Managing the future: real estate in the 1990s
Article Abstract:
A study by the Institute of Real Estate Management indicates the trends in the US real estate industry for the 1990s. Due to local and international variables, every sector of the industry will be adversely affected, except for rent and condominium apartments which will benefit from the prohibitive costs of building private homes. The residential class comprises 69.8% of the real estate market and American individuals own 58% of all real estate. The total worth of US real estate is calculated to be $8.777 trillion.
Publication Name: Real Estate Accounting & Taxation
Subject: Real estate industry
ISSN: 0897-0262
Year: 1992
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Real estate appraisal in disarray: do we have the answer?
Article Abstract:
The real estate industry is in a state of disorder. The industry cannot rely on its present system of estimating the value of real property. The three customary approaches to value which are the replacement cost, actual comparison to the same properties recently sold and the income evaluation derived from ownership of the subject property may not function in the present market. The industry is in a quandary as to what appraisal methodology would provide dependable estimates of value in the real estate market.
Publication Name: Real Estate Accounting & Taxation
Subject: Real estate industry
ISSN: 0897-0262
Year: 1992
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Emerging trends in real estate: 1992
Article Abstract:
A report by the Real Estate Research Corp indicates a bleak future for American real estate development in 1992. The only advantageous investment is in housing, while industrial, retail, office and hotel properties are not wise investments for 1992. Public infrastructure needs to be upgraded, but capital may be routed to more common real estate investments. Seattle provides the best real estate investment opportunities for 1992 and residential investments have the best possible returns.
Publication Name: Real Estate Accounting & Taxation
Subject: Real estate industry
ISSN: 0897-0262
Year: 1992
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