Regional real property valuation forecast accuracy
Abstract
The purpose of this study is to identify, evaluate, and critique four econometric and statistical alternatives to present forecasting practices for property valuation forecasts: (1) a traditional income elasticity method, (2) a regional structural econometric model, (3) a statistical ARIMA method, and (4) trend analysis. Forecast evaluation for 2001-2007 will be conducted for the property valuations of Single and Multi-Family residences and Commercial and Industrial properties in El Paso, Texas (MSA).
Subject Area
Economics
Recommended Citation
Arnold Cote, Katherine Nicole, "Regional real property valuation forecast accuracy" (2008). ETD Collection for University of Texas, El Paso. AAI1461146.
https://scholarworks.utep.edu/dissertations/AAI1461146