
It also depends on where populations are growing more, as well as where the affluence is growing. If an economic boom is happening in England and France, but not in the USA and Canada, a vacation rental in Spain might prove more useful than on the Gulf Coast of Texas.<\/p>\n
\u201cBusiness planning is just a shot in the dark without solid market data,\u201d explains Ms. Cobrda. \u201cDemographic data reports and maps help businesses project market activity into the future, helping to avoid such catastrophes as building stores with no customers or storing a few million dollars of inventory that nobody wants.\u201d<\/p>\n
Given the high stakes of real estate investment, whether in residential, commercial or vacation rental properties, demographic data reports and market segmentation data are even more important.<\/p>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"
Real Estate…<\/p>\n","protected":false},"author":1,"featured_media":1268,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[25],"tags":[],"class_list":["post-369","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ready-for-real-estate"],"_links":{"self":[{"href":"https:\/\/www.masteryace.com\/sites\/realestate\/wp-json\/wp\/v2\/posts\/369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.masteryace.com\/sites\/realestate\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.masteryace.com\/sites\/realestate\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.masteryace.com\/sites\/realestate\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.masteryace.com\/sites\/realestate\/wp-json\/wp\/v2\/comments?post=369"}],"version-history":[{"count":23,"href":"https:\/\/www.masteryace.com\/sites\/realestate\/wp-json\/wp\/v2\/posts\/369\/revisions"}],"predecessor-version":[{"id":1269,"href":"https:\/\/www.masteryace.com\/sites\/realestate\/wp-json\/wp\/v2\/posts\/369\/revisions\/1269"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.masteryace.com\/sites\/realestate\/wp-json\/wp\/v2\/media\/1268"}],"wp:attachment":[{"href":"https:\/\/www.masteryace.com\/sites\/realestate\/wp-json\/wp\/v2\/media?parent=369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.masteryace.com\/sites\/realestate\/wp-json\/wp\/v2\/categories?post=369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.masteryace.com\/sites\/realestate\/wp-json\/wp\/v2\/tags?post=369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}