This study reports the findings of a recent survey of the real estate academic and professional community based on the associations of the researcher respondent. Members of the ARES, ERES, AsRES, PRRES and AREUEA were asked to rate their perception of 18 real estate journals that are currently...

Graduate programs with concentrations in real estate continue to examine the best ways to educate students in a dynamic marketplace. In an effort to uncover the views and opinions of the various stakeholders in a higher education degree program, this paper summarizes the results and major...

In 2005, the researchers conducted a pilot study of graduate real estate programs that examined the coalescence of industry and the classroom in 14 well-recognized programs from around the world (Chambers and Worzala, 2005). This study will expand the survey pool of respondents to include...

Linear models of market performance may be misspecified if the market is subdivided into distinct regimes exhibiting different behavior. Price movements in the United States real estate investment trusts and United Kingdom property companies markets are explored using a threshold autoregressive...

Purpose – The purpose of this exploratory paper is to examine the lack of reliability of traditional neo-classical models and to argue that it is due to the hidden complexity and non-linearity that may operate at times in residential housing markets. As a result, market efficiency may be a...

To identify the property research priorities in the UK, a major survey of Investment Property Forum members was conducted in February 2003. Over 40 property research areas were assessed, including both general and specific property research priorities. UK property research priorities were seen...

Purpose – The major purpose of this paper is to refocus the appraisal profession on estimating value rather than explaining price. The appraisal profession itself encompasses many disciplines of valuation beyond real estate, and transcends disciplines such as economics, the construction...

Purpose – This paper seeks to consider selected aspects of the relationship between real estate valuation, human cognition, and translational research. Its purpose is to introduce the concept of cognitive risk, to propose a framework for mitigating it, and to develop a stream of translational...

Purpose – Current economic conditions have identified a complication if not conflict in the application of valuation analysis assumptions with the free fall in asset prices observed since 2007. Discrepancies in debt obligations (from prior periods) with underlying collateral value have been...

Purpose – This paper seeks to consider a significant market misconception and related errors commonly made by valuers, financial decision makers, and other users of valuation services. Its purpose is to focus on the importance of relating the explicit requirements of market value and fair...