The Future of the Secondary Mortgage Market

Spring/Summer 1990, Vol 15, No 1 Abstract: The development of the secondary mortgage market and the associated securitization of mortgage loans has had a major impact on the provision of housing financing. With the mortgage lending industry in disarray because of the instability of savings and loan institutions, the secondary mortgage market should play an… Read more

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Creating Value in Underperforming Multi-Family Apartment Complexes

Spring/Summer 1990, Vol 15, No 1 Abstract: Today’s real estate market offers investment opportunities in underperforming, multi-family apartment complexes. This article details why a prospective owner needs to develop a strategic plan, maximize management efficiency, reduce operating costs, and more, to realize value from the property.

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Real Estate in the 21st Century: A Delphi Perspective

Fall/Winter 1989, Vol 14, No 2 Abstract: Members of the American society of Real Estate Counselors, in their response to a survey conducted in 1988-1989, offer an interesting and diverse perspective of real estate in the next century. This article presents an analysis of the survey results, namely those issues which drew a lack of consensus… Read more

Property Rights and the Tragedy of the Commons in the National Park System

Fall/Winter 1989, Vol 14, No 2 Abstract: The authors recognize that tragic results await future generations as common resources become scarce. They argue for the establishment of stronger and better defined property rights to alleviate many of the problems which have been developing since the founding of the national park system at the beginning of this… Read more

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Counselors: Professionally Motivated Business People

Fall/Winter 1989, Vol 14, No 2 Abstract: Professionalism and skill are hallmarks of the real estate counselor. Both nationally and internationally, the counseling function is expanding to meet the needs of an increasingly complex real estate industry.

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Class A Urban Village Cores from Scratch: The Growing Trend

Fall/Winter 1989, Vol 14, No 2 Abstract: In the past two decades dozens of Class A urban village cores have appeared across the nation. In this article, the author focuses on a new trend where Class A cores are being built from scratch, according to master plans, at the outskirts of several metropolitan areas. Cited are Tysons Corner in northern Virginia; Perimeter Center, north of Atlanta and Costa Mesa/Irvine/Newport Beach, south of Los... Read More

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