Zimmerman/Volk Associates, Inc.

ZVA ASSIGNMENTS AND COVID-19

To our clients, colleagues and partner firms:

Like many companies, Zimmerman/Volk Associates has curtailed staff travel in support of the national effort to minimize the spread of the Covid-19 coronavirus.

Nevertheless, assignments will proceed as planned with some optional schedule modifications:

— Where time is not of the essence, staff travel for site analysis and meetings will be scheduled once the Covid-19 threat has subsided.

— Where clients have specific timing requirements, an optional alternative to site visits, meetings and tours is available using techniques ZVA has developed and refined over the past decade for updates and short time frame assignments. Under this option—employing remote conferencing and virtual touring through tools like Google Maps, Street View, and Google Earth Pro historical imagery—normal schedules can be maintained.

Given ZVA’s established international reputation, many are surprised to learn that ZVA has a staff of only four. As a small company, we pride ourselves on being exceptionally nimble with a flexibility that has served our clients well over three decades.

We trust that, with our collective efforts, the best interest of our nation and the world will be served and the pandemic be controlled expeditiously.

Residential Market Analysis for Walkable Neighborhoods in the United States and Canada

A ZVA residential market study provides direction for planning, design, and policy decisions, and the revenue assumptions for a development pro forma.

A ZVA study establishes:

Where the potential renters and buyers of new and existing housing units in a study area are currently living (the draw areas);
How many households have the potential to move within and to the study area each year (depth and breadth of the market);
Who the households are that represent the potential market for new and existing units in the study area (the target markets);
What their range of affordability is, and what their housing preferences are in aggregate (income qualifications; rental or ownership, multi-family or single-family);
What their current alternatives are (housing market context);
What housing and unit types, unit sizes and configurations, and market-entry base rents/prices match the target households’ housing preferences and financial capabilities (the optimum market position); and
How quickly the new units will lease or sell (absorption forecasts).

A complimentary look at your market:

Photo: Downtown St. Louis, MO

Photo: Broad Creek, Norfolk, VA

Photo: I'On, Mount Pleasant, SC

Photo: Downtown Detroit, MI

Photo: Broadway Homes, Baltimore, MD

Photo: Davidson, NC

Photo: Downtown South Bend, IN

Photo: Harrison Commons, Harrison, NJ

Photo: Alys Beach, Walton County, FL

Photo: East Beach, Norfolk, VA

Photo: Westbury, Portsmouth, VA

Photo: New Town St, Charles, MO

Photo: Downtown Ocala, FL

Photo: Rosemary Beach, Walton County, FL

Photo: Mount Laurel, Birmingham, AL

Photo: Heritage Place, Norfolk, VA

Photo: Summerset at Frick Park, Pittsburgh, PA

Photo: Seabrook, WA

Household Migration

Household migration and demographic data—keyed to a national map—for each of the nation’s 50 states and 3,142 counties and county equivalents (mainly parishes in Louisiana and independent cities) using the Internal Revenue Service’s most recently released five-year state-to-state and county-to-county taxpayer migration records, are supplemented with data from the American Community Survey’s five-year estimates over the same time period.

Search, select from the menu, or click on any state, county or county equivalent to view estimates of occupied households, median income, median reported home value, and the most recent years’ taxpayer migration data, covering total number of in-migrating households along with the top three origin geographies (where available).

Note: State-to-state and county-to-county migration data are based on the year-to-year changes in the reported addresses on returns in the Internal Revenue Service Individual Master File system. Data on migration patterns by county, or county equivalent, for the entire United States, include taxpayer inflows and outflows.

ZVA Mobility Distribution Indices

The ZVA Mobility Distribution Indices measure the market activity of a geographical unit—in this case county or county equivalent (mainly parishes in Louisiana and independent cities)—in relation to its share of the total market under examination.

When “ZVA National Mobility Distribution Index” is selected on the map, the counties or county equivalents can be compared one with another across the nation. When “ZVA State Mobility Distribution Index” is selected on the map, the counties can be compared one with another inside the state.

The graphic display of the indices on the map show two factors. The index is indicated by color, ranging from yellow for a low index to red for a high index. The relative volume of in-migrating households is indicated by the transparency level of color—more opaque for higher numbers of in-migrating households.

Available for purchase as part of the ZVA Mobility Distribution Index report (which also includes selected demographic and housing characteristics) are the intra-county, intra-state, and inter-state mobility distribution indices that sub-categorize the ZVA State Mobility Distribution Index, and the internal and external mobility distribution indices that underlie the ZVA National Mobility Distribution Index.

Note: A low index could be the result of a range of circumstances; examples include economic stagnation or contraction, a lack of housing type diversity, high housing costs, low housing turnover, and/or constraints on housing production.