Real estate market trends in the first new urbanist town: seaside, Florida

Marthya, Khalida Lifam; Major, Mark David

doi:10.1080/17549175.2022.2071966

Cited by 3 publications

(4 citation statements)

References 22 publications

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“…According to Marthya & Major (2022), real estate is viewed as a wise investment due to its ability to provide solid returns and protection against inflation. They describe the primary and transient factors that impact residential property values.…”

Section: Real Estate Variables Of Residential Unitsmentioning

confidence: 99%

“…They describe the primary and transient factors that impact residential property values. The primary factors represent changes that influence house values over an extended time, frequently resulting from a more extensive process, like immigration patterns or economic cycles (Marthya & Major, 2022). The latter has short-term effects with local variations resulting from unique qualities, for instance, winning the bid to host the FIFA World Cup 2022.…”

Section: Real Estate Variables Of Residential Unitsmentioning

confidence: 99%

“…One of the general trends in the real estate sector is that price tends to be proportional to floor area and number of bedrooms (Marthya & Major, 2022;Al-Amadi et al, 2022). However, there are fluctuations in rates.…”

Section: Correlation Between Residential Unit Features and Monthly As...mentioning

confidence: 99%

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Urban Form and Real Estate Value in Msheireb Downtown Doha, Qatar

Aliyar,

Major,

Tannous

et al. 2023

JCUA

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In the late 20th century, Doha’s rapid urbanization and globalization led to the loss of housing and the compact, traditional urban fabric in the old city center. The Qatari government and Msheireb Properties developed Msheireb Downtown Doha to bring urban living back with a contemporary re-interpretation of the traditional urban fabric and modern life conveniences. Our study's primary objective is to investigate the relationship between urban form and the rental value of residential units, identifying factors that might influence rental asking prices. The paper examines morphological characteristics through field surveys and the real-estate variables such as location, floor area, number of bedrooms/bathrooms, and asking price collected from publicly available real estate websites. The findings indicate that the residential units' layout and adjacent streets' morphological characteristics clearly define specific targeted user groups. Larger residential units target Qatari families via more bedrooms/bathrooms and quieter urban settings, emphasizing Islamic cultural values. Smaller units target ex-pat workers (especially Westerners) using open-plan layouts in more lively urban environments of the development. The price per square meter also increases for residential units closer to the Doha Metro station. The study reiterates the success of compact living for improving urban living in other neighborhoods of old Doha.

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Section: Real Estate Variables Of Residential Unitsmentioning

confidence: 99%

Section: Real Estate Variables Of Residential Unitsmentioning

confidence: 99%

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Urban Form and Real Estate Value in Msheireb Downtown Doha, Qatar

Aliyar,

Major,

Tannous

et al. 2023

JCUA

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“…To fill the gaps, this paper aims to examine the impact of COVID-19 on the price and volume of the three primary types of physical commercial real estate market (i.e., the retail, office and industrial market), using Florida as a contextual example. Florida's real estate market has received increasing attention from scholars [12,13]. Florida is a particularly good testing ground for this topic as a state with the third-largest accumulated number of COVID-19 cases (4.17 million) in the U.S. in 2021 [14].…”

Section: Introductionmentioning

confidence: 99%

Commercial Real Estate Market at a Crossroads: The Impact of COVID-19 and the Implications to Future Cities

Wen

Fang

2022

Sustainability

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This paper aims to examine the responses of commercial real estate markets to COVID-19 and the implications for post-pandemic cities. Using data of Florida’s metropolitan areas in a fixed effect regression model, we find that sales volumes of retail properties decline instantly under the shock of COVID-19 but are followed by a strong recovery after one quarter. Meanwhile, COVID-19 depresses the growth rate of rent for office property, but the impact is short-term, and the office rental market bounces back to about 70 percent one quarter later. In comparison, industrial properties witness a rise in the growth rate of sales and rent price. Results indicate that urban planners may consider adjusting the amount of lands allocated to different usages to meet the evolving demands of urban space in the post-pandemic era.

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