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”
Author: AB Agosto
A Juris Doctor and a Professor of Business & Economics at the University of San Carlos. Teaching finance, real estate management, and economics. He conducted lectures on valuation, environmetal planning and real estate in various places and occasions.
Appraisal is market analysis
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”
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