Zobrazeno 1 - 10
of 36
pro vyhledávání: '"Henry J. Munneke"'
Autor:
Henry J. Munneke, Darren K. Hayunga
Publikováno v:
Real Estate Economics. 49:663-691
This article examines the bargaining power and information advantages of housing market participants with special interest in the outcomes of individuals compared to real estate agents. Prior studies examining agents’ sales of their own properties
Autor:
Henry J. Munneke, Lu Fang
Publikováno v:
SSRN Electronic Journal.
This paper attempts to address the issue of borrower heterogeneity when modelling a borrower’s mortgage loan termination behaviors (default and prepayment) by applying a nonparametric spatial model to a traditional competing-risks loan hazard model
Publikováno v:
The Journal of Real Estate Finance and Economics. 59:549-588
This study investigates whether mortgage financing regulation unintentionally leads to minorities paying a higher loan contract rate under a risk-based pricing system. We provide evidence that minority borrowers prepay less frequently than comparable
Publikováno v:
The Journal of Real Estate Finance and Economics. 58:517-543
This paper provides new evidence of sales sequence-real estate price relations in a setting in which consumption risk and completion risk are both minimized and where agglomeration economies do not pertain. The results illustrate that the monotonic d
Autor:
Lu Fang, Henry J. Munneke
Publikováno v:
Real Estate Economics. 48:957-1003
Using a sample of 30-year fixed-rate subprime mortgage loans, this article empirically examines whether gender inequality exists in the mortgage market, specifically whether a borrower's gender affects the loan contract rate charged, beyond the impac
Publikováno v:
The Journal of Real Estate Finance and Economics. 56:525-545
The choice of marketing system used to allocate property rights is important across many industries. In Scotland, two systems of marketing real property co-exist: fixed price, where homes are listed for sale at a fixed price on “first-come-first-se
Autor:
Henry J. Munneke, Kiplan S. Womack
Publikováno v:
Real Estate Economics. 48:294-338
This study draws from the redevelopment, real option, and urban spatial growth literatures to explore the spatial dynamics of the components of house prices. More specifically, the paper proposes that the capitalized value of the option to redevelop
Autor:
Henry J. Munneke, Lu Fang
Publikováno v:
Regional Science and Urban Economics. 86:103595
This paper examines borrower’s mortgage loan termination behaviors (default and prepayment) by applying a nonparametric spatial model to a traditional loan hazard model. In this spatial hazard model, all of the parameters are allowed, but not force
Autor:
Henry J. Munneke, Kiplan S. Womack
Publikováno v:
Regional Science and Urban Economics. 54:99-115
Renewal at the neighborhood level is the culmination of redevelopment decisions made at the property level. This study examines the decisions of whether to partially redevelop (renovate) or fully redevelop (tear down) existing improvements. Results f
Publikováno v:
The Journal of Real Estate Finance and Economics. 50:1-33
Comparing agent-owner with agent-represented home sales illustrates that commission contracts lead to external agent moral hazard. Real estate developers are sophisticated sellers who can either use external agents or hire internal agents. The theory