Property Market Analysis Essay Example | Topics and Well Written Essays - 1500 words

Property Market Analysis - Essay Example Taking this into consideration, property market is evolving into various distinct fields. Various specialists usually have the responsibility of valuating property market as well as facilitating transactions involved in buying and selling in the property market. Some of the most common types of property market businesses include appraisal, development, net leasing, property management, real estate marketing, real estate investing, relocation services and corporate real estate among other businesses (Abdul 2002). In every field of property market, businesses usually specialize in certain types of property market. These include residential, commercial and industrial property (Abdul 2002). Moreover, most of the construction businesses usually have a significant connection to property market (Adams 2007). Current research on the property market indicates that lack of effective property market laws usually have a substantial barrier to investment to most of the developing countries all over the world (Adams 2007). In most societies worldwide, a significant portion of the total wealth is usually in terms of land and building. Taking this into consideration, land as well as a building is highly valued in many societies all over the world (Abdul 2002). In more advanced economies, the primary source of capital used by individuals as well as small companies to buy and improve building and land is mortgage loans. Most of the banks are willing give these loans as the real property usually act as security if the borrower fails to pay the money borrowed. Efficient market theory is one of the most discredited theories (Siegel 2009). The theory assumes that all participants in the market receive and act effectively on relevant information in the market as soon as it becomes available to them (Siegel 2009). If this is actually the case, then the best investment would be just a coin toss.