000			01656cam a2200253 4500
001			ABS65784
008			020716n2002 000 0 eng u
035			_a(Sirsi) u118866
100			_aFisher, J
245			_aReal time valuation
260			_c2002
490			_aJournal of Property Investment and Finance _v20(3) 2002, 213-221(9)
520			_aArticle aims to stimulate thinking as to how we might produce timely and more reliable estimates of changes in the value of portfolios, price indices based on a portfolio of properties, and other aggregate measures of trends in property values. Argues that a traditional market value appraisal of each individual property may not be necessary or optimal when the objective is to value portfolios or get a leading indicator of shifts in market value at an aggregate level. Instead, it is more important to use a critical mass of current market data that captures systematic movements in property values. Although a traditional market value appraisal is always more likely to capture the unique unsystematic characteristics of an individual property, automated valuation methods using a database of valuation data may provide the best way to get real time interim updates of real estate portfolios and create more timely real estate indices. References. Figures. [TAKEN FROM JOURNAL HEADNOTE]
590			_aABS
650			_aValuation _96273
650			_aMARKET VALUE
650			_aREAL ESTATE
650			_aPROPERTY APPRAISAL
650			_aPROPERTY PORTFOLIOS
650			_aPROPERTY VALUES
650			_aPRICE INDICES
690			_aPROPERTY-PROPERTY APPRAISAL AND VALUATION
942			_n0
999			_c70747 _d70747