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Real Estate Economics articles from March 2003

307 total articles

This journal publishes articles on real estate related topics, including covering homes loans and economic reports for developers, builders, finance companies or homeowners.

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Real Estate Economics archives from March 2003

Marking single-family property values to market.
March 22, 2003... This paper is the text of the 2001 Presidential Address for the American Real Estate and Urban Economics Association. House price prediction accuracy is a function of: (1) the procedure used to identify within-metropolitan-area housing...

Do CRA agreements influence lending patterns?
March 22, 2003... This article considers the broader impact of Community Reinvestment Act (CRA) agreements--bank pledges to extend a certain volume of lending to targeted groups and communities--by examining whether they are associated with changes in lending to...

Modeling the Korean Chonsei lease contract.
March 22, 2003... Chonsei is a unique Korean lease contract in which the tenant pays an upfront deposit, typically about 40 to 80% of the value of the property, with no requirement for periodic rent payments. At the contract maturation, the landlord then returns...

Estimating the lagging error in real estate price indices.
March 22, 2003... Real estate indices based on appraisals or sale prices of properties are known for their slow response to market news. These indices can therefore be represented (in logarithm) as the sum of a latent "true" price index and a lagging error. We...

House price appreciation, transactions and structural change in the British housing market: a macroeconomic perspective.
March 22, 2003... This paper constitutes the first of two interrelated studies and is concerned with the relationship between house prices and transactions. Using aggregate time-series data, we find a strong relationship in Britain between the two variables, but...

Housing transactions and the changing decisions of young households in Britain: the microeconomic evidence.
March 22, 2003... In this second of two related papers in this issue, the causes of declining levels of housing transactions in Britain during the 1990s are explored. The lower transaction levels resulted partly from the changing behavior of young individuals....

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