The Nationwide MSA Evaluation is a Market Evaluation analysis of all 929 MSAs in the US. This analysis allows you to quickly compare the market conditions of every major metropolitan area on hundreds of metrics. This is a unique analysis type, because all of the target sites, benchmarks and market areas are predefined for you.
Name & Type
To begin, click on blue New Analysis button on the top right of the Analyses section, give your analysis a name, and select Nationwide Evaluation from the list of options. Then click “Site Selection.”
Sites
In the next window, use the Extent Type drop-down to choose either the State or MSA option. The State option will run an analysis all 50 states simultaneously and the MSA option will run an analysis on all 929 MSAs simultaneously.
Once you’ve entered the information for your site, click “Benchmarks” to select your benchmark for this analysis.
Benchmarks
Benchmarks are not available in the Nationwide Evaluation type. Click “Market Areas” to continue.
Market Areas
When running a Nationwide Evaluation, you do not need to choose any market areas. The market area is set as the pre-defined as the state or MSA extent type previously chosen. Click “Supply Settings” to continue.
Supply Settings
The Supply Settings step allows you to edit competition in your desired market area before running an analysis. All changes made on the Supply Management page will be reflected in metric values (like penetration rates and unmet demand figures) as well as the competition lists.
Click “Assumptions” to move to the next step in the Analysis Wizard.
Assumptions
The assumptions tab is where you can change inputs that feed directly into the metric output calculations. Click into any unique assumption category to alter the individual assumption values. Change the assumptions to your desired values and click “Submit Analysis” to process your Analysis.
Please note that not all metrics are dependent on assumption values (Ex: Median Home Value CY), but many metrics are built so that assumption inputs can be used to customize the metric output (Ex: IL Income Qualified 75+ CY).
NOTE: If you do not alter these values, the default values will be used.
