Der wachsende Wettbewerbsdruck im Bankensektor führte in den letzten Jahren trotz eines geringen Zinsniveaus zu sinkenden Zinsmargen im Verbraucherkreditgeschäft. Hervorgerufen wird diese Änderung der Angebotspreise durch die sinkende Bedeutung der Hausbankbeziehung sowie der steigenden...

The price for a single-family house depends both on the characteristics of the building and on its location. We propose a novel semiparametric method to extract location values from house prices. After splitting house prices into building and land components, location values are estimated with...

Der wachsende Wettbewerbsdruck im Bankensektor führte in den letzten Jahrentrotz eines geringen Zinsniveaus zu sinkenden Zinsmargen im Verbraucherkreditgeschäft. Hervorgerufenwird diese Änderung der Angebotspreise durch die sinkende Bedeutung der Hausbankbeziehungsowie der steigenden Anzahl...

The price for a single-family house depends both on the characteristics of the building and on its location. We propose a novel semiparametric method to extract location values from house prices. After splitting house prices into building and land components, location values are estimated with...

We present a citation-based analysis of the most important journals on real estate and real estate finance over a time period from 1986 to 2010. For each year, those three articles with the highest number of citations according to Google Scholar are identified. A thorough analysis of all 75...

We apply the hedonic model to the rental markets of the Geneva and Zurich urban areas, Switzerland, in order to assess the value of natural land uses and land use diversity. In order to construct variables to quantify land uses and patterns in the neighborhoods of the buildings, we make use of...

Using Australian capital city data from 1984Q3-2008Q2, this paper utilizes a dynamic present value model within a VAR framework to construct fundamental time series of house prices depicting what aggregate house prices should be given expectations of future real disposable income - the...

This paper empirically models the effect of distance on residential property values of three different types of services, fire, police, and emergency medical services. Interesting economic tradeoffs emerge as service station proximity provides both amenity and disamenity effects. Using an...

In this study we use property-level transaction data to construct several different out-of-sample forecasts for the sales of individual homes in 10 counties in Florida. We utilize a number of common forecast combination methods and analyze the properties of their forecast errors. The results...

The price for a single-family house depends both on the characteristics of the building and on its location. We propose a novel semiparametric method to extract location values from house prices. After splitting house prices into building and land components, location values are estimated with...