Real Estate Prices, Time on the Market, and Discounts from Offering Prices

Real Estate Prices, Time on the Market, and Discounts from Offering Prices PDF Author:
Publisher:
ISBN:
Category : Housing
Languages : en
Pages : 150

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Real Estate Prices, Time on the Market, and Discounts from Offering Prices

Real Estate Prices, Time on the Market, and Discounts from Offering Prices PDF Author:
Publisher:
ISBN:
Category : Housing
Languages : en
Pages : 150

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Book Description


ODDS OF FALLING HOME PRICES

ODDS OF FALLING HOME PRICES PDF Author: Elizabeth Fretty
Publisher: Elizabeth Fretty
ISBN:
Category : Business & Economics
Languages : en
Pages : 41

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Book Description
Home listing prices continue to be high. Mortgage interest rates are high; the last time they were this high was in the early 2000s. But the cost of borrowing is likely to go up over the next year, which will make the decision much harder for people who may need to buy in that time. The majority of us will continue investing in the markets and accumulating money for a down payment until the housing market stabilizes. Q.ai eliminates uncertainty from investment. Here’s How Strange the Housing Market Is Getting Right Now. In other words, rising mortgage rates are bad news for the housing market, and the US just saw one of the sharpest hikes ever. Home buyers are now dealing with severe price shock as affordability indicators are deteriorating at their highest rate ever. In fact, a number of market milestones have been reached recently, with mortgage spreads and benchmark interest rates reaching levels that haven’t been seen in decades while the number of new sales is declining at a rate that is faster than even during the period following the global

The Price of Time

The Price of Time PDF Author: Edward Chancellor
Publisher: Grove Press
ISBN: 0802160077
Category : Business & Economics
Languages : en
Pages : 375

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Book Description
A comprehensive and profoundly relevant history of interest from one of the world’s leading financial writers, The Price of Time explains our current global financial position and how we got here In the beginning was the loan, and the loan carried interest. For at least five millennia people have been borrowing and lending at interest. The practice wasn’t always popular—in the ancient world, usury was generally viewed as exploitative, a potential path to debt bondage and slavery. Yet as capitalism became established from the late Middle Ages onwards, denunciations of interest were tempered because interest was a necessary reward for lenders to part with their capital. And interest performs many other vital functions: it encourages people to save; enables them to place a value on precious assets, such as houses and all manner of financial securities; and allows us to price risk. All economic and financial activities take place across time. Interest is often described as the “price of money,” but it is better called the “price of time:” time is scarce, time has value, interest is the time value of money. Over the first two decades of the twenty-first century, interest rates have sunk lower than ever before. Easy money after the global financial crisis in 2007/2008 has produced several ill effects, including the appearance of multiple asset price bubbles, a reduction in productivity growth, discouraging savings and exacerbating inequality, and forcing yield starved investors to take on excessive risk. The financial world now finds itself caught between a rock and a hard place, and Edward Chancellor is here to tell us why. In this enriching volume, Chancellor explores the history of interest and its essential function in determining how capital is allocated and priced.

The All-New Real Estate Foreclosure, Short-Selling, Underwater, Property Auction, Positive Cash Flow Book

The All-New Real Estate Foreclosure, Short-Selling, Underwater, Property Auction, Positive Cash Flow Book PDF Author: Chantal Howell Carey
Publisher: John Wiley & Sons
ISBN: 0470455861
Category : Business & Economics
Languages : en
Pages : 288

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Book Description
Praise for How to Sell Your Home Without a Broker "On a scale of 1 to 10, this book is a 10." Robert Bruss Jump into the real estate game and win big! Home values are crashing and foreclosures are way up. You might think this is a terrible time to get into the real estate market but you'd be wrong! A crashing real estate market offers plenty of opportunity to profit, if you know how to change your strategy and adjust to the new market reality. In The All-New Real Estate Foreclosure, Short-Selling, Underwater, Property Auction, Positive Cash Flow Book, top real estate investors and authors Chantal and Bill Carey show you how to get in safely and get out profitably. They present four new strategies for taking advantage of today's high foreclosure rate and explain how to invest for the long-term as the market resets to more realistic levels. Novice investors will find plenty of strategies for profiting without risking all they have, and old hands will find new, unconventional techniques that will help them continue to profit even if the market continues to struggle. Inside, you'll learn how to: Combine short-term and long-term investing strategies for cash flow today and tomorrow Buy mortgages in foreclosure at rock-bottom short-sale prices Avoid dealing with lenders by using the seller as your banker Utilize the right type of real estate auction for your investment needs Maximize your cash flow for big profits now and in the future Prepare yourself to profit from rising prices and near-term inflation Whether you're a first-timer or an experienced real estate pro, this is the ultimate guide to getting into the real estate market safely and cheaply and getting out rich!

Housing Market Discount Rates

Housing Market Discount Rates PDF Author: Hans Koster
Publisher:
ISBN:
Category : House buying
Languages : en
Pages : 40

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Book Description
We show that time preferences are paramount in understanding sellers' list price-setting. To measure discount rates from data on house sales, we set up a methodology that retrieves discount rates in settings of bilateral bargaining between one seller and one prospective buyer, as well as bidding wars where multiple prospective buyers make a bid. Using data on more than 1 million housing sales in the Netherlands with information on list prices, sales prices, and time-on-the-market, and addressing endogeneity concerns, we show that the implied short-run discount rates are between 30 and 60%. As these rates are an order of magnitude above the prevailing market interest rates, sellers seem to undervalue the gains associated with higher list prices that come at the cost of a longer average time-on-the-market.

Real Estate Appraising, Chapter I[-X] ..

Real Estate Appraising, Chapter I[-X] .. PDF Author: National Association of Real Estate Boards
Publisher:
ISBN:
Category : Real property
Languages : en
Pages : 346

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Book Description


Time Value of Money

Time Value of Money PDF Author: Fouad Sabry
Publisher: One Billion Knowledgeable
ISBN:
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
What is Time Value of Money The time value of money is the widely accepted conjecture that there is greater benefit to receiving a sum of money now rather than an identical sum later. It may be seen as an implication of the later-developed concept of time preference. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Time value of money Chapter 2: Discounted cash flow Chapter 3: Discounting Chapter 4: Net present value Chapter 5: Present value Chapter 6: Interest rate swap Chapter 7: Perpetuity Chapter 8: Future value Chapter 9: Rational pricing Chapter 10: Bond valuation Chapter 11: Bond duration Chapter 12: Actuarial notation Chapter 13: Rate of return Chapter 14: Modified internal rate of return Chapter 15: Amortizing loan Chapter 16: Weighted-average life Chapter 17: Dividend discount model Chapter 18: Marginal efficiency of capital Chapter 19: Continuous-repayment mortgage Chapter 20: Public Market Equivalent Chapter 21: Annuity (II) Answering the public top questions about time value of money. (III) Real world examples for the usage of time value of money in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Time Value of Money.

How to Sell a House Fast in a Slow Real Estate Market

How to Sell a House Fast in a Slow Real Estate Market PDF Author: William Bronchick
Publisher: John Wiley & Sons
ISBN: 0470462620
Category : Business & Economics
Languages : en
Pages : 242

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Book Description
In a slow real estate market, selling your house can be difficult– especially if you owe more on your mortgage than your house is worth. In times like these, it's not enough to simply list your home and wait; you actually have to sell your home. This practical, important book shows you how to use marketing techniques, advertising, repairs and upgrades, home staging, and other creative, effective tactics to get your house sold fast— no matter how bad the market is.

The Future of Real Estate Home Pricing

The Future of Real Estate Home Pricing PDF Author: Anton Roeger IV
Publisher: Bublish, Inc.
ISBN: 1647040337
Category : Business & Economics
Languages : en
Pages : 98

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Book Description
Today's real estate agent is in the middle of an epic battle. Giant CMA and AVM companies have introduced fancy tech tools that encourage home buyers and sellers to go it alone, without an agent. Your livelihood is on the line. Current home valuation is subjective, unreliable, outdated or just plain wrong. How can you win your clients' trust when they are confused about the best price to list their home? In The Future of Real Estate Home Pricing, Anton Roeger, founder of APC Data Analytics, shows you how innovative new tools, processes and data can help you gain your clients' trust and become a sought-after authority on home buying and selling trends in your area. In this book, you'll learn how to: - build credibility with your clients through accurate, powerful, current and comprehensible property valuation - combat online pricing giants that are misleading your clients with unreliable automatic valuation models (AVMs) - automate your Comparative Market Analysis (CMA) with a new set of accurate, powerful, real-time tools A perfect book for real estate agents and brokers as well as real estate lawyers and investors.

Forced Sales and House Prices

Forced Sales and House Prices PDF Author: John Y. Campbell
Publisher:
ISBN:
Category : Foreclosure
Languages : en
Pages : 54

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Book Description
This paper uses data on house transactions in the state of Massachusetts over the last 20 years to show that houses sold after foreclosure, or close in time to the death or bankruptcy of at least one seller, are sold at lower prices than other houses. Foreclosure discounts are particularly large on average at 28% of the value of a house. The pattern of death-related discounts suggests that they may result from poor home maintenance by older sellers, while foreclosure discounts appear to be related to the threat of vandalism in low-priced neighborhoods. After aggregating to the zipcode level and controlling for regional price trends, the prices of forced sales are mean-reverting, while the prices of unforced sales are close to a random walk. At the zipcode level, this suggests that unforced sales take place at approximately efficient prices, while forced-sales prices reflect time-varying illiquidity in neighborhood housing markets. At a more local level, however, we find that foreclosures that take place within a quarter of a mile, and particularly within a tenth of a mile, of a house lower the price at which it is sold. Our preferred estimate of this effect is that a foreclosure at a distance of 0.05 miles lowers the price of a house by about 1%.