Real estate price adjustment due to time in the case of large databases

At the stage of market analysis prior to application of appropriate proce-dures for determining a value of the property an important element is to determi-nate a variability of immobility prices over a time, and if the impact of the transac-tion at the time of transfer is important for volatility, it should be adjust transaction prices based on accumulated property.It is important to confirm for the stage of the valuation of the recent years events at the Polish real estate market. While still 5-10 years ago, in a predictable and regular way property prices shaped in accordance with a trend of small grow-ing, then starting from 2003 the property market in Poland has entered the period known as boom and the market prices observed a very large price increases. Dif-ferences between current market prices for similar properties can vary by a few or several percent from month to month, and the disregard of these changes over time during the measurement could lead to a significant underestimation of the real estate value.Article aims determine the suitability of statistical models to detect and de-termine the price changes in the accumulated database real estate and their appli-cation to adjust prices due to the shift ...

Real estate market analysis of former rural areas on the example of Cracowian agglomeration

The Cracovian agglomeration is an area which covering over 4 thousand km2. It is composed of 51 municipalities inhabited by nearly 1.5 million people. Its major Centre is the city Krakow. Outer Zone consists of the outer suburban and the surrounding areas. Outer Zone consists of the outer suburban area and the surrounding area. The first one cumulate the 12 communes directly adjacent to the county town. It is the so-called "Cracovian bedroom". A large proportion of its population are pendular migrants, learning and working in the city. It should be noted that the community living in these areas is not only the indigenous peoples. Many of people are the immigrant population and local property owners buy them because of the proximity of Krakow. They have the opportunity to have your own house outside the city center and at the same time the occasion to quickly get to it. This resulted in extremely rapid development of the property market in neighboring municipalities.This publication aims to show the preferences of real estate buyers in the market, in areas previously used for agriculture in that urban area in recent years.     ...

Importance of land ownership act of trade the land at the rural areas

Determining the legal status of real estate is a key issue in its course. Not only it applies to define the boundaries but also the owner of the property. An in-stitution of Land Registry and their warranty should be the law secured for this transactions. The crucial problem are those properties, for which the only proof of purchase is an act of ownership of land issued under the Law on regulation of property holdings of 26 October 1971.In such situations may occur to challenge the document itself or the cancel-lation attempt, but corrected the information contained therein is not currently po-ssible. It is also possible that, despite assumptions of Land Register, a person not mentioned in it will have AWZ identifying itself as the owner. Further problems may arise from the need to determine if the property is covered by the act constitutes a joint ownership or separate one, and whether the right does not purport to adjacent property owners.Despite the passing of almost 39 years after the enactment of this act, there are such plots, for which the only proof of ownership is the act of land ownership. In the absence of a land register, the best solution seems ...