This study examines the impacts of trails and greenbelts and other amenities on home value. Using the hedonic framework the study provides analyses of on a database consisting of roughly 10,000 sales of homes occurring from April 2001 to March 2002 in and around San Antonio, Bexar County, Texas....

While the monocentric urban models were once adequate for predicting the declining rent gradients for North American cities, the advent of a transportation system with major arteries such as turnpikes, thoroughfares and commuter rails has distorted the rent gradient for many cities. In this...

This study examines an aspect of hierarchical zoning.Hierarchical zoning, unlike mutually exclusive zoning, isuni-directional in that it protects upper-level residentialuses from nonconforming, non-residential uses but not viceversa. The result is that the lower-level zones can be amixture of...

The hypothesis for this study is that the origination fees (in the form of insurance premiums and funding fees) associated with FHA and VA financing will (1) be capitalized into buyer reservation values and (2) result in price discounts relative to conventional loans with lower loan-to-value...

This is an empirical investigation on the impacts of certain seller concessions on home prices. Specifically, we examine the impacts of two seller concessions: discount point concessions (DPC's) and closing cost concession (CCC's) on home prices. Using hedonic analysis, we find that DPC's are...

This study is an empirical examination of the relationship between pricing and optimal time on the market (TOM). First, estimates of optimal TOMs for our data set are generated using a linear programming model. Next, a workable measure of pricing is provided based on predicted listing prices and...

This study investigates daily stock market anomalies in the Egyptian stock market using its major stock index, the Capital Market Authority Index (CMA), to shed some light on the degree of market efficiency in an emerging capital market with a four-day trading week. The results indicate that...

The structure of banking systems in GCC countries; namely, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates, has substantially changed over the past decade, mainly as a result of regional economic integration and banking deregulation. The new banking environment has given...