Real Estate Principles: A Value Approach, 5th Edition, by David Ling and Wayne Archer, demonstrates how value is central to virtually all real estate decision-making. As part of the McGraw-Hill/Irwin Series in Finance, Insurance, and Real Estate, this comprehensive text provides a value-oriented framework and a set of valuation and decision-making tools that can be applied in a variety of real-world situations. The core philosophy of the book is that the key to making sound investment decisions lies in understanding how property values are created, maintained, increased, or destroyed.
This edition addresses significant and lasting changes in the world of real estate, particularly in finance and capital sources. It explores the transformation of traditional lenders and the rise of a radically different set of players in mortgage finance. With profound implications for the industry, the text acknowledges the critical reality that property values can fluctuate significantly, a realization that colors every aspect of real estate investment, finance, and transactions in the modern market.
Book Specifications:
- Title: Real Estate Principles: A Value Approach
- Author: David Ling and Wayne Archer
- Series: McGraw-Hill/Irwin Series in Finance, Insurance, and Real Estate
- Edition: 5th Edition
- Publisher: McGraw-Hill
- Publication Date: February 22, 2017
- ISBN-10: 0077836367
- ISBN-13: 978-0077836368