The area to be covered in this study is the City of Fairmont city limits. Appropriate consideration should be given to the housing demands and availability within the surrounding metropolitan area, labor force wages, workers entering and leaving the city, major employers, and their effect on the local market. The Consultant selected to complete the study is free to develop specific methodology as it deems appropriate. However, the final document should, at a minimum, quantify the data elements (Use of 2020 or newer census data - from the American Community Survey - is required.) Citywide data must also be organized by census tracts and neighborhoods, and relevant information must be mapped so that local stakeholders can better understand clusters of activity. Existing housing stock: • By tenure if data is available – rental, owned • By type – single, 2-family, triple decker, multi family, senior housing, low-income housing types. • By value – property values, rents • By age and condition (if information is available) Vacancy rates • Inventory of Assisted Housing; Sales activity and prices over the last three years: • By Neighborhood (City will provide neighborhood boundaries to successful proposer) • Type of building: single, 2-family, townhomes, multi-family, condo, downtown apartments • Type of buyer – owner-occupier or investor Foreclosure-related action • Analysis of housing conditions data...
