Real Estate Analysis Essay
May 5, 2011
REAL ESTATE DATA SET
Real estate investment can be risky if the buyers are not aware of the different types of houses structures ranging from commercial, residential, apartment complex, single houses, or duplex. Moreover, the attributes of how many beds/baths, the proximity from the main city and freeways, and the area they located are crucial factors in the buying decision. Based 105 houses being surveyed, we can determine their pricing values according to the given variables: size, distance from the city, bedrooms, township, pool, baths, and garage.
ROBERT’S please attach what we came up with in class. See Appendix A
GARAGE …show more content…
Studies shows that about 50% of the houses have 3 and 4 bedrooms.
LifeinSanDiego.com recently conducted an in-depth, unbiased analysis of the San Diego housing market bubble. After lifeinSanDigeo report, based on the last 105 homes recently bought in San Diego. Studies reveals more young couples are taking advantage of the current housing market crisis by considering scalability pursuing homes with three or four bedrooms rather than the conventional two-bedroom condominium or town home. Although the three and fourth bedroom homes are at all time 10-year low. Many single, middle-aged San Diegians opted to go the reasonable and affordable route by buying two-bedroom condominiums in the Downtown area.
Bed baths and beyond conducted an interview of 105 newly homeowner to discover, what room in the household is most important? The survey was designed to gauge homeowners attitudes towards their important room and why they believe it can be a “make or break” when buying a home with their spouse. More than 65% of our survey participant agreed that the bathroom was most important to have and would be a make or break when considering a home to purchase. Of the 65% (mostly couples) said, at the minimum, two-bathrooms is the desire amount. The reasoning behind the request, flexibility.