The purpose of this research paper is to examine the influence of opinion leaders in real estate markets. First, we provide a literature review of opinion leaders and real estate markets in India. Secondly, the variables that influence the opinion leaders are established and their measurement is...

Abstract After emerging from the U.S. real estate and financial markets, financial crisis has gradually become global. Due to both primary and secondary mortgage market problems in the U.S. are accepted as the essential reasons of the current crisis, it is believed that financial markets and...

The residential property industry, which had grown rapidly in the 1980s, however, encountered overhang problems recently. Overhang of residential units has been getting worse and therefore, precautionary measures must be taken by the housing developers before it leads to a property glut. In...

This study examines the heterogeneous appraiser behavior and its implication on the traditional appraisal smoothing theory. We show that the partial adjustment model is consistent with the traditional appraisal smoothing argument only when all the appraisers choose the same smoothing technique....

Fannie Mae and Freddie Mac are two large companies – ‘government-sponsored enterprises' (GSEs) – that are heavily involved in the secondary market for residential mortgages. The GSEs' expansion into lower quality mortgages, especially during the middleyears of the 2000s, was supported by...

In pursuit of understanding the mechanism that relates the expansion in credit to the increase in real-estate prices during the real-estate bubble, I explore transaction-level data for 1994-2008. I document a strong correlation between borrowing at high leverage (95% loan to value) and paying...

Global financial crisis, arising from real estate and finance sectors, has caused extra ordinary costs for the world economy. Problems in the public management model of the US finance and real estate sectors would be accepted as one of the important reasons of the financial failures in the US...

Nach den Ergebnissen der vierteljährlichen Umfrage des ifo Instituts bei den freischaffenden Architekten hat sich das Geschäftsklima zu Beginn des dritten Quartals 2011 nochmals etwas aufgehellt. Es ist weiterhin recht freundlich. Die befragten Architekten schätzten ihre aktuelle...

In this paper, we build the rationale of the financial intermediate's decision of making loans to potential home buyers over an infinite time horizon. In the first period "good" borrowers with stable future income flows receive loans and buy homes. In later periods, the intermediate securitizes...

In work development of the construction branch in Latvia is forecasted. The forecast is developed used system dynamic method (by J. Forrester) and Latvian construction brunch forecasting model (RTU). Construction demand consists of the state construction orders, construction demand of...