This course introduces the fundamental concepts, principles, and analytic techniques applied in the field of real estate. Given the interdisciplinary nature of the real estate and real estate market, the course will cover topics including real estate law, urban economics, market valuation, real estate finance and investment. The goal of the course is to expose students to the world of real estate and prepare them for more advanced real estate courses.
- Explain how property values are created, maintained, increased, or destroyed
- Determine the impact of legal considerations, financing requirements and alternatives, income and property tax considerations, and local market conditions on the value of the property
- Analyze how public policy regarding land development and use regulations affects both the economic and social benefits of housing development generally and affordable housing development in particular