Professional Development Institute
Evaluating Real Estate Markets: Location, Product, Timing
This course is designed to help Real Estate Professionals evaluate property investments in terms of better understanding the economic factors that drive real estate markets. Real Estate rents, vacancy and prices are all determined by the operation of selected economic markets. The course examines those markets and how they determine property fundamentals. The course covers many current issues in real estate. These include the recent and continuing housing “crisis”, the globalization of real estate capital and its impact on pricing, technology and the changing spatial structure of cities (what this means for location decisions), the evolution and increasing scale of real estate development.
- Anticipate how US real estate markets will likely behave in the next 10 years
- Understand theories concerning the causes and consequences of market cycles and how they can be better anticipated
- Recognize the economic factors driving local real estate markets
William Wheaton is a professor at MIT, holding a joint appointment in the Departments of Economics and Urban Studies and Planning. Since the Center for Real Estate’s inception, he has taught the MSRED core course, Real Estate Economics. Professor Wheaton also operates a real estate forecasting firm, Torto Wheaton Research, through CB Richard Ellis.
Registration & Fees:
Course Fee: $1,600.
The program fee covers tuition, course reader, continental breakfast, and light refreshments. Registration and payment must be made at least one week prior to the course start date. Course information, including the reader, will be made available once payment is received.
For additional information, please contact:
MIT Center for Real Estate
Office of Professional Education