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This course presents an analysis of international, national and local factors which determine the value of real estate.
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(54 hours lecture; Degree appropriate)
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Prerequisite:
BUSR 50 - Real Estate Principles.
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Course Measurable Objectives:
- Apply basic economic concepts to analyze real estate markets.
- Appraise the likely effects of monetary and fiscal policies on residential and non-residential real estate markets.
- Describe and explain the reasons for historical patterns of community and regional growth.
- Describe the current tax laws that apply to real estate.
- Analyze the economic impact of a change in laws governing property and income taxes on the real estate market.
- Compare and contrast the market for residential with the market for non-residential properties.
- Employ basic economic theory to forecast future changes resulting from supply and demand factors in the real estate market.
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Course Level Student Learning Outcomes:
Students completing BUSR 55 - Real Estate Economics will be able to:
- identify factors affecting Demand in Real Estate.
- identify the forces affecting supply in Real Estate.
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NOTE:
Every effort is made to ensure the accuracy and timeliness of this information; however, students should consult
the
college catalog
for the most current and accurate information regarding degrees,
certificates, or courses.
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OTHER REAL ESTATE
COURSES:
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