I thought this was a great article on regression that I wanted to reprint from WorkingRE. You can find the link to the entire article below.
Editor’s Note: In life after Collateral Underwriter (CU), appraisers are eager to understand how they can create statistical support for their adjustments and value results. In this story, author James Swartz provides a good primer for understanding regression and appraising.
Appraising with Regression
By James A Swartz, PhD.
As a real estate appraiser, you are interested in determining how a set of characteristics such as the number of baths and bedrooms, total s As a real estate appraiser, you are interested in determining how a set of characteristics such as the number of baths and bedrooms, total square feet, and others, affects the value of a property. …continue reading the rest of this post: Appraising with Regression