2-Real Estate Market Dynamics-Real Estate Market Economics

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REAL ESTATE MARKET DYNAMICS Economic characteristics of real estate                 Real estate, like other products and services, is: Subject to the laws of supply and demand Governed in the market by the price mechanism Influenced by the producer’s costs to bring the product to market Influenced by the determinants of value: utility, scarcity, desire, and purchasing power Distinguishing […]

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1-The Market System-Real Estate Market Economics3-Real Estate Market Economics Snapshot Review