Local Investments Site Selection and the Behavior of the Real Estate Market – Case Study in Poland

2017 ◽  
Author(s):  
Monika Siejka
Keyword(s):  
Economic Development ◽  
Real Estate ◽  
Negative Impact ◽  
Real Estate Market ◽  
The European Union ◽  
The Real Estate ◽  
The Real Estate Market ◽  
Real Estate Management

One of the main tasks of real estate management in the area of the municipality is making decisions concerning the location of investments on a local scale. These decisions should be taken with the principle of sustainable development. For such an action obliges Poland's membership in the European Union. Poland as a member of the EU is obliged to implement the rules in force in the Member States. Bearing in mind that any investment impact directly or indirectly on the economic development of the municipality, is therefore a significant impact on the local real estate market. Investments that have a negative impact on the environment can contribute to a reduction in the activity of the local real estate market. While performing tasks related to the economic development of the region and the increase in quality of life, increases the activity of the local real estate market. The work was carried out research on the dynamics of changes in the local real estate market in the area of the municipality Skrzyszow in the Malopolska province in Poland, in connection with the construction of the reservoir.

The Cadastre with Respect to the Integrated System of Real Estate Information

2017 ◽  
Author(s):  
Jadwiga Konieczna
Keyword(s):  
Real Estate ◽  
Spatial Information ◽  
Real Estate Market ◽  
Integrated System ◽  
Easy Access ◽  
The Real Estate ◽  
The Real Estate Market ◽  
Two Factors ◽  
Real Estate Management ◽  
Proper Operation

The strength of each country is determined by two factors, namely the economy and efficient administration. One of the instruments allowing the administration to perform its tasks is a fully operational system of real estate information, which meets the requirements commonly imposed on the systems of spatial information. This includes such prerequisites as: the reliability of up-to-date information issued from the system, easy access to this information, and ensuring the protection thereof. An effective real estate management system is largely determined by an efficiently operating Cadastre, an institution with a century-old tradition, to which the legislator has assigned specific tasks, and which provides the basis for specific decision-making actions associated, inter alia, with the real estate market. The aim of the paper is to present the scope of work carried out in Poland as part of the development of the Integrated System of Real Estate Information (Polish: Zintegrowany System Informacji o Nieruchomosciach, ZSIN), and the possibilities for the use of existing information systems with a particular emphasis on cadastral data. The paper defines the tasks, principles and functions of the Cadastre, as well as the indicated direction of changes allowing the Cadastre to be adjusted to the proper operation of the ZSIN.

scholarly journals Diversified Price Dynamics in some Sub-Segments of the Housing Market

2015 ◽  
Vol 15 (1) ◽  
pp. 162-173
Author(s):  
Sebastian G. Kokot
Keyword(s):  
Real Estate ◽  
Price Index ◽  
Real Estate Market ◽  
Quality Of Data ◽  
The Real ◽  
The Real Estate ◽  
Transaction Prices ◽  
The Real Estate Market ◽  
Price Movements

Abstract The observation of price movements on the real estate market is an extremely difficult task as we have to face problems belonging to two spheres. The first of them is the specific nature of real estate as marketable objects and of the real estate market itself. The second one is the character and quality of data on real estate transaction prices. In this article the author, based on an empirical study, attempts to prove that even in a single segment of a local real estate market the prices in individual sub-segments can fluctuate with different intensity. The range of price movements can be so vast that it seems pointless to apply a single averaged price index for the whole segment, and usually that is what analysts do.

scholarly journals Evaluation of investing in real estate in EU and non-EU countries based on MCDM

2019 ◽  
Author(s):  
Seyit Ali Erdogan ◽  
Andrej Naumčik
Keyword(s):  
Economic Development ◽  
Real Estate ◽  
Social Economic ◽  
Real Estate Market ◽  
The Real ◽  
The Real Estate ◽  
Eu Countries ◽  
The Real Estate Market

Investment in real estate is a zoning issue as the real estate market is closely related to economic development and trends in real estate market are considered to be indicators of trends in the whole economy of the country. The goal of this paper is to analyse the main aspects and considerations when investing in real estate, evaluate investment in real estate situation in different EU and non-EU countries and introduce MCDM methods that could be used for selecting a state for investment in real estate. It is identified that when investing in real estate various political, social, economic, environmental and other factors have to be taken into consideration. Analysed examples of EU (Lithuania, Romania, UK) and non-EU (Turkey, China, Russia) countries show different risks and opportunities for investments in real estate. MCDM methods are applicable to evaluate which countries are most attractive for investment in real estate. Described TOPSIS and ARAS methods could be used for assessing states as alternatives when selecting where to invest

scholarly journals Construction of social indicators using information measuring principles. Case study of real estate prices simulation model

2011 ◽  
Vol 52 ◽  
Author(s):  
Aleksandras Krylovas ◽  
Natalja Kosareva ◽  
Laura Gudelytė
Keyword(s):  
Real Estate ◽  
Simulation Model ◽  
Empirical Data ◽  
Social Indicators ◽  
Real Estate Market ◽  
The Real Estate ◽  
The Real Estate Market ◽  
Testing Tool ◽  
Real Estate Prices

The article analyses the data concerning the real estate market of last years in Vilnius. The approach of dichotomous diagnostic operators as general testing tool creation from the empirical data is used and deterministic clusterization of catchments is provided. Based on this analysis, questionnaire concerning the information about catchment is constructed for the evaluation of aggregated appartment price.

scholarly journals Moradia popular, ocupações e propriedade no centro de São Paulo: a trajetória de uma família e de um edifício / Low income housing, squatting and property in downtown São Paulo: the trajectory of a family and a building

2020 ◽  
Vol 12 (4) ◽  
pp. 508-527
Author(s):  
Renato Cymbalista
Keyword(s):  
Real Estate ◽  
Low Income ◽  
Real Estate Market ◽  
Sao Paulo ◽  
São Paulo ◽  
The Real Estate ◽  
The Real Estate Market ◽  
History Of ◽  
Migrant Family

ResumoO artigo tem como objetivo problematizar a diversidade interna dentro da categoria “ocupação urbana”, apontando para um universo pouco explorado de ocupações não protagonizadas pelos movimentos organizados de luta por moradia. O trabalho levanta a literatura existente sobre as diferentes formas de ocupação e trata de um estudo de caso, a história de um edifício que em 2020 existe como uma ocupação, mas que não se encaixa na categoria de ocupação organizada. Recupera a história do edifício e das tensões em torno da propriedade e da gestão, mobilizando também a história de uma família migrante de baixa renda que optou por morar sempre no centro de São Paulo, e passou por diversas situações de moradia em sua trajetória, incluindo uma passagem por esse edifício. Dessa narrativa emergem sujeitos sociais com papéis mais fluidos e menos pré-definidos, edifícios que mudam de caráter conforme a micropolítica vai se transformando, apresentando desafios específicos para o Estado, as políticas públicas e os marcos interpretativos. Uma situação que exige olharmos para as franjas do mercado imobiliário e da propriedade urbana.Palavras-Chave: Moradia, Habitação, São Paulo, Ocupações Urbanas, Cortiços. AbstractThe article aims to problematize internal diversity within the category "ocupação urbana" (urban squatting), pointing to a little explored universe of occupations not involved in organized movements of struggle for housing. The work analyses the existing literature on the different forms of occupation and deals with a case study, the history of a building that in 2020 exists as a squatted house that does not fit into the category of organized occupation. It retrieves the history of the building and the tensions surrounding property and management, also mobilizing the story of a low-income migrant family who chose to live always in downtown São Paulo, and went through several housing situations along their trajectory, including a passage through that building. From this narrative, social subjects emerge with more fluid and less predefined roles, buildings that change their character as micropolitics changes, presenting specific challenges for the State, public policies and interpretative frameworks. A situation that requires looking at the fringes of the real estate market and urban property.Keywords: Housing, São Paulo, Urban squatting, Tenement Houses

Building sales: advertising and the property market

2018 ◽  
pp. 168-207
Author(s):  
Conor Lucey
Keyword(s):  
Nineteenth Century ◽  
Real Estate ◽  
Real Estate Market ◽  
Property Market ◽  
Economic Activities ◽  
Luxury Goods ◽  
The Real Estate ◽  
The Real Estate Market ◽  
House Building

Having examined the building and decorating of the urban house, this chapter explores how the artisan approached marketing and selling real estate. As the first sustained analysis of property advertising in the eighteenth and early nineteenth-century Atlantic world, this chapter first considers how regional variations and social demographics (aristocratic audiences in London and Dublin compared with merchant audiences in Boston and Philadelphia) dictated the form and content of property notices, reflecting on issues such as location, quality of structural and decorative finish, convenience, and decorum. But while house-building and house-selling were principally economic activities, representing the motivating force for building mechanics to enter the real estate market, the evidence from property advertisements reveals that builders were cognizant of the semantics of advertising rhetoric and employed a vocabulary that emulated that of auctioneers, luxury goods manufacturers and other polite retailers.

Calibration of attributes influence in the process of real estate mass appraisal by using decision-making methods

2020 ◽  
Vol 66 (4) ◽  
pp. 287-308
Author(s):  
Krzysztof Dmytrów
Keyword(s):  
Real Estate ◽  
Statistical Approach ◽  
Correlation Coefficients ◽  
Real Estate Market ◽  
The Real Estate ◽  
The Real Estate Market ◽  
Residential Properties ◽  
The Mean ◽  
Econometric Approach

There are situations in the real estate market in which a large number of properties have to be valued at the same time. In such cases it is advisable to use mass valuation methods. These methods involve estimating the value of a property on the basis of the values of the attributes defining it. The aim of the paper is to calibrate the influence of attributes on unit values of properties in mass appraisal in order to minimise the valuation error. The research was conducted for 318 residential properties located in Szczecin. The Szczecin Algorithm of Real Estate Mass Appraisal was used along with the econometric, statistical and expert approaches. The econometric approach is based on the ridge regression model, the statistical approach on the partial Kendall T correlation coefficients, and the expert approach on the AHP method. The quadratic programming was co-employed with the statistical and expert approaches in order to minimise the mean square error (MSE) of the valuations. The econometric and statistical approaches with the minimisation of the MSE generated best results. The least accurate results were obtained by means of the statistical and expert approaches without the minimisation of the MSE. However, even though the optimisation of the MSE improves the quality of valuations, it also narrows down their volatility, which might make the valuation of properties from the outside of a given database more problematic.

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