We are making headway, with difficulty, in our understanding and teaching of real estate subject matter. Until about 1960, heavy emphasis was on license preparation, salesmanship and professional development. The Gordon-Howell and Pierson reports led to a complete rethinking of real estate...

Local economic area analysis is a study of the demand and supply factors that can affect the value of a subject property located within the boundaries of a local economic area. A local economic analysis performed for a shopping center appraisal should obtain information on the economic variables...

As an applied discipline in the business field, real property is both multi-disciplinary and inter-disciplinary. This article explores the relationship between real property and other academic disciplines and professional fields. While there is no central theorem around which all real property...

The usefulness of the consumer price index (CPI) as a tool for updating and forecasting income and house values in small geographic market areas is explored in this paper. The topic is introduced by briefly discussing the construction of the CPI and its traditional use as an updating index. The...

This article examines three major categories of issues facing corporate real estate executives in the future, as determined by a Delphi process survey conducted by the authors. We present areas of agreement and disagreement among the corporate executives surveyed, and distill the results of the...

A key decision corporations must make is site selection. Such decisions have been receiving increasing attention, as companies begin to appreciate how site location can affect the bottom line and future prospects for a firm. The article presents the major factors and individual items that should...