David W. Dickey – Senior Economist
Mr. Dickey has over 20 years of consulting and research experience in the real estate industry. As senior economist for Market Profiles, he is responsible for all market forecasting assignments. In addition, he directs field research and formulates product and pricing recommendations for market feasibility analyses. He also prepares financial analyses including pro-forma, cash flow, and land residual valuation.
Mr. Dickey has performed market studies and product absorption forecasts for over 300 residential and commercial developments ranging in size from under one acre to over 7,500 acres.
His studies have included the following product types:
- Single Family Detached
- Market Rate Apartments
- Affordable/Tax Credit Apts.
- Time Share
- Senior Apartments
He has developed market demand forecasts for the following metropolitan areas: San Bernardino County, Riverside County, Orange County, San Diego County, Ventura County, Bakersfield, Sacramento, Fresno, Santa Clara County, Phoenix, Tucson, Denver, Seattle, Houston and Portland.
Mr. Dickey has also conducted comprehensive market demand and absorption analyses for numerous master-planned communities, including the highly successful Orange County communities of Rancho Santa Margarita (15,000 dwelling units) and Foothill Ranch (3,900 units). For these communities, he identified the specific type and scale of opportunity for all of the commercial and residential components (retail centers, office parks, industrial parks, single family, and multi-family). He also provided key input regarding the optimum land use design for the communities.
Mr. Dickey has been responsible for creating new research approaches that have the capability of identifying the feasibility of unique, uncommon, and otherwise hard-to-evaluate developments. He has also developed a demand model to test the depth of market for senior apartment units. This model incorporates over $250,000 in research on seniors’ preferences, motivations and actual occupancy patterns as they relate to age-restricted rental housing.
He holds a Master of Arts in Economics from California State University, Long Beach.