Showing 1 - 10 of 21
Despite the prevalence and high cost of real estate agents, there is limited empirical evidence as to the nature or efficacy of their services. In this paper we estimate real estate agents' value-added when either selling or buying homes using data from three large multiple listing services...
Persistent link: https://www.econbiz.de/10013382195
Die Situation am deutschen Wohnungsmarkt ist aktuell Gegenstand einer breiten gesellschaftlichen Diskussion. Ein deutlicher Nachfrageüberhang, der sich vorwiegend - aber nicht ausschließlich - auf urbane Räume konzentriert, hat in den letzten Jahren zu einem deutlichen Preisanstieg sowohl bei...
Persistent link: https://www.econbiz.de/10012140546
Die Situation am deutschen Wohnungsmarkt ist aktuell Gegenstand einer gesellschaftlichen Diskussion. Ein deutlicher Nachfrageüberhang, der sich vorwiegend - aber nicht ausschließlich - auf urbane Räume konzentriert, hat in den letzten Jahren zu einem deutlichen Preisanstieg sowohl bei den...
Persistent link: https://www.econbiz.de/10012213528
Over the last decade, German housing prices have increased unprecedentedly. Drawing on quality-adjusted housing price data at the district level, we document large and increasing regional disparities: growth rates were higher in 1) the largest seven cities, 2) districts located in the south, and...
Persistent link: https://www.econbiz.de/10014083754
This paper investigates the US housing market from just before the Great Recession onward (2006–19) and assesses the viability of stock-flow matching in generating the observed outcomes. The paper documents that the probability that a house sells declines sharply after listing for two weeks....
Persistent link: https://www.econbiz.de/10014238533
In a recent set of influential papers, researchers have argued that residential mortgage foreclosures reduce the sale prices of nearby properties. We revisit this issue using a more robust identification strategy combined with new data that contain information on the location of properties...
Persistent link: https://www.econbiz.de/10009614091
This paper demonstrates the way in which stock-flow matching with endogenous seller entry generates hot and cold spells in house sales. Potential sellers know the number of bidders remaining from the last house sale. If two or more bidders remain, the seller obtains the gains to trade through...
Persistent link: https://www.econbiz.de/10011384560
In a recent set of influential papers, researchers have argued that residential mortgage foreclosures reduce the sale prices of nearby properties. We revisit this issue using a more robust identification strategy combined with new data that contain information on the location of properties...
Persistent link: https://www.econbiz.de/10009581858
In a recent set of influential papers, researchers have argued that residential mortgage foreclosures reduce the sale prices of nearby properties. We revisit this issue using a more robust identification strategy combined with new data that contain information on the location of properties...
Persistent link: https://www.econbiz.de/10013025833
Die Situation des deutschen Mietwohnungsmarkts wird aktuell gesellschaftlich breit diskutiert. Ein Nachfrageüberhang, der sich vorwiegend auf urbane Räume konzentriert, hat in den letzten Jahren zu einem deutlichen Anstieg der Mieten geführt. Da die Einwohner in Deutschland überwiegend...
Persistent link: https://www.econbiz.de/10012270709