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Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of real estate prices, building production, and real estate consumption. The closely related fields of housing economics is narrower in scope, concentrating on residential real estate markets as does the research of real estate trends focus on the business and structural changes impacting the industry. Both draw on partial equilibrium analysis (supply and demand), urban economics, spatial economics, extensive research, surveys and finance.
A South Florida developer has purchased the Outlets at Vero Beach Florida for $38.2 million. The price is the second highest amount paid for a commercial property this year. The outlet mall, just west of Interstate 95 at 1824 94th Drive, has changed hands several times since opening in 1994. The first owner, Horizon Group Properties Inc. of Chicago
Local real estate site developed a series of videos profiling various Chicago neighborhoods. They look professionally made, do a fair report in describing each area, and interview various local residents and business owners. Currently they have 19 short videos, hopefully they’ll add more soon.
Residents of the Carney Gardens neighborhood on Chicago's South Side are opposing an effort by asshole real-estate developer Royce Messner to build a godawful $45 million strip mall and condominium complex in the crime-ridden shithole they call home.
Have you seen An Inconvenient Truth? A chicago area real estate developer is taking action and so should you! Green Exchange is the first building in the country to exclusively provide green products and services! I cant wait for it to open so I can have a one-stop-shop for all sustainable products! www.greenexchange.com