Real Estate Market Valuation and Analysis
Chapter One
The Essence of Analysis
Analysis is an elusive process; whether investor, appraiser, or
student, understanding the essential points to consider is itself a
difficult process. In this chapter, we introduce the fundamental
methodology as a starting point for deciding whether an
investment makes sense. We examine the question, Who uses
market analysis and why? Finally, we demonstrate how raising
capital for investment purposes must be premised on a foundation
of solid analysis.
Knowing the right questions to ask is a wise starting point in any inquisitive
task. Otherwise, we cannot identify the underlying assumptions necessary
to arrive at an informed conclusion. A market analysis may have
several different meanings, just as a real estate market is not necessarily going
to mean the same thing to different people. We recognize a definition of
real estate market as
the interaction of individuals who ... read full excerpt from Real Estate Market Valuation and Analysis ebook
