Real Estate Market Analysis And Forecasting

Market Analysis for Real Estate is a comprehensive introduction to how real estate markets work and the analytical tools and techniques that can be used to identify and interpret market signals. The markets for space and varied property assets, including residential, office, retail, and industrial, are presented, analyzed, and integrated into a complete understanding of the role of real estate markets within the workings of contemporary urban economies. Unlike other books on market analysis, the economic and financial theory in this book is rigorous and well integrated with the specifics of the real estate market. Furthermore, it is thoroughly explained as it assumes no previous coursework in economics or finance on the part of the reader. The theoretical discussion is backed up with numerous real estate case study examples and problems, which are presented throughout the text to assist both student and teacher. Including discussion questions, exercises, several web links, and online slides, this textbook is suitable for use on a variety of degree programs in real estate, finance, business, planning, and economics at undergraduate and MSc/MBA level. It is also a useful primer for professionals in these disciplines.

As real estate forms a significant part of the asset portfolios of most investors and lenders, it is crucial that analysts and institutions employ sound techniques for modelling and forecasting the performance of real estate assets. Assuming no prior knowledge of econometrics, this book introduces and explains a broad range of quantitative techniques that are relevant for the analysis of real estate data. It includes numerous detailed examples, giving readers the confidence they need to estimate and interpret their own models. Throughout, the book emphasises how various statistical techniques may be used for forecasting and shows how forecasts can be evaluated. Written by a highly experienced teacher of econometrics and a senior real estate professional, both of whom are widely known for their research, Real Estate Modelling and Forecasting is the first book to provide a practical introduction to the econometric analysis of real estate for students and practitioners.

The authors provide a descriptive account of the processes involved in property market forecasting, with a strong critical reflective element running through the chapters. A careful introduction is given to the technical issues of forecasting and then real estate topics are used to demonstrate practical applications. The book will start with an assumption of basic statistical knowledge and deal with the main modelling techniques in the real estate field. The aim is not to provide a mathematical analysis of modelling, but a guide to and assessment of standard modelling techniques. Econometrics is the applications of mathematical and statistical techniques to economics in the analysis of data, and the development and testing of theories and models. The use and abuse of econometrics in real estate will be discussed and new developments in modelling examined, as well as how these changes are being received in the real estate world.

Real Estate Market Analysis bridges the gap between academic research on urban economics and regional science for the real estate professional. The contributors demonstrate the applications of various methodologies commonly used in scholarly research to practical problems. The book covers a wide range of property types, including housing, office, retail, and industrial. The various chapters lucidly discuss forecasting and investment selections; the impact of inflation; estimating risks in real estate investment; real estate market gap analysis; market valuation of financial terms; urban residential land markets; and trade-offs in the office market.

This work focuses on integrating land-use location science with the technology of geographic information systems (GIS). The text describes the basic principles of location decision and the means for applying them in order to improve the real estate decision.

Learn how to identify the bottom of your local real estate market and understand when to buy by using the tools and tips in Forecasting for Real Estate Wealth: Strategies for Outperforming Any Housing Market. Take advantage of the great deals created by falling real estate prices and discover the four questions every real estate investor must ask before buying, selling, or holding any property. With this guide, you can forecast the value of any property in 1 or 5 years, predict which investment property will give you maximum return, and secure low-cost financing.