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4.27 Market Value of Owned Home by Consumer Unit Size Nationally Analysis Template

What is the purpose of having a template for the Market Value of Owned Home by Size of Consumer Unit analysis in a business plan for Real Estate Funding Solutions?

This market value of owned home by size of Consumer Unit analysis template gives a small business owners like Ryan Armstrong an opportunity to present a clear idea of just how much of how the housing stock is distributed nationally when accounting for the size of the folks that live in the homes. What is also important is that when using this template, the analysis can be presented in both tabular and graphical format covering a period of 10 years which is what makes it particularly powerful.

A consumer unit consists of any of the following:

  1. All members of a particular household who are related by blood, marriage, adoption or other legal arrangements.
  2. A person living alone or sharing a household with others or living as a roomer in a private home or lodging house or in permanent living quarters in hotel or motel, but who is financially independent; or
  3. Two or more persons living together who use their incomes to make joint expenditure decisions.

The term consumer unit, family and household are often used interchangeably for convenience. However, the proper technical term for the purposes of the consumer expenditure survey is a consumer unit.

In order to conduct this analysis we break down the size of of the consumer unit into the following categories:

  1. The average market value of owned home by a 1 person consumer unit.
  2. The average market value of owned home by a 2 person consumer unit.
  3. The average market value of owned home by a 3 person consumer unit.
  4. The average market value of owned home by a 4 person consumer unit.
  5. The average market value of owned home by a 5+ person consumer unit.

What is the data source for the Market Value of Owned Home by Consumer Unit Size analysis for Real Estate Funding Solutions in Monroe County, New York?

The data source for the market value of owned home by consumer unit size for Real Estate Funding Solutions comes from the Bureau of Labor Statistics website. We highly recommend that all small business plans for the mortgage broker business include such an analysis on owned homes by consumer size. The Bureau of Labor Statistics produces tons of data that can be invaluable to a small business owner like Ryan Armstrong who are in the process of writing their business plans. Some of the key data provided by the folks at the BLS are listed below.

What is the cost of the data for the Market Value of Owned Home by Consumer Unit Size analysis for mortgage broker business in Monroe County, New York?

The data for the market value of owned home by consumer unit size is available completely free from the Bureau of Labor Statistics website at www.bls.gov and is paid for by your tax dollars. Most government agencies request however that if you decide to use their data, that you give them a mention by letting your readers know the source of the data.

What calculations go into the production of this template on the Market Value of Owned Home by Consumer Unit Size for Real Estate Funding Solutions?

There are no manual calculations that you have to endure - just go to the Bureau of Labor Statistics website, download the data, paste it or enter it into the template and the chart will be updated automatically. Just punch in the data and our templates will do the rest. Click on the output tab from where you can copy and paste the finished template into a word document.

Quick Links:

  1. Go to the Corresponding Questionnaire section for this industry.
  2. Go to the Corresponding Business Plan section for this industry.

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