Real Estate

ACTIVITY: Local Area Demographics & Data Research (Term Paper Part 3)

For this assignment, you will simply type your paragraphs into the text box . Type your contact information and then your two paragraphs.SCROLL DOWN TO THE END TO VIEW A SAMPLE ASSIGNMENT. I will provide the text book, please use and cite the book. The citation needs to match the book. Please answer all 10 question no. Plagiarism, no A I ,chat bots, please original work.

Instructions

Begin with your name, date, class, and textbook at the top of the paper. Select a specific city to research. Using demographic sources, compile data on that city. Then, write 2 paragraphs about Local Area Demographics & Data. Each paragraph must be at least 5 sentences long and include at least two citations (one page number from the textbook and one citation from a data source). Remember to include the section heading, “Local Area Demographics & Data”.

In the first paragraph, answer the following prompts in complete sentences based on pages 54-55 of the textbook and demographic data source (see below). Do NOT use numbering or bullet points and do NOT include these questions/prompts in your responses:

Identify Victorville, Ca you will research for the purposes of this report. Spell out the entire city name and state. Victorville, Ca

Report on the following demographics for Victorville. Be sure to list the year of the data, and spell out everything fully.

  1. Population and details
  2. Average Income (household and per capita)
  3. Family size and type/makeup
  4. Major employers / employment types
  5. Average home value

Cite your sources in the paragraph using APA format (see Purdue OWL link below). Insert the reference in APA format at the end of both paragraphs. In your term paper, this will be inserted on the References page.

In the second paragraph, answer the following prompts in complete sentences based on Chapter 5 of the textbook and a data source (see below). Do NOT use numbering or bullet points and do NOT include these questions/prompts in your responses:

Identify a major problem or issue in this local city. Select from one of the topics below, or you may discover a different topic (if so, please get instructor approval first):

  • Home Ownership Affordability in the High Desert (p. 278)
  • Commercial Property Development in the High Desert (Chapter 15)
  • New Home Construction in the High Desert (Chapter 15)
  • Student Housing in the High Desert (Chapter 15)
  • Homelessness in the High Desert (pp. 156 – 157)
  • High-Speed Train Rail from Apple Valley to Las Vegas (p. 164)

Research recent news articles and cite/reference the sources.

  1. Identify the problem you selected for your subject city.
  2. Why is this an issue? Explain the problem. Do NOT give any solutions (the solutions will be covered in a later activity).
  3. What are the effects of this issue?
  4. Examine how neighborhoods are affected by this problem.
  5. How has this issue influenced or changed the property values or the local real estate market?

Below the paragraphs, list your data sources as references. If you use any sources (other than your own original work), you MUST cite them in your paragraph, and reference them at the end.

Citations & References (APA Format)

Here’s how to cite your sources in-text (within the paragraph) and create an APA formatted reference:

Enter the website link into the field, “Cite your source automatically in APA” and walk through the process. In the last step, your reference is created for you.

Remember, when you use any sources (other than your own original work), you MUST cite them in your paragraph, and reference them at the end.

Data & Demographic Research Sources (for Paragraph 1)

  • Textbook, Chapter 2, Pages 54-55

Data and Statistics about the U.S.

U.S. Bureau of Labor Statistics

U.S. Census Bureau

NAR Housing Statistics

NAR Research and Statistics

Oxford Economics (data research)

Local News Sources (for Paragraph 2)

Victorville Daily Press

Hesperia Star

HD Daily News

Apple Valley News

San Bernardino American News

Valleywide Newspapers (San Bernardino County)

Hometown Source – SUN This Week

Lucerne Valley Leader

Victor Valley News Group (VVNG):

EXAMPLE

Below is an example. Do NOT copy the wording, but you can use the structure as a template to follow.

Name: Ima Student

Date: January 1, 2022

Class: BRE-139-xxxxx

Textbook: Huber, et al., 2016

Local Area Demographics & Data Research

The city of Victorville, California will be researched for this report. According to the U.S. Census, the demographics include a population of … (U.S. Census, 2010). The average household income is reported as … and the per capita (per person) income is shown as … (U.S. Census, 2010). In Victorville, the family size consists of … and family makeup is shown as … (U.S. Census, 2010). Major employment types include …. and the top employers in the local area are … (list sources). According to the National Association of Realtors, the average home value as of … is … (NAR, 2020).

One of the major problems in Victorville and the High Desert area is home ownership lack of affordability. According to the Victorville Press, this is an issue because … Because of the high prices of real estate, it has caused … Neighborhoods are also affected by this problem when encountering … Since real estate values have skyrocketed since 2020, the local real estate market has been a seller’s market and home buyers have experienced … (cite source).

References:

Huber, W., Messick, L. P., & Piva, W. (2016). Real Estate Economics (6th ed.). Covina, CA: Educational Textbook Company.

<insert other reference sources in APA format>