Technical Reports, Virginia Center for Housing Research (VCHR)
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- 2013 Virginia Residential Real Estate Appraiser Remuneration: Survey And ReportSanderford, Andrew R.; Boyle, Kevin J.; McCoy, Andrew P.; Xu, Weibin; Jones, Melissa M. (Virginia Center for Housing Research, 2014-10-09)This report describes the results from a survey of Virginia real estate appraisers. The survey was conducted by the Virginia Center for Housing Research and the Virginia Tech Program in Real Estate in the spring of 2014 and focused on fees paid for residential real estate appraisals in Virginia in 2013.
- Addressing the Impact of Housing for Virginia’s EconomyVirginia Coalition of Housing and Economic Development Researchers (Governor’s Housing Conference, 2017-11)In October 2014, Governor McAuliffe issued Executive Order (EO) 32, “Advancing Virginia’s Housing Policy,” to “identify and implement actions to enable quality, affordable housing, which will strengthen families and communities and foster economic growth.” The Housing Policy Advisory Council (HPAC) was thus established under the leadership of the Secretary of Commerce and Trade to help guide the development and implementation of Virginia’s housing policy. A key directive of EO 32 was identifying the links between housing and economic and community development. To this end, the HPAC commissioned a study from a consortium of researchers at Virginia Tech, George Mason University, The College of William and Mary, and Virginia Commonwealth University, with the premise that successful housing policy must be based on independent analytic findings and best practices. The collaborative research of the four universities provides key information on the Commonwealth housing sector, focusing on the economic impact of housing, future scenarios impacting housing needs, and links between housing and other key policy sectors. This report summarizes the research conducted by the four universities and the implications for Virginia’s housing policy development. The report is designed to assist stakeholders and policymakers think more creatively and collaborate more intensely at the state, regional, and local levels as Virginia strives to build on the successes of the past and meet the pressing housing challenges facing the commonwealth. The entirety of the research is included in nine supplemental appendices listed below: Appendix Report 1: Economic Impacts Of Virginia’s Housing Industry Appendix Report 2: Housing The Commonwealth's Future Workforce 2014-2024 Appendix Report 3: Housing Affordability, Msa Gap Analyses Appendix Report 4: Housing And Transportation Appendix Report 5: Virginia Housing Production Affordability Findings Appendix Report 6: Housing And Economic Opportunity Appendix Report 7: Housing, Education, And Economic Development - Literature Appendix Report 8: Housing, Health, And Economic Development - Literature Appendix Report 9: The Future Of Housing In Virginia
- A Basic Housing Needs Assessment and Gap Analysis for the Rappahannock–Rapidan RegionJones, Mel; Brown-Coles, Olivia (Virginia Center for Housing Research, 2018-05)A large part of the demand for housing in the RRRC region comes from workers earning in more-expensive housing markets. Fauquier County in particular may offer attractive living costs for households with at least one worker commuting further into the Washington, DC metro area. However, preferences for suburban, exurban, or semi-rural lifestyles over urban living are likely a major factor attracting households to the region. The region may be particularly appealing because large towns offer the convenience of cities and suburbs close to rural areas.
- City of Bluefield Housing Study, 2023Jones O'Brien, Melissa; Zahm, Diane; Boyce, Tyrone; Brummond, Jenna; Ekram, Khondaker Moham; Fox, Evan; Hartwick, Ali; McKinney, Brant; Poore, Michael (City of Bluefield, West Virginia, 2023-11-30)
- Housing Needs and Trends in Central Appalachia and Appalachian AlabamaJones, Mel; Spencer, Samuel (Virginia Center for Housing Research, 2018)Appalachia is a region with significant contrasts. The evolution of the economic landscape over the last century has led each county in the region to face and adapt to unique circumstances. Although each county is unique, general housing trends in the region can be identified as well as outlier counties that do not conform to these trends. Many of the relevant housing trends in the region are quantifiable using US Census data. VCHR has compiled this data for a wide range of housing topics, including housing stock, demand, and affordability. Despite limitations such as reduced reliability in low-population counties, VCHR has conducted a relatively complete survey of issues relating to housing demand and preferences has been conducted. The analysis performed by VCHR uses both quantitative and geospatial methods to identify housing trends across the region; however, the trend may be stronger, weaker, or non-existent for some topics. VCHR indicates the significance of these trends where possible and maintains an unbiased presentation of the findings. This report presents each topic in the context of other trends to offer a more complete understanding of the figures produced in the analysis. Though comprehensive, the data and resulting analysis have raised additional questions. Where the analysis cannot conclusively explain a trend, this report can guide the reader toward further areas of research and consideration. Ultimately, VCHR’s findings present an updated assessment of housing trends in Central Appalachia and Appalachian Alabama and their significance.
- Housing Needs and Trends in Central Appalachia and Appalachian AlabamaJones O'Brien, Melissa; Eades, Daniel; Choi, Seungbee (Fahe, 2023-07-20)
- The Impact of Energy Efficient Design and Construction on LIHTC Housing in VirginiaMcCoy, Andrew P. (Housing Virginia, 2015)The purpose of this report is to identify and verify possible benefits of the shift in housing policy by the Virginia Housing development Authority (VHDA) to encourage energy efficiency (EE) in the affordable rental stock in Virginia through the LIHTC program. The research addresses key issues related to Energy Efficiency and affordable housing through a rigorous measurement of economic impacts for low-income residents, distinguishing the effects of design, construction, technologies and behavior per unit. In addition, the research addresses how the policy to use EE might impact developers and owners in terms of property capital and operating costs. Data, analysis and findings focus specifically on facilities constructed to the EarthCraft MultiFamily standard in Virginia, one of the only datasets currently available that allows for this type of inquiry.
- Randolph County Housing StudyJones O'Brien, Melissa; Eades, Daniel; Choi, Seungbee (2023-04)
- The Regional + Local NRV Housing Study - Detailed ReportVirginia Center for Housing Research; Housing Forward Virginia; New River Valley Regional Commission (New River Valley Region, 2021)The New River Valley (NRV) is a desirable place to live and work. The region’s population is growing, creating more jobs and amenities, and it offers diverse settings as well as relative affordability and superior amenities that appeal to a variety of households and support our economic competitiveness. However, relatively low median days on market and steep price increases are evidence of a potential housing shortage. Whereas steady increases in demand (and thereby prices) are important for protecting the investments of current residents, a market with too little housing inventory makes housing upgrades or changes to more appropriate housing difficult (or impossible) for current residents and may stagnate growth. The NRV is facing various housing affordability and availability issues that are starting to affect the region’s quality of life and ability to grow.
- State of the Market and Local Policy: Accessory Dwelling Units in the Commonwealth of VirginiaClower, Terry L.; Waters, Keith; Eisel, Valrie; Versel, David; Benson, Brien; Jones, Mel; Choi, Seungbee; Knof, Jonathan; Mai, Eric (Accessory Dwelling Unit Stakeholders Advisory Group, 2021-11)The following reports the findings of a data and information gathering exercise to provide the Accessory Dwelling Unit Stakeholder Advisory Group (SAG) and the Virginia Department of Housing and Community Development (DHCD) input on key issues related to accessory dwelling units (ADUs) in the Commonwealth of Virginia. The work performed in this analysis and the SAG was implemented pursuant to House Bill 2053.
- Town of Vinton Housing Market StudyJones O'Brien, Melissa (2022-11-30)The Virginia Center for Housing Research (VCHR) conducted a basic, targeted housing market study for the Town of Vinton to evaluate housing affordability and availability for Vinton residents and for employees working in Vinton. Given limited time and resources, the VCHR study compared housing availability and affordability by occupation in the Vinton market, identifying high-demand and missing housing types and price points. The organization examined housing variety by number of bedrooms, housing type (i.e., single-family, single-family attached, or multifamily housing), tenure (i.e., renter or owner), and housing age to identify underrepresented types. Housing types were further analyzed in the context of current market preferences as observed in the trade literature. Finally, a housing affordability gap analysis was conducted to identify critical gaps that may limit community health and economic development.
- Virginia Beach Housing Needs Assessment, Market Analysis, and Re-Investment StudyJones, Mel; McCoy, Andrew P.; Koebel, C. Theodore; Shanholtz, Spencer A.; Berryman, Alex; Buki, Charles; Beck-Pooley, Karen (Virginia Center for Housing Research, 2016)After decades of growth, the City of Virginia Beach is not as desirable to the wider market as it has been historically, and the housing market faces serious challenges, due in part to two major demographic and economic shifts. First, the millennial generation has surpassed baby boomers as the nation’s largest living generation (Fry, 2016). As millennials get older, they are becoming the nation’s largest market segment and their preferences are beginning to make a substantial difference in the housing market.