Author: AB Agosto

One of the concise definitions of the real estate cycle is offered by The Royal Institution of Chartered Surveyors in its 1994 publication on Understanding the Property Cycle: ‘‘Property cycles are recurrent but irregular fluctuations in the rate of all-property total return, which are also apparent in many other indicators of property activity, but with varying leads and lags against the all-property cycle.’’(Pyhrr, Roulac and Born, 2010). Continue reading “Where is the Philippines in the real estate cycle?”

After my travel abroad, I have to get back on track in academic life. I have to catch up with the course I am handling, especially Microeconomics.

Discussing with the students the idea of “thinking like an economist” is, in principle, a good one. Mankiw, the author of the reference book, opens their eyes and helps them to think of the world, in terms of scarcity, trade-offs, opportunity cost, and efficiency. Simplifying things, and even economic visualization, of complex issues, helps them to understand the role of the economist in society. Continue reading “Contemplating on “Thinking like an economist””

The total value of residential condominium construction surged high to 252.6 percent in the first quarter of 2018, based on the data obtained from the Philippine Statistics Authority (PSA). Continue reading “PSA reports 252.6-percent increase in residential condo value”

Cordova is a third class quiet and serene municipality. One can aptly notice the coastal ambiance of this place. They are known for bakasi, kinhason and saang.

Recently, Cordova has been in the headlines of local newspapers.  Some were quick in urging the investors in buying properties in anticipation of the Cordova-Cebu Bridge (as if the investors are just looking at the medium term in terms of land banking). Continue reading “On Cordova “boom””

When examining the real estate market, it is essential to have an understanding of the macroeconomic trends. The real estate industry is not self-contained. As a result, it is crucial for a real estate practitioner to understand the industry’s role, be aware of current affairs, and understand how macroeconomic factors influence the real estate market, including the overall supply and demand for properties as well as consumer expectations. Continue reading “Importance of macroeconomic analysis in real estate practice”

Location, location, location is perhaps the age-old adage that we have learned in real estate.  The real estate market is dynamic, seldom static, and always in transition, with property values either increasing or decreasing. Hence, the importance of analyzing the market is immeasurable. Continue reading “Appraisal is market analysis”