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    Introduction-Real-estate-economics-1

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    6 views13 pages

    Introduction Real Estate Economics 1

    Uploaded by

    jesco.velasco.cbaa

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    of 13
    eee PSN — |HOONONIIS) Se CoS os Pea ee ee aac Cee aid depends on economics of the real etc Shere ent is Real Estate Econom Teo Con Bee Cee See Caer] eee cs =e ATG II occurs ppraisal, RE In Se CoS os Sree a ad ey depends on economics of the real estate market. For example, price Shere ent Dich ea en ia Bee aning, the importance of Real z s the information as the basis of performance, and it can ee eee eee ‘meet and exchange goods or services withthe value at negotiated prices. It Coe ee eee eed ere Sy Se ee eee ee where there are more buyers and f See eT Ses ho ean ary Sa ae Ue Te an ey — 2a market with few buyers and few sellers Sa um en enone Sea ee ene ous De ur ud Low Supply and High Demand -price tends to go higher (Seller’s Market) ligh Supply and Low Demand — Price tends to go lower ( Buyer's Market) PRIMARY TYPES OF ECONOMIC SYSTEMS ] Poy Se ee) CT ec nee cultural and economic history Pe eer eR ee pone eres Pe ee See ee eee ee the country; the distribution of goods and services depends on who set Ce nc a ‘of supply and demand, Ei National and state governments play @ minor role; they make sure that the markets s ene [ees a) Bree ane Pe econ SE eee See ee Caner atone Se ae ee ee ed all availabe resources to develop new products for the benefit ofthe Focuses more on what is needed, rather than what is wanted/der ey Pree Seen ees coer eT Cee ene ere reeset SSAC cee eae ae tee pero aa ee arreeetis ne 4 AGENTS OF PRODUCTION Sto ea eee etn Pein eee Ts Soto wen hierar ee eee ee ed Ce Sere en ee Erase’ Sea eu a Gree eee eet Renee acd Eemrerenes erate ‘The value ofa property can be influence by several factors. Based on servation and economic conditions, the four oa Isin the eye of the beholder. It varies from person to person, See eet es ot es 1 order for real estate to have value it must have usefulness or Poe ee eee eters Pe en ee a et pee eer a er eee ce ee ee eer eee ca ee Weel Teer scn ells Main Participants ina Real Estate Market: Pod eee Pes eee ial. = Those People el SE ee ete ee eee Penns eet) Peers Developers ~ Those people who build ne products forthe markets as sions or condominiums out of raw lands. eee peed eee ay es real estate lke banks, realestate brokers, la Ce ae ea) Peete ee eee ty Forces that Influence Real Estate Values ene oe Porrecne ic cee kes cesar irre Py See ey ere eee + Some exam! eras oma ogee Mare Ae] dR} aes Whether on a national, or local level, governmental forces on real estate values can be nt See ee ee ieee pone ee aan PCr Jose Past Ce eee 2 CODE ~

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