C-HOM overview

C-HOM combines elements from theoretical, numerical modeling, and empirical literature in economics, finance, nonlinear systems, and coastal processes.

First, we adopt an asset-price approach that links the sales price of a property to the capitalized flow of housing market rent^46,59. We specifically modify the user cost of housing model to parameterize variation in incentives as a function of demographics, the changing physical environment, and broader economic conditions^46,60. By linking housing purchases to the flow of coastal amenities and risks, the user-cost approach introduces dynamics that result from different incentives faced by owners, institutional investors,

A landmark legal settlement between home sellers and the real estate industry could cause a shakeup in the way homes are bought and sold, beginning this summer.

The National Association of Realtors announced Friday that it had agreed to pay $418 million to settle more than a dozen antitrust lawsuits that accused NAR of imposing rules that inflated real estate commissions. NAR admitted to no wrongdoing, according to the news release.

Under the settlement’s terms, negotiations between buyers and sellers might become bleaker. Home sellers would pay smaller commissions, allowing them to keep more of the proceeds from sales. And