David C. Ling, Wayne Archer
McGraw-Hill Education; 5th edition (February 22; 2017)
Real Estate Principles: A Value Approach 5th edition demonstrates how value is central to virtually all real estate decision-making. College students using Ling and Archer should finish the course with a value-oriented framework and a set of decision making and valuation tools that can be applied in a variety of real-world situations. The key to making sound investment decision is to understand how property values are maintained; increased; created; or destroyed.
Since the launch of Real Estate Principles: A Value Approach 5th edition; significant and lasting changes have come upon the world of real estate. This is very true in real estate finance and capital sources where most of the traditional lenders have been displaced or transformed; giving way to a radically different set of players in mortgage financing. There has been change with profound and far-reaching implications in a world where it is understandable that property values can go down as well as up. This realization will color every aspect of real estate investment; finance and transactions for the foreseeable future.