town of blacksburg economic development strategy august 2001 rkg associates inc page 5 1 real estate market analysis a introduction chapter details the forces that are shaping county and s environment reflects most current conditions analyzes leasing sales absorption trends have occurred over past 10 years in addition conducted number interviews with local professionals order to understand nuances identify any structural or regulatory barriers may be inhibiting activity general purpose this is future opportunities for growth within region specific emphasis on it consultant opinion will largely follow established patterns guided by existing regulations few exceptions generally believed recent reasonable predictor next three five beyond very difficult predict certainty how community