This study addresses how property appraisers forecast one important component of the commercial property valuation model: net operating income. We compare appraisers’ <italic>ex ante</italic> forecasts with corresponding <italic>ex post</italic> figures from company financial reports. The data are from the Swedish Property...

In Sweden, quite large differences in the risk‐of‐foreclosure for single‐family housing exist between regions. The aim of this paper is to explain such differences, using data on foreclosures for all Swedish regions. In an option‐based model, the risk‐of‐foreclosure is a function of...