Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Download Volatility In Home Sales And Prices full books in PDF, epub, and Kindle. Read online Volatility In Home Sales And Prices ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author : Elliot Anenberg
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (134 download)
Download or read book Volatility in Home Sales and Prices written by Elliot Anenberg and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Liwa Rachel Ngai
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (134 download)
Download or read book The Ins and Outs of Selling Houses written by Liwa Rachel Ngai and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Thomas G. Thibodeau
Publisher : Springer Science & Business Media
ISBN 13 : 9780792398837
Total Pages : 266 pages
Book Rating : 4.3/5 (988 download)
Download or read book House Price Indices written by Thomas G. Thibodeau and published by Springer Science & Business Media. This book was released on 1997-03-31 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains a special issue of the Journal of Real Estate Finance and Economics, comprising thirteen articles on house price measurement. These articles address the various procedures used to compute cross-sectional or temporal house price indices. Specifically, these articles contain research that: (1) evaluates hedonic, repeat sales, or hybrid approaches to constructing house price indices; (2) evaluates alternative sources of data on house prices and corresponding housing characteristics; (3) identifies the most influential land, structural, neighborhood, and proximity determinants of house prices (and associated changes in house prices); (4) provides a methodology for identifying housing market segments; (5) incorporates spatial autocorrelation in house price indices; and (6) provides more accurate estimates of the variance in house prices.
Author : Elliot Anenberg
Publisher :
ISBN 13 :
Total Pages : 63 pages
Book Rating : 4.:/5 (13 download)
Download or read book Endogenous Sources of Volatility in Housing Markets written by Elliot Anenberg and published by . This book was released on 2015 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents new empirical evidence that internal movement - selling one home and buying another - by existing homeowners within a metropolitan housing market is especially volatile and the main driver of fluctuations in transaction volume over the housing market cycle. We develop a dynamic search equilibrium model that shows that the strong pro-cyclicality of internal movement is driven by the cost of simultaneously holding two homes, which varies endogenously over the cycle. We estimate the model using data on prices, volume, time-on-market, and internal moves drawn from Los Angeles from 1988-2008 and use the fitted model to show that frictions related to the joint buyer-seller problem: (i) substantially amplify booms and busts in the housing market, (ii) create counter-cyclical build-ups of mismatch of existing owners with their homes, and (iii) generate externalities that induce significant welfare loss and excess price volatility.
Author : June Fletcher
Publisher : Harper Collins
ISBN 13 : 0062010484
Total Pages : 226 pages
Book Rating : 4.0/5 (62 download)
Download or read book House Poor written by June Fletcher and published by Harper Collins. This book was released on 2010-05-11 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: The housing market, like any other investment, has always had its ups and downs. But ever since it started its upswing at the beginning of this decade, the ride has become more thrilling—and more dangerous. One day, home values are skyrocketing and cheap money is up for grabs; the next day, houses linger on the market and interest rates rise alarmingly high. Home buyers and sellers are beginning to recognize that however the market moves where they live, they must be prepared to make smart housing decisions. Written by veteran real estate reporter June Fletcher, House Poor teaches you everything you need to know to weather the ups and downs of the housing market, including: How to tell whether your hometown is likely to boom or bust When to take equity out of your house How to buy as a first-time home owner or as an investor during turbulent times How to protect your home investment When and how to sell your home Today's volatile housing market could make you house poor. This book will keep you house proud.
Author : Craig Knight
Publisher :
ISBN 13 :
Total Pages : 104 pages
Book Rating : 4.:/5 (546 download)
Download or read book Volatility written by Craig Knight and published by . This book was released on 2003 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis attempts to analyze the long-standing perception that the secondary home market, homes built in and around vacation areas, is more volatile than the primary home market. For the first time, this study measures the volatility of a secondary home market, the Lower Cape. This markets volatility and average return are then compared with three primary housing markets in Boston's Metropolitan Statistical Area. In order to compare the volatilities and average returns among the markets, a price index for Lower Cape Cod was estimated by applying the repeat sales regression technique to sales transaction data from the Warren Group. The Case, Shiller, Weiss zip code price indexes for the Boston area were used for the comparison primary markets. The results from the study suggest that the secondary market is not more volatile than all primary markets. In fact, from these findings it appears that secondary markets have very similar volatilities and average returns to primary markets within 10 miles of the economic center of the region. This study finds that the Lower Cape was less volatile and had lower average returns than the market region within five miles of downtown Boston. The study also demonstrates that the Lower Cape's housing market is highly correlated with Boston's market and appears to lag behind Boston's market by one year.
Author : Lawrence Roberts
Publisher : Monterey Cypress LLC
ISBN 13 : 0615226930
Total Pages : 251 pages
Book Rating : 4.6/5 (152 download)
Download or read book The Great Housing Bubble written by Lawrence Roberts and published by Monterey Cypress LLC. This book was released on 2008 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: A detailed analysis of the psychological and mechanical causes of the biggest rally, and subsequent fall, of housing prices ever recorded. Examines the causes of the breathtaking rise in prices and the catastrophic fall that ensued to answer the question on every homeowner's mind: "Why did house prices fall?"--Page 4 of cover
Author : Thomas Sowell
Publisher : Basic Books (AZ)
ISBN 13 : 0465018807
Total Pages : 194 pages
Book Rating : 4.4/5 (65 download)
Download or read book The Housing Boom and Bust written by Thomas Sowell and published by Basic Books (AZ). This book was released on 2009-05-12 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The "creative" financing of home mortgages and "creative" marketing of financial securities based on these mortgages to countries around the world, are part of the story of how a financial house of cards was built up--and then collapsed.
Author : Wayne R. Archer
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (13 download)
Download or read book Residential Mortgage Default written by Wayne R. Archer and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: House price volatility; lender and borrower perception of price trends, loan and property features; and the borrower's put option are integrated in a model of residential mortgage default. These dimensions of the default problem have, to our knowledge, not previously been considered altogether within the same investigation framework. We rely on a sample of individual mortgage loans for twenty counties in Florida, over the period 2001 through 2008, third quarter, with housing price performance obtained from repeat sales analysis of individual transactions. The results from the analysis strongly confirm the significance of the borrower's put as an operative factor in default. At the same time, the results provide convincing evidence that the experience in Florida is in part by lenders and purchasers exhibiting euphoric behavior such that in markets with higher price appreciation there is a willingness to accept recent prior performance as an indicator of future risk. This connection illustrates a familiar moral hazard in the housing market due to the limited information about future prices.
Author : Arzu Uluc
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (932 download)
Download or read book Stabilising House Prices written by Arzu Uluc and published by . This book was released on 2015 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Norman G. Miller
Publisher :
ISBN 13 :
Total Pages : 37 pages
Book Rating : 4.:/5 (129 download)
Download or read book Exploring Metropolitan Housing Price Volatility written by Norman G. Miller and published by . This book was released on 2015 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates dynamic interrelations between the volatility of single-family home appreciation and the rate of home value appreciation, personal income, population, unemployment rate, and GMP at the metropolitan level, using a large quarterly data set that covers 316 metropolises in the United States from 1978 to 2002. We use a novel three-step approach that allows for time-dependent expected home appreciation rates while controlling for unobserved metropolitan attributes and macro factors. We find that the appreciation volatility can be explained based on past home appreciation rate and volatility, exogenous shocks to the housing market, and population growth. The volatility affects expected future home value appreciation, as well as the growth rates of personal income and population. Last we find evidence that constrained housing supplies in more populated metropolises influence appreciation rates and volatility.
Author : Spencer Rascoff
Publisher : Grand Central Publishing
ISBN 13 : 1455574767
Total Pages : 286 pages
Book Rating : 4.4/5 (555 download)
Download or read book Zillow Talk written by Spencer Rascoff and published by Grand Central Publishing. This book was released on 2015-01-27 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do you spot an area poised for gentrification? Is spring or winter the best time to put your house on the market? Will a house on Swamp Road sell for less than one on Gingerbread Lane? The fact is that the rules of real estate have changed drastically over the past five years. To understand real estate in our fast-paced, technology-driven world, we need to toss out all of the outdated truisms and embrace today's brand new information. But how? Enter Zillow, the nation's #1 real estate website and mobile app. Thanks to its treasure trove of proprietary data and army of statisticians and data scientists, led by chief economist Stan Humphries, Zillow has been able to spot the trends and truths of today's housing market while acknowledging that a home is more than an economic asset. In Zillow Talk, Humphries and CEO Spencer Rascoff explain the science behind where and how we live now and reveal practical, data-driven insights about buying, selling, renting and financing real estate. Read this book to find out why: It's better to remodel your bathroom than your kitchen Putting the word "cute" in your listing could cost you thousands of dollars You shouldn't buy the worst house in the best neighborhood You should never list your house for $444,000 You shouldn't list your house for sale before March Madness or after the Masters Densely packed with entertaining anecdotes and invaluable how-to advice, Zillow Talk is poised to be the real estate almanac for the next generation.
Author : Xibin Zhang
Publisher :
ISBN 13 :
Total Pages : 180 pages
Book Rating : 4.:/5 (814 download)
Download or read book U.S. Housing Market Volatility written by Xibin Zhang and published by . This book was released on 2012 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first chapter considers the determinants of U.S. housing market volatility. With volatility defined as the sample variance of home value monthly returns during a given quarter, a model of volatility from equilibrium in the housing market is derived. Supply and demand effects on housing return volatility for the U.S. as a whole and for a panel of 16 cities are tested, during the period 1985:1-2009:4. There are some statistically significant links between volatility and fundamentals, but significance generally plummets when fundamentals are allowed to be endogenous. These results are consistent with time plots, which show no clear historical link between housing return volatility and basic market factors. This enigma may be due to data limitations and/or short-run disequilibrium in home prices. In Chapter 2, GARCH(1,1) model family are utilized to describe dynamics of U.S. national and metropolitan housing market volatilities ranging from the first month of 1985 to the last month of 2009. ARCH effects of housing return exist in U.S. national and 15 MSA markets. Housing return volatility positively influences housing return in some MSAs and negatively in some other MSAs. The last chapter discusses the housing return volatility spillovers across U.S. metropolitan markets. House return volatilities in 15 MSAs ranging from the first month of 1985 to the last month of 2009 are estimated by the standard GARCH(1,1) model. The results of the vector error correction model and the vector autoregressive models show that there are unidirectional and bidirectional housing return volatility spillover effects among not only contiguous MSAs but also noncontiguous MSAs. More volatility spillovers happen among the MSAs that share the same economic characters. The long-run housing return volatility convergence exists in U.S. market.
Author : Nicolas Paul Retsinas
Publisher : Brookings Institution Press
ISBN 13 : 9780815706137
Total Pages : 520 pages
Book Rating : 4.7/5 (61 download)
Download or read book Low-income Homeownership written by Nicolas Paul Retsinas and published by Brookings Institution Press. This book was released on 2002 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume gathers the observations of housing experts on low-income homeownership and its effects on households and communities.
Author : Ding Ding
Publisher : International Monetary Fund
ISBN 13 : 1484329317
Total Pages : 26 pages
Book Rating : 4.4/5 (843 download)
Download or read book Assessing China’s Residential Real Estate Market written by Ding Ding and published by International Monetary Fund. This book was released on 2017-11-16 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s real estate market rebounded sharply after a temporary slowdown in 2014-2015. This paper uses city-level data to estimate the range of house price overvaluation across city-tiers and assesses the main risks of a sharp housing market slowdown. If house prices rise further beyond “fundamental” levels and the bubble expands to smaller cities, it would increase the likelihood and costs of a sharp correction, which would weaken growth, undermine financial stability, reduce local government spending room, and spur capital outflows. Empirical analysis suggests that the increasing intensity of macroprudential policies tailored to local conditions is appropriate. The government should expand its toolkit to include additional macroprudential measures and push forward reforms to address the fundamental imbalances in the residential housing market.
Author : Edward M. Gramlich
Publisher : The Urban Insitute
ISBN 13 : 9780877667391
Total Pages : 124 pages
Book Rating : 4.6/5 (673 download)
Download or read book Subprime Mortgages written by Edward M. Gramlich and published by The Urban Insitute. This book was released on 2007 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, a new mortgage market offering loans at low interest rates and for little or no money down has given low-income people an opportunity to pursue the American dream of homeownership. The resulting wave in home buying promised to stabilize neighborhoods and families, boost the economy, and reduce crime. In many ways, the optimists were correct, but now, less than fifteen years later, the subprime mortgage market is collapsing, threatening to take the rest of the housing sector along with it.Subprime Mortgages: America's Latest Boom and Bust analyzes how the subprime market emerged, why it is in crisis, and how we can reform public policy to avert disaster. An attendant examination of the rental market also offers recommendations for shoring up what may be the best housing option for some families.
Author : Richard Koss
Publisher : International Monetary Fund
ISBN 13 : 1484348559
Total Pages : 33 pages
Book Rating : 4.4/5 (843 download)
Download or read book Stabilizing China’s Housing Market written by Richard Koss and published by International Monetary Fund. This book was released on 2018-04-13 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sharp rise of house prices in China’s Tier-1 cities has fostered a great deal of commentary about the possibility of bubbles forming there. However, China’s unique housing market characteristics make it difficult to assess the macroeconomic severity of bursting bubbles, even if they exist. These include the setting of land supply and prices by the government, among many others. The presence of overbuilt “ghost cities” greatly complicates the ability of traditional macroeconomic policies to address these concerns. This paper looks at proposals to shore up the mortgage underwriting and legal infrastructure to help China withstand the impact of falling prices, should this occur.
