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New features have been added to this edition. Chapters are divided into five key concept areas:
- Parts & Pieces of the Total
- Surface & Space
- The Economics of Real Estate
- Doing the Business
- Practice Makes Perfect
New investment chapter. New "Glossary of Real Estate Terms". More than 60 challenging new problems give students plenty of practice in each area.
Plus, this new edition offers real estate students comprehensive coverage--from fractions, decimals and percentages to mortgage math to appraisal and lease calculations. Updated cost and sales prices, and tax & interest rates reflect today's marketplace. Detailed illustrations clarify complex concepts.