Papers on "Real Estate Industry" and similar term paper topics
Paper #028857 ::
Real Estate Industry
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An examination of the recent market dynamics for the real estate industry in light of the current economic turndown.
Written in 2002; 1,698 words; 8 sources; APA;
$ 55.95
Paper Summary:
This paper discusses how the latest economic recession has left its market on the real estate industry, some for the better, but most for the worse. It looks at how deteriorating conditions are evidenced by higher vacancy rates, lower market prices and/or a slower pace of sales while healthier markets enjoy the reverse of these outcomes. It explores the recent changes in the market for the real estate industry across the following sectors: single-family, multifamily, office, retail and industrial real estate markets.
Outline
Introduction
Single-Family Real Estate Markets
Multifamily Real Estate Markets
Office Real Estate Markets
Retail Real Estate Markets
Industrial Real Estate Markets
Conclusion
From the Paper:
"The largest question that looms for the single-family housing market is if the bubble will burst. The biggest market fundament that drives housing purchases is mortgage rates than have been at near record lows. Thus, when interest rates start to rise, the housing market should slow down. But that?s not expected to happen for some time and when it does it will be in response to stronger economic activity which will offset a good bit of the effect on the housing sector. And, in a population of 290 million people, a 1.85 million increase in new homes isn?t much of an increase in the supply. The National Association of Realtors is forecasting only a three percent decline in home prices by the fourth quarter of 2003. However, the market for housing is highly subject to local market conditions and there may be both lower and higher regional exceptions to these estimates."
Tags:
housing office retail family
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