Top Research Papers on Real Estate

The study finds that AI has significant potential to revolutionise the real estate industry through enhanced accuracy in property valuation, efficient automation and immersive AR/VR experiences, and possible job displacement due to increased automation.

In order to strongly support the premise of real estate in multiple wearing exercises, the land business process utilizes a blockchain model, putting an end to a lack of transparency and an increased rate of errors that create more obvious potential for fraud.

“My Real Estate” is introduced, an innovative web application that leverages blockchain technology and NFTs to revolutionize real estate transactions and ownership management and utilizes a robust technology stack comprising MERN and Ethereum, complemented by an AI Chatbot for personalized property recommendations.

Comparing K-means, X-means and K-medoid algorithm performance in clustering sold house characteristics to be further used for pricing houses and an intuitive and comprehensive methodological framework is presented for helping stakeholders designing a decision support system.

The novel concept of the “jagged technological frontier” in real estate is introduced, providing a unique framework for understanding the interplay between AI and human expertise in the industry.

AS used by economists, the term "real estate" is at the same time more comprehensive and in some respects less inclusive than the term "land." Land has been defined to include not only the solid, physical surface of the earth, but all such factors as mineral deposits, fertility of soil, natural produce, wild animal life, bodies of water, climate, and so forth, which are attributes of land. It is questionable whether or not the term "real estate," in common parlance, is extended to embrace wild animal life and climate, although these may affect the value of land. On the other hand, real estate ...

ABSTRACT The paper’s objective is to scrutinize the dynamics of connectedness across returns of three markets, including direct real estate, securitized real estate, and stock markets. Through the connectedness index approach, the results indicate a significant degree of connectedness, which increases sharply during the recent global financial crisis. The net directional connectedness is volatile and time-dependent, yet the dominant shock transmitting role of the securitized real estate is pronounced during the GFC. While the direct real estate market plays as a dominant shock information rece...

With the relatively tight policy adjustment of the government's outbound investment in the general environment and the impact of COVID-19, Chinese real estate enterprises have been challenged and international investment has lost money for a while. In the fierce competition, real estate companies represented by Wanda and Vanke Group successfully used the transformation and upgrading of enterprises to survive, while some of real estate companies (e.g., Evergrande Group) faced a crisis of collapse due to failure of adjusting their business strategies in a timely manner. This paper studies the in...

The goal of the research is to look into strategic management methods in Erbil's real estate industry. Real estate organizations are currently in need of strong strategy management methods as well as a defined company direction. This investigation took place at Erbil's real estate firms. The researchers gathered important information about strategic management in real estate organizations using a quantitative methodology. The current study enlisted the participation of 444 people. The overall findings revealed that the most effective strategy for real estate businesses is cost leadership ...

In 2016, the Real Estate (Regulation and Development) Act (RERA) was enacted in India with the aim of stimulating growth in the housing sector. RERA serves as the regulatory authority overseeing the real estate domain in the country. It mandates that developers, buyers, and sellers adhere to its prescribed rules and regulations. RERA holds legal authority to supervise the construction of estates, buildings, and flats, as well as to regulate minimum selling prices of apartment houses. To assess the impact of RERA on the real estate sector, a questionnaire was devised in collaboration with real ...

This study provides a systematic review focusing on the field of smart real estate using the bibliometric analysis approach under the guidance of PRISMA, suggesting thatsmart real estate research is still a new but rapidly emerging field.

Real Estate Perspectives: An Introduction to Real Estate, J. Corgel, H. Smith and D. Ling, Fourth Edition, Irwin McGraw-Hill, 2000. This text is very good, and I am impressed with the changes in the fourth edition. I could even see using it for a combination of courses (both for general real estate and a real estate finance course). The Internet exercises are a big plus for the text. Although there was not much text devoted to why property develops (e.g., why cities form) and other urban economic issues, at the same time the authors do a very good job of bringing forth a good explanation and d...

This study examines whether real estate stock indices in the United States and the United Kingdom are predominantly driven by the underlying property markets or by progress on general stock markets. In the process, we abandon the conventional approach of focussing only on the three assets, namely real estate equities, direct real estate and stock indices. Instead, we conduct an analysis which explicitly takes into account the macroeconomic environment in each country. Based on vector error correction models (VECM) and variance decompositions, we detect a significantly stronger linkage among th...

In our paper we look at the risk/return characteristics of global real estate private equity investments and compare them to those of direct real estate and general private equity investments (i.e. Venture Capital and Buy-out funds).We investigate if the REPE investments behave more like PE investments than direct real estate investments. The results obtained in this study allow us to address a long-lasting debate regarding the way in which these investments should be called, i.e. REPE or PERE (depending on the individual preference of which aspect should be more pronounced). We will further w...

Real Estate Perspectives Part I: Investment Perspective, Market Perspective, and Legal Perspective are presented, covering investment property analysis, market and Feasibility analysis, and legal perspective.

In this paper, through the construction of VAR model, the variance decomposition method and the impulse response method are used to study the linkage relationship between real estate tax and real estate investment and real estate price, so as to find out the relationship among the three to solve the current problems of Chinese real estate market industry to provide data based on the promotion of Chinese real estate market industry, stable and healthy development.

ABSTRACT About half of the rental properties in the U.S. are owned by small- to medium-sized investors, many of whom enter the trade with little prior experience. This paper considers the factors that motivate these amateurs to purchase real estate in high-poverty neighborhoods—an investment that involves high levels of financial risk for the inexperienced. Drawing on in-depth interviews with 93 investors in three real estate markets—Baltimore, Maryland; Dallas, Texas; and Cleveland, Ohio—this paper finds that amateurs decide to become investors due to anxieties regarding their financial posit...

REAL 1002. Fundamentals of Real Estate Law. (3 Credits) This course introduces the legal concepts, laws, regulations, and risks involved in the acquisition, development, financing, leasing, and sale of real property. It discusses forms of ownership and co-ownership, the real estate transaction process from contract to closing, private property rights, and governmental restrictions on private property. The effect of mortgages, liens, and other encumbrances on the quality of title are also weighed. Students are introduced to estates and interests, deeds, easements, covenants, transferable develo...

It is argued that intelligent real estate management is based on information and digital methods and the application of nine modern technologies, called the “Big Nine”, as a means of supporting intelligent real Estate management is discussed in detail.

The design and implementation of a real estate management system that aims to improve the efficiency and effectiveness of managing real estate properties, designed to automate various tasks such as property listings, tenant screening, lease management, maintenance tracking, and financial reporting.

In response to Wilson and Wyly's paper, I argue that urban planners, policymakers, and theorists need an alternative understanding of “the real estate state.” This approach involves recovering the productive capabilities of publicly owned property. Starting with the fact that governments often are the largest property owners in a city, I argue that urban planning has shied away from its mandate to manage real estate for the public's benefit. Urban theory, education, and practice that shun real estate finance furthers inequality. To combat this, scholars and practitioners need to place the stat...

ABSTRACT This study investigates a question relevant to many investors: do the broad Real Estate Investment Trust (REIT) return characteristics reflect those of the broad direct real estate markets. The paper makes several contributions to the literature in addition to using more recent data: (1) we use data for six countries (Australia, France, Germany, Netherlands, the U.K., and the U.S.); (2) we estimate both country-specific and panel models to increase the reliability and generalizability of the analysis; (3) we estimate a structural vector autoregressive model to be able to better and mo...

Motives: The main thesis of this article is that the experience of the Polish path of development of the real estate market and the real estate valuation system can serve as useful guidance for Vietnam. Aim: The aim of this article is to present in a historical context the changes that have taken place in the approach to real estate value and the regulations governing the real estate market and valuation in Poland. The rationale for this aim is that Poland has already come a long way on the path of political transformation, while Vietnam is at an earlier stage of this path. Therefore, it can b...

Abstract The so-called “Forever Chemicals,” i.e. PFAS or PFCs, are emerging environmental contaminants. They refer to a family of carbon-fluorine chemicals that were initially developed in the commercial and industrial sectors around the time of WWII. As the term PFAS is a catch-all, there are many individual compounds, including C8, PFOA, PFOS, AFFF, PFNA, PFHxS, and GenX. Until the late 1990s/early 2000s, the health risks of PFAS compounds were largely unknown to the general public. But with the increasing ability to detect and monitor these compounds in humans and the environment, informati...

PurposeThis paper aims to investigate perceptions of United Arab Emirates (UAE) real estate investors’ behaviour and the factors that most influence their investment decisions.Design/methodology/approachThis study used a modified questionnaire that was divided into two parts. The first part covered demographic and socioeconomic variables. The second part identified 36 factors that affect the perceptions of real estate investors in the UAE regarding their investment decisions. These factors were placed in eight different categories that correspond to non-personal factors such as, profit, market...

Using a non-causality approach based on the conventional approach of Fama and Schwert (1977), cointegration method in Johansen (1988), and autoregressive distributed lag (ARDL) cointegration technique in Pesaran et al. (2001) and Granger et al. (2000), this study examines the inflation hedging effectiveness of residential property in three of the largest emerging market (EM) economies: China, India and Russia. While the results of the Fama and Schwert (1977) regression indicate that residential properties in China and Russia provide a short-term hedge against expected inflation, this is not th...

ABSTRACT This editorial introduces a virtual special issue of Regional Studies, which surveys some of the key trading zones between regional studies and real estate research. By drawing together real estate-focused research previously published in the journal, the virtual special issue both clarifies the past scope and reflects on the future potential of dialogues between both fields, which to date have broadly come in four different forms: (1) regional variation, change and dynamics through the lens of real estate; (2) how real estate dynamics intersect with other regional processes such as m...

Real estate development in Pakistan suffers from a bad reputation, both in policy circles and in the public. Detractors frequently claim that investing in real estate is unproductive and should be discouraged. Officials often put forward unsubstantiated claims that the real estate business is riddled with illegal activity of all sorts. However, when one looks back at Pakistan’s foray into real estate development activity from the date of Independence, we find that the state considered itself responsible for providing housing for the millions of refugees who came to Pakistan to become citizens ...

We apply the dynamic Gordon growth model to the Hong Kong real estate market to analyze quarterly data on four kinds of real estate—housing, office, retail, and factory properties—from 1999 to 2020. We find that factories have the highest total returns among the four types of real estate, and also a larger Sharpe ratio. The total returns of these four kinds of real estate are highly correlated. The results of an autoregressive distributed lag model show that the gross domestic product growth rate is the key determinant of real estate returns, while changes in foreign direct investment also inf...

Our paper aims to examine the healthy building adoption patterns by first asking two critical questions that are relevant to the market conditions: What are healthy buildings? What is their financial value for tenants and owners? We then synthesize the existing academic and industry literature. We find some early evidence of a real estate price premium for specific indoor environment quality (IEQ) and design features. In terms of health-focused building certification systems (BCSs), no empirical and quantitative research has been done on the financial performance of healthy buildings, except f...

how real estate developers manage their risks. wiley real estate development and investment a. real estate development step three of the twelve step process. planning a real estate project mccormick pcs info. ms in real estate development new york university. the basic real estate development process. the development process featuring brad j lamb. fundamental skills for real estate development. introduction to mercial real estate development. how to develop mercial real estate 12 steps with. understanding the real estate development process. re106 overview of the real estate development proces...

This paper identifies the impact of macroeconomic determinants of commercial property investment and development markets in Australia. A Hodrick-Prescott (HP) filter is used to filter the cyclical components of commercial property investment and development time series. In order to identify the long-run relationships and short-run dynamics, coupled with causality between these factors and property cycles, the investment and development property cycles are analyed with respect to the movement of nine macroeconomic factors by using time series data from 1987 to 2016. The empirical results sugges...

The thesis analyzes the work of real estate agents in the Republic of Slovenia. Firstly, we present the field of real estate in Slovenia and baseline research based on an international research analysis. Based on it all, general hypothesis and multiple research questions were formed. General hypothesis H1, states that there is a correlation between the number of sales of residential properties in 2015 and sociological characteristics of a real estate broker (gender, age). Confirmation or rejection of the hypothesis and answers to researched questions were based on a structured questionnaire. T...

An automated valuation model for the residential real estate market by leveraging stacked generalization and a comparable market analysis is developed and a comparison of the valuation accuracy of the AVM to that of the local estate agents in Oslo generally demonstrates its viability as a valuation tool.

The editors of the special real estate issue introduce the articles contained in the issue and relate them to the concept of resiliency in real estate investments. COVID-19 had a major impact on returns to real estate. However, the resilience of property returns to COVID-19 varied significantly by location, by sector, and even across individual assets of the same property type in the same city. Resilient investments are those able to withstand the effect of not only acute disruptions in the market but also chronic longer-term threats. For real estate, these threats include pandemics, climate c...

Abstract The tendencies of the development of real estate market could affect the tendencies within the real estate development. The development of the real estate market could be influenced by the variety of factors, depending on the economic system of the country and other factors. The aim of the research is to analyse the tendencies in the Latvian real estate market, by paying particular attention to its influencing factors and sustainable real estate development. The literature review, comparative, historical, statistical analysis, observation and logical access methods have been used in t...

Real estate is one of the important economic sectors of Nepal around 90 national properties covered by real estate. In this context, the study analyzes the how real estate play's role in national economy and economic activities in Nepal. Main objective of this study is to analyze the economic impacts on real estate business in Nepal. The study follows the qualitative research design and used both primary and secondary source of the data. Primary data were collected from in depth interview with respondents and secondary data were collected through library research. Books, articles, journals, go...

This paper examines a possible way of applying real estate financial technology to a strategic method of real estate investment, especially to real estate investment trust(i. e. REIT),with a special reference to a specific character of real estate investment. The paper also introduces a collaboration system between research institution such as National University of Singapore and private property investment corporation in Singapore. In Singapore, the idea and thoughts of finance technology has often been employed in the case of investor's decision making process. Furthermore, it will be also l...

Not just since the beginning of the sub prime crisis in the US we are aware, the Real Estate Industry plays a crucial role in modern economies. In Germany n although the biggest export nation of the world with a strong industrial sector n real estate stocks make up some 88% of the total capital stock. Compared to the economic importance, the real estate industry plays a minor role within the pressure groups in Germany and properly throughout the world. This paper analyses the reasons for the week lobbying of the Real Estate Industry, looks the mayor changes that took place within the market, a...

A web-based Real Estate Management System is developed at the end of the project in order to help AP Real Estate to manipulate their enormous clients' data in a more effective way.

Market-wide, stock market specific and real estate market specific risk – what kind of risk and to which extent drives the returns of listed real estate? In contrast to the existing literature and based on a structural asset pricing model calibrated to the empirical data in the US, we show that at least two thirds of the risk premium of listed real estate are driven by the same factors as direct real estate. Our results shed much-needed light on the risk-characteristics of listed real estate returns and are of high interest for academics, regulators, and portfolio managers alike.

Real estate is one of the largest industries in North Carolina, representing billions of dollars of the state's economy and touching the lives of millions of North Carolinians, from first-time homeowners to large corporations such as Charlotte's Summit Properties, owners of some 50 apartment complexes in the Southeast. In North Carolina law, real estate, as distinguished from personal property, is land; anything permanently attached to land, such as buildings, fences, trees, grass, shrubs, minerals, and other substances beneath the surface; and the airspace above land. The real estate industry...

ESG factors—environmental, social, and governance considerations—have gained growing significance within the real estate industry. This study explores the multifaceted impact of ESG considerations on real estate investments and practices. It delves into the evolving investor, consumer, and regulatory landscape, shedding light on the growing importance of sustainable and socially responsible strategies. It also examines the benefits associated with embracing ESG principles in real estate, encompassing enhanced risk management, improved long-term performance, increased stakeholder engagement, an...

This article examines the mechanisms now available to tokenize real asset ownership and create active secondary markets in tokenized or fractionalized units. Real estate is lumpy and illiquid, and tokenization would allow participation in the market by a broader group of investors and the ability to build diversified portfolios with modest sums of money. However, two developments are necessary for the digital tokenization of single real estate assets: (1) an expressed demand for the fractionalization of single real estate assets, and (2) market participants need to be comfortable with blockcha...

Now Chinese real estate tax and fee is primarily on the exploitation investment tache and the lower tax rate in real estate exchange process stimulats the speculation behavior in real estate.Except individual basic living housing China will add real estate tax to control the building price.

In this paper a real estate surveying concept for a forest real estate is outlined. In this area the following terms are important: management strategy, income, value of forest real estate, value of business, surveying, life cycle costs (LCC). For forest companies forest real estate and property are either their most significant cost or most significant assets, but still forest companies underestimate the property value issues. The objective of the research is to determine how different business entities at an enterprise consider the property value: a) value estimation (valuation), and b) valu...

REAL 4090 Real Estate Internship (0 semester credit hours) This course provides students with an opportunity to expand and apply their skills in a professional setting. Students must identify and submit specific business learning objectives at the beginning of the semester. This course requires faculty sponsor approval, a written report upon completion, and employer evaluation. Credit/No Credit only. May be repeated if internships differ. Department consent required. (0-0) S

REAL 4090 Real Estate Internship (0 semester credit hours) This course provides students with an opportunity to expand and apply their skills in a professional setting. Students must identify and submit specific business learning objectives at the beginning of the semester. This course requires faculty sponsor approval, a written report upon completion, and employer evaluation. Credit/No Credit only. May be repeated if internships differ. Department consent required. (0-0) S

ABSTRACT This paper identifies the main trends in real estate research on frequently cited documents on the Web of Science database for 1990–2019, using quantitative methods in document-citation analysis. From the co-citation among the most cited 44 documents, this research presents a two-dimension visual mapping structure of real estate research and its important fields globally. Using statistical analyses including (1) correlation analysis, (2) factor analysis, (3) multi-dimensional scaling, this study identifies nine research trends on reducing significance order: (1) performance and invest...

PurposeThe purpose of this paper is to identify and analyse the news coverage and sentiment of real estate-related trends in Germany. Trends are considered as being stable and long-term. If the news coverage and sentiment of trends underlie cyclicity, this could impact investors’ behaviour. For instance, in the case of increased reporting on sustainability issues, investors may be inclined to invest more in sustainable buildings, assuming that this is of growing importance to their clients. Hence, investors could expect higher returns when a trend topic goes viral.Design/methodology/approachWi...