Besides being a presentation of general statistics, this book's
purpose is to show, in a general fashion, how quantified real
estate information can assist in the evaluation of both the
internal and market forces affecting the value of real estate. The
book concludes with a brief summary of techniques, along with
suggestions on how individuals or agencies can best use them. An
appendix lists available software together with hardware
requirements. "Business Information Alert"
Statistics are an undisputed tool in the field of real estate
science. Those measuring neighborhood change, economic value, and
market effects have long relied on statistics to predict
fluctuations and variances in the value of real estate more
accurately. The purpose of this book is not to cover similar
ground, however, but to show in a more general fashion how
quantified real estate information can assist in the evaluation of
both the internal and market forces affecting the value of real
estate.
From a general presentation on the use of statistics designed to
make the reader comfortable with language and procedures, the book
goes on to cover such topics as descriptive statistics, index
construction, probability, normal distribution, sampling, and
inferential statistics, as well as correlation and regression
techniques, allowing for more complex statistical analyses. The
book concludes with a brief summary of techniques covered, along
with suggestions on how individual real estate agents or agencies
can proceed with the most basic, yet useful analyses. An appendix
documents the types of software available for analyses to be
performed on personal computers together with their hardware
requirements. Statistics for Real Estate Professionals will be of
particular value to real estate agents and specialists who seek a
practical understanding of how statistics can improve the analysis
of real estate data.
General
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