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Cycles, Trends, and Perspectives in Appraising

Monday, December 10th, 2007

Short cycling – Pedaling the real estate cycle
Appraisers are taught about the life cycles of a neighborhood, “growth, stability, decline and recovery”. This is the physical cycle of the neighborhood, not the real estate cycle. The real estate cycle is influenced by interest rates and the local economy, has an irregular pattern and generally last [...]

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